NNN Investment Medical Office Building

Office for Sale
Sale Pending
Catylist Listing ID: 30733588
Property Subtypes: Medical, Net Leased, Office Building
Status: Pending
Building Size (RSF): 9,092 SF
Gross Building Area: See Agent
Gross Land Area: 2.23 Acres
Sale Price: $2,255,555
Unit Price: $248.08 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/11/2021

Overview / Comments

Medical Office building, NNN leased, in excellent condition. Current lease is below market rates, has annual increases, and expires in 2031.

Additional Details

Nearest MSA: Chattanooga
County: Catoosa
Tax ID/APN: 0022C05100D
Property Located Between: Just off GA - 2 / Battlefield Parkway
Property Visibility: Good
Highway Access: Near I-75
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2012
Roof Type: Gable
Construction/Siding: Brick
Parking Description: Ample level parking

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,225 22,112 77,781
Median Age: 41.2 37.99 39.23
Households: 829 8,346 31,037


Photograph of Listing Agent

Josh Fox

Hudson Commercial, LLC Greater Chattanooga REALTORS® Member
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