Office | Flex Space | Suite For Sale

Office for Sale
Catylist Listing ID: 30623993
Property Subtypes: Business Park, Executive Suites, Governmental, Institutional, Flex Space, Office Building
Building Size (RSF): 1,540 SF
Gross Land Area: 1,540 SF
Sale Price: $189,000
Unit Price: $122.73 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User
Building Name: Heritage Park
Class of Space: Class B
Usable Size (USF): 1,540 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2020

Overview / Comments

For Sale or Lease

Suite B is a very nice corner flex space. It has an office suite with a rear roll up door and small warehouse storage area.
- Two Private Offices
- Two Restrooms
- Open Floor Space
- Kitchen / Break Room
See attached Floor Plan

The office park is a condominium type park so many of the suites are owner occupied which leads to much cleaner and nicer office park in general.

The lease rate is $12.99 per square foot annual, NNN. The triple net (NNN) charges are about $3.12 /psf. This complex is located just off of Bonny Oaks Drive near Highway 153. Across the street from the property is a UPS facility.

The landlord is in the process of making a few minor repairs to the suite.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County/ Chattanooga City
Tax ID/APN: 033129P B 01400
Zoning: M2
Property Located Between: Founders Way and Heritage Park Dr
Property Visibility: Good
Highway Access: Hwy 153 via Bonny Oaks Dr
Airports: Chattanooga Metropolitan Airport
Site Description: The site is level and street grade. Parking lot in front plus parking on the side. Located across from the UPS facility.
Area Description: The site is located within the Bonny Oaks Industrial Park. The industrial park has a mixture of large and small industrial users along with office and other commercial users. Close to the Hamilton County Assessor's office.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,540 SF
Year Built: 2000
Roof Type: Arched
Construction/Siding: Brick
Exterior Description: Nice attractive brick building.
Parking Type: Structure
Parking Description: Ample parking in the front and on the side. At least 8 parking spaces.
Total Parking Spaces: 8
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: M2 - Manufacturing
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,902 38,282 125,429
Median Age: 42.74 40.3 39.56
Households: 2,996 17,117 52,804

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
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