Price Drop! Rare Ooltewah/Collegedale Area Investment Opportunity
|Catylist Listing ID:
Business Park, High-Tech, Medical, Mixed Use, Net Leased, Office Building, Other
|Building Size (RSF):
|Gross Building Area:
|Property Use Type:
||David Smith Business Complex
|Class of Space:
||Cash to Seller
|Average Occupancy Rate:
Overview / Comments
Price drop 8/25! Rare investment opportunity in Ooltewah/Collegedale area! Fully occupied with long term leases in place (1 tenant is in year 5 of a 10 year lease, the other tenant is willing to sign 5-7 year lease). This well maintained, all brick, single-level, building, sits within a four building office complex with shared common area expenses. A brand new roof was install 2020. HVAC's both 3-5 years old. Inside, the spaces are upgraded with newer finishes. The building includes plenty of parking for both employees and customers, fresh landscaping and a shared monument sign.
Leases are Single Net leases with tenants paying all utilities and all CAM expenses. Operating Expense attached.
Attachments & Media
||033140D A 01303
|Property Located Between:
||Apison Pike & Lee Highway
||3 miles from Interstate 75
|Total Number of Buildings:
|Number of Stories:
||All brick building.
||Unassigned communal parking has been adequate for tenants and clients.
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