The Corner at Hillcrest

Office for Sale
Catylist Listing ID: 13610036
Property Subtypes: Flex Space, Office Building
Building Size (RSF): 23,736 SF
Sale Price: $1,300,000
Unit Price: $54.77 PSF
Property Use Type: Vacant/Owner-User
Building Name: The Corner at Hillcrest
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/2/2017

Overview / Comments

A 23,736 square foot stand alone office building with warehouse/flex space.

The top floor consists of 4,200+/- square feet of class A office space. It has 10 offices, a large conference room with a working gas log fireplace, a break room, two designated work areas, a reception area and two bathrooms.

The main level consists of 10,000+/- square feet of class A office space with 15+ offices, several work areas, training areas, conference rooms reception areas and several bathrooms. This level can be subdivided into 3 separate areas for leasing. A great way for an owner occupant to subsidize the mortgage.

The ground level is a daylight basement with just under 9,800+/- square feet of warehouse/flex space.

Located at Hwy 153 and Hwy 58 at Bonny Oaks Drive. Very close proximity to Volkswagen and Amazon.com plants.

Attachments & Media

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $20,296 (Annual)
Net Operating Income $123,532 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033128E C 00501P000
Zoning: M-1
Property Visibility: Excellent
Transportation: Bus, Highway
Area Description: Located just off the Highway 153 business corridor.
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1995
Roof Type: Gable
Construction/Siding: Steel Frame, Wood Frame, Other
Exterior Description: Stucco
Parking Type: Surface
Sprinklers: None

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,873 40,047 128,620
Median Age: 43.64 39.26 38.65
Households: 1,329 17,043 54,382

Contact

© 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.