Pandora's European Motorsports is relocating to East Ridge
For Immediate Release
Contact: April Linnemann | april@charterre.com
CHATTANOOGA, TENNESSEE | December 3rd, 2020 | Pandora’s European Motorsports is planning to relocate its motorcycle dealership from 4301 Highway 58 in Chattanooga to East Ridge with the help of the Border Region Retail Development District, a state sales tax incentive. The new facility located at 5337 Ringgold Road is 7,000 square feet larger than the existing facility on Highway 58.
Chad Wamack of NAI Charter represented the buyer, Pandora’s European Motorsports (Mvms Properties) in the transaction. The transaction price for the 19,250 square foot building was $1,250,000. Pandora’s European Motorsports will be doing a complete build-out on the space and plan to be in the new facility by June 2021.
About Pandora’s European Motorsports
Pandora’s opened in late 2009 as an exclusive Ducati dealer. Later, BMW was added to the offering and Triumph motorcycles were added in 2012. In 2017, Pandora’s partnered with Husqvarna Motorcycles, a Swedish brand known for a diverse range of motocross, enduro and supermoto bikes. In 2019, KTM and Beta Motorcycles we added to the line up making Pandora’s your one-stop shop for all things off-road. For more information, visit: www.pandoramotorsports.com
About NAI Charter
Founded in 1972, NAI Charter is Chattanooga's premier commercial real estate service provider. Combined, our staff of six full-time brokers offers more than 100 years of experience! Two brokers hold the SIOR designation and two hold the CCIM designation. NAI Charter's national resources and local knowledge help us exceed expectations by delivering finely tuned, premium services. We also offer a full-service property management division, Charter Management Company, that currently manages 31 commercial properties totaling over 745,000 SF. For more information, visit www.naicharter.com.