Signal Mountain Road Starbucks Sells For $1.8 Million

  • Monday, January 11, 2021

A building housing a new Starbucks on Signal Mountain Road has sold for $1.8 million.

The 2,100-square-foot retail building had opened last summer at the shopping center anchored by Food City.

The seller, from New York, was represented by the Palomar Group. Chris Schellin of Westwood Net Lease Advisors represented the buyer from Charleston, S.C.

Officials said Starbucks has 10 years remaining on the double-net lease, which includes four five-year extension options.

Latest Headlines
Real Estate
Urban Story Ventures Wins Three 2024 CoStar Impact Awards For Chattanooga
  • 3/28/2024

Southeast real estate development group Urban Story Ventures announced that its properties won three of five categories in the 2024 CoStar Impact Awardes: Redevelopment of the Year, Multifamily ... more

RE/MAX Agent-Auctioneer-Estate Specialist Paige Holt Earns Annual Sales Production Award
RE/MAX Agent-Auctioneer-Estate Specialist Paige Holt Earns Annual Sales Production Award
  • 3/28/2024

Paige Holt, with RE/MAX Properties – NeXstep Team, has earned the RE/MAX 100% Club Award, which recognizes high-achieving real estate professionals for their service to buyers and/or sellers ... more

Real Estate Transfers For March 21-28
  • 3/28/2024

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding ... more