Ashbrook Office Centre

Office for Sale
Catylist Listing ID: 30295141
Property Subtypes: Office Building, Other
Building Size (RSF): 11,200 SF
Gross Building Area: See Agent
Sale Price: $599,000
Unit Price: $53.48 PSF
Property Use Type: Investment
Building Name: Ashbrook Office Centre
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/30/2020

Overview / Comments

Welcome to the Ashbrook Office Centre at 4220 Dayton Blvd. This office space/strip center has a great location in growing Red Bank with street visibility from Dayton Blvd. The building is low maintenance, and the roof has been replaced in the past few years. It features 14 suites, each 800 sqft. A common courtyard sits in the middle of the suites, offering a greenscape common area. A large parking lot out front offers plenty of space for clients, customers, and employees. Currently 85% occupied - the only 2 vacancies are because of owner occupancy. Majority of tenants are long term. Current GMI is $5,125. Call today for more information!

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 109J B 001.01
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1974
Legal Description: Tract 2 Unsubd Pt M L Hartmans Sub Rev 31-130 Rev 72-23

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,857 43,954 92,673
Median Age: 39.72 38.9 39.98
Households: 3,509 19,616 39,785


Photograph of Listing Agent

Grace Frank

Real Estate Partners Chatt LLC Greater Chattanooga REALTORS® Member
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