Beautiful Class A Retail and Medical Office Building

Shopping Center for Sale
Catylist Listing ID: 30760706
Property Subtypes: Strip Center
Building Size (RSF): 21,671 SF
Gross Building Area: See Agent
Gross Land Area: 3.03 Acres
Sale Price: $6,499,000
Unit Price: $299.89 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Last Updated: 9/14/2021

Overview / Comments

Beautiful boutique retail and medical building located in the high-demand East Brainerd district.
With this highly sought after location, you can sit back in pride and effortlessly collect on your
investment.
-New, quality construction with several high-efficiency components and features
-Multiple Medical Tenants - Lighted Ingress and Egress to East Brainerd Rd.
-Reputable and Reliable Tenants - Solid Investment
-100% Leased - Adjacent to high-end apartments

Current Tenants

Tenant Business Name Shabo Dental
Website URL https://panorama.marqueedental.com/
Suite Number 101
SF of Space Occupied 2,556 SF
Tenant Business Name Siskin
Website URL https://www.siskinrehab.org/
Suite Number 103
SF of Space Occupied 3,515 SF
Tenant Business Name Lifestyle Hearing
Website URL https://bloomhearing.com/locations/southern-medical-hearing-cent
Suite Number 105
SF of Space Occupied 1,620 SF
Tenant Business Name 100% Chiropractic
Website URL https://www.facebook.com/100percentchattanooga/
Suite Number 107
SF of Space Occupied 2,556 SF
Tenant Business Name QC Kinetix
Website URL https://qckinetix.com/
Suite Number 109
SF of Space Occupied 1,736 SF
Tenant Business Name Painting With a Twist
Website URL https://www.paintingwithatwist.com/studio/chattanooga/
Suite Number 111
SF of Space Occupied 2,086 SF
Tenant Business Name Banana Tree Organic Salon
Website URL http://bananatreesalon.com/
Suite Number 113
SF of Space Occupied 1,340 SF
Tenant Business Name Guardian Investment Advisors
Website URL https://giaplantoday.com/
Suite Number 115
SF of Space Occupied 1,400 SF
Tenant Business Name Sigler's Craft Beer
Website URL https://siglersbeer.com/
Suite Number 117
SF of Space Occupied 1,700 SF
Tenant Business Name The Bar Studio
Website URL https://www.thebarstudio.com/
Suite Number 119
SF of Space Occupied 3,162 SF

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033158F G 00400P000
Site Description: This is an investor's dream, a beautiful turn-key investment property with long-term leases in place and 100% occupancy. The Pavilion at Panorama is an upscale shopping center located less than half a mile off I-75, on East Brainerd Rd which has a vehicle count of approx 50,000 cars per day. This 10-tenant unit has excellent visibility with traffic light access.
Area Description: 1309 Panorama Drive, also known as the Pavilion at Panorama, is a class A boutique building that combines medical and retail tenants. It is located on a prominent site in Chattanooga’s East Brainerd District, home to Tennessee’s largest enclosed shopping mall, Hamilton Place Mall. The Pavilion at Panorama is just miles away from wellknown Chattanooga, TN attractions as the Tennessee Aquarium, Ruby Falls, Rock City Garden and Lookout Mountain.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2012
Parking Type: Surface
Parking Description: An abundance of parking, boasting 110 spaces across the span of the spacious parking lot.
Total Parking Spaces: 110

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,895 52,693 130,505
Median Age: 39.12 40.1 39.63
Households: 3,706 22,680 54,053

Contact

Photograph of Listing Agent

Valerie Gallups

The Chattanooga Home Team Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Heather Lyons Bevil

The Chattanooga Home Team Greater Chattanooga REALTORS® Member
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