Custom Medical Office Opportunity

Office for Lease
Catylist Listing ID: 30403504
Property Subtypes: Governmental, High-Tech, Medical, Office Building, Research & Development, Other
Contiguous Space: 11,378 SF
Gross Building Area: 11,378 SF
Gross Land Area: 1.22 SF
Lease Rate: $8 PSF (Annual)
Base Monthly Rent: $7,585
Lease Types: Absolute NNN
Class of Space: Class A
Last Updated: 4/19/2019

Overview / Comments

This is a blank-slate opportunity for build-to-suit office space. Located off the intersection of McCallie and Holtzclaw and within a mile of all three major hospitals, this property is ideally situated for medical office or related businesses.

Our team is prepared to completely change the exterior aesthetic and complete a tenant's custom build out to provide turnkey space.

The cost of improvements would be amortized over the lease term and added to the base rate of $8 per square foot.

The base rate includes the building in its "As Is" condition today. We have already demolished the interior, completed select site improvements, and installed a new white TPO roof.

Expand All Available Space

Suite: A 11,378 SF $8 PSF (Annual) Absolute NNN
Space Available: 11,378 SF
Lease Rate: $8 PSF (Annual)
$7,585 (Monthly)
Lease Type: Absolute NNN
Space Subcategory: Medical, High-Tech
Date Available: 4/3/2019
Lease Term: 120 Months
Space Type: New
Parking Spaces 40
Rent Escalators Step-Up Lease
Rent Escalators Description 2% Annual Escalations

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033146J J 02300
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 5,689 SF
Year Renovated: 2019
Roof Type: Flat
Construction/Siding: Block, Brick
Parking Type: Surface
Internet Access: Gigabit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,470 72,762 140,380
Median Age: 32.14 34.97 36.75
Households: 4,249 29,156 58,463

Contact

Photograph of Listing Agent

J. Matthew McGauley

Fidelity Trust Company Greater Chattanooga REALTORS® Member
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