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Withdrawn Office for Sale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Withdrawn On: 3/15/2017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

Contact

Photograph of Listing Agent

Wendy J Elliott

Henry B Glascock Co. GCAR CMLS Member
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