University Tower

Withdrawn Office for Sale
Catylist Listing ID: 29843816
Property Subtypes: Medical, Mixed Use, Office Building
Building Size (RSF): 44,477 SF
Gross Building Area: 51,000 SF
Gross Land Area: 1.53 Acres
Sale Price: $5,950,000
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: University Tower
Class of Space: Class A
Sale Terms: Cash to Seller
Withdrawn On: 3/15/2017
Last Updated: 3/15/2017

Overview / Comments

Six story class A office building with 51,000 SF gross area. A prime location adjacent to University of Tennessee at Chattanooga. Plenty of onsite parking. Close to downtown Chattanooga. Owners are retiring.
Please contact agent for financials.

The property is located in a prime location in Downtown Chattanooga. Across the street from the Mckenzie Arena and University of Tennessee at Chattanooga. Walking distance to downtown and the Tennessee Riverwalk.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chattanooga
Tax ID/APN: 135M J 011
Zoning: C1
Property Located Between: Across from McKenzie Arena and adjacent to UTC campus.
Property Visibility: Excellent
Highway Access: Hwy 27
Airports: Chattanooga Metro
Area Description: Across from McKenzie Arena
Total Number of Buildings: 1
Number of Stories: 6
Typical SF / Floor: 7,672 SF
Year Built: 1989
Year Renovated: 2015
Construction/Siding: Brick
Exterior Description: All Brick building.
Parking Ratio: 120 (per 1000 SF)
Parking Type: Surface
Parking Description: Plenty of parking.
Total Parking Spaces: 120
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: T1/T3
Interior Description: Class A interior and all offices have windows over looking the river and mountains and UTC campus. The interior architecture is beautifully designed by TWH Architect.
Zoning Description: c1
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,693 53,970 133,003
Median Age: 28.51 33.67 37.17
Households: 2,275 21,880 55,673


Photograph of Listing Agent

Wendy J Elliott

Henry B Glascock Co. GCAR CMLS Member
© Copyright GCAR Commercial MLS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither GCAR Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.