Medical Office Building

Office for Sale
Catylist Listing ID: 30137043
Property Subtypes: Medical
Building Size (RSF): 16,663 SF
Gross Building Area: See Agent
Sale Price: $5,225,000
Unit Price: $313.57 PSF
Property Use Type: Business
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2018

Overview / Comments

16,000+ SF two-story medical office building with 60 space parking lot. Currently occupied.

Building was constructed in 2008 and is in wonderful condition. Lower floor contains as waiting room, triage desk and patient exams rooms. Second floor serves as billing and administrative services offices along with physicians' private offices.

Included in the sale are three vacant lots adjacent to the property that could serve as overflow parking or be developed independently.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033146H K 00800P000
Property Located Between: Central Avenue & Park Avenue
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 8,300 SF
Year Built: 2008
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Mostly brick with some decorative woodwork/railings.
Parking Type: Surface
Total Parking Spaces: 60
Passenger Elevators: 1
Lot Frontage: 349.38
Lot Depth: 135.94
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lt. 1 McCallies Addn Pb1 Pg34 Rev 9 0-132 Rev 90-9

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,253 64,750 137,926
Median Age: 29.25 34.39 36.77
Households: 4,268 26,170 57,467


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