Executive Office Building For Sale

Office for Sale
Catylist Listing ID: 30579946
Property Subtypes: Executive Suites, Net Leased, Office Building
Building Size (RSF): 10,292 SF
Gross Land Area: 1.13 Acres
Sale Price: $1,350,000
Unit Price: $131.17 PSF
Ceiling: 14 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Executive Suites
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 80
Last Updated: 11/4/2020

Overview / Comments

Prime location just minutes from Hwy 153, Executive office building with 10,200 square feet of rent-able office space. Currently 3 large spaces, and several Executive Suites on Stein Drive are available for lease.

There is amble parking for all tenants. Their is an employee picnic area behind the building with ample shade trees.

This property is in a perfect location for continued use for office space or would be perfect to be converted to a medical office. The possibilities are endless.

There are 2 1300+ sq ft office spaces and 1 larger, 2,155 sq ft space available, as well as several Executive Suites. See lease listing.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 138J A 002.11
Zoning: M-1
Property Located Between: Chapman & Shallowford
Property Visibility: Good
Highway Access: Minutes to Hwy 153 and I 75
Airports: Chattanooga Metropolitan Airport
Site Description: Very attractive building, well maintained, with an employee picnic area in the rear of the building.
Area Description: The area is a general business / medical district with residential homes and apartments near by.
Total Number of Buildings: 1
Typical SF / Floor: 10,292 SF
Year Built: 1989
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Ample parking for building size.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: New flooring in the Executive Suite area including the conference room, and kitchen. Well maintained.
Zoning Description: M-1
Lot Frontage: 187
Lot Depth: 250
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: Lt 6 Stein's Farm Sub Pb47 Pg48

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,377 46,760 137,334
Median Age: 40.1 39.64 39.42
Households: 2,492 20,867 57,670


Photograph of Listing Agent

Judy Webster

Keller Williams Realty Greater Chattanooga REALTORS® Member
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