Midtown Office Park - GSA Leased 6300 Building for Sale

Office for Sale
Catylist Listing ID: 30428626
Property Subtypes: Business Park, Governmental, Office Building
Building Size (RSF): 25,679 SF
Gross Building Area: See Agent
Sale Price: $3,500,000
Unit Price: $136.30 PSF
Property Use Type: Investment
Building Name: 6300 Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/13/2019

Overview / Comments

The 6300 Building is a single story office building with ample parking in Midtown Office Park.

The Internal Revenue Service (IRS) occupies over 60% of this building. The government agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States. The IRS is responsible for collecting taxes and administering the Internal Revenue Code, the main body of federal statutory tax law of the United States. The duties of the IRS include providing tax assistance to taxpayers and pursuing and resolving instances of erroneous or fraudulent tax filings. The IRS has also overseen various benefits programs, and enforces portions of the Affordable Care Act.

Home Health Care of East Tennessee occupies the remaining space and has been family owned and caring for southeast Tennessee since 1983. Throughout its history, HHCOET, Inc. has been committed to providing the highest quality health care and hospice services, along with respect and compassion for both patient and family. Our experienced staff is made up of dedicated, skillful professionals who bring integrated, compassionate care to patients of all ages in the comfort and security of their homes. They provide skilled nursing care, therapy rehabilitation, medical social work services, and home health aides.

Buyer to verify any and all information deemed necessary. Argus reports and lease abstracts available upon request.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 157M-A-0008.04
Property Visibility: Excellent
Highway Access: Interstate 75
Airports: Chattanooga
Area Description: Surrounded by other office and retail.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1972
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal, Storm

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,535 64,819 153,168
Median Age: 36.74 38.73 38.22
Households: 4,882 28,583 63,827

Contact

Photograph of Listing Agent

Andrew D Holt

Healy & Company, LLC Greater Chattanooga REALTORS® Member
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