For Sale | Gunbarrel Rd | 4 Story Medical Office

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30738499
Property Subtypes: Business Park, Executive Suites, Coworking, Governmental, High-Tech, Institutional, Medical, Mixed Use, Net Leased, Office Building, Other
Status: Pending/Contingent
Building Size (RSF): 18,720 SF
Gross Land Area: 0.82 SF
Sale Price: $4,000,000
Unit Price: $213.68 PSF
Ceiling: 12 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: First Watch | Alani Dental
Class of Space: Class A
Usable Size (USF): 16,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2021

Overview / Comments

Sale or Lease | Gunbarrel Rd | 4 Story Mixed Use

Class A office space available For Lease & For Sale at 1825 Gunbarrel Road.

Ideal for Buyer / User!

The entire 2nd and 3rd floors are available - Build-to-Suit. 4,000sf per floor. Unfinished shell space with sprinkler, HVAC, and elevator in place. Each floor individually metered. Tenant signage allowed on Building & Monument Sign.

Owner / Landlord willing to grant a build-out allowance of up to 50% of the tenant's buildout up to $45 /per square foot!

125+ parking spaces with cross easements with adjacent property for great access and ample parking.

Current Tenants Include:
1st Floor - First Watch The Daytime Cafe
2nd Floor - Vacant
3rd Floor - Vacant
4th Floor - Alani Dental Center

This property is directly across from the Gunbarrel Pointe Shopping Mall which includes: Target, Whole Foods, Chick-fil-a, Kohl's and Panera.

Other medical offices nearby: Erlanger Primary Care-East, Galen East Internal Medicine and Pediatrics, Erlanger East Brainerd Internal Medicine, AFC Urgent Care, CHI Memorial, Center for Sports Medicine, Chattanooga Bone and Joint Center, Renaissance Surgery Center, Distefano Eye Center and Parkridge Medical Group-Behavior to name a few.

There is an extensive 31-page demographics report available upon request for this property too.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County / Chattanooga City
Tax ID/APN: 033158D F 01200
Zoning: R4
Property Located Between: E. Brainerd & Shallowford Road
Property Visibility: Excellent
Highway Access: Quick access to I-75 North via E. Brainerd Rd, Igou Gap Rd, Shallowford Rd.
Airports: Chattanooga Metropolitan Airport (CHA)
Site Description: The site is level and at street grade. Parking is available on the front, side and backside of the building.
Area Description: The Hamilton Place Mall area is one of the most trafficked area in Chattanooga. Area has high end retail, restaurant and medical office spaces. The Gunbarrel Road/Hamilton Place Mall is considered Chattanooga's #1 retail district. And lately, has become a medical corridor too.
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 4,000 SF
Year Built: 2014
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Surface
Parking Description: 62+ on site parking spaces with cross easements with adjacent property for great access and ample parking. Parking in the front and rear.
Total Parking Spaces: 62
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: The second and third floors are ready to be built out. Sample floor plans are available.
Zoning Description: R4
Lot Frontage: 120'
Lot Depth: 296'
Water Service: Municipal
Sewer Type: Municipal
Easements: Pipelines, Electric Lines, Ingress/Egress, Utilities
Easements Description: There are cross easements and parking easements with the adjacent property.

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,999 49,237 117,778
Median Age: 42.71 40.05 39.92
Households: 2,905 20,887 48,648

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Riley Kurtts

KW Commercial Greater Chattanooga REALTORS® Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.