Newly Built-Out Office Condo on Lee Hwy

Office for Sale
Catylist Listing ID: 30669881
Property Subtypes: Business Park, Executive Suites, Medical, Office Building
Condo? Yes
Building Size (RSF): 2,500 SF
Gross Building Area: See Agent
Sale Price: $487,500
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: London Center
Class of Space: Class A
Usable Size (USF): 2,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2021

Overview / Comments

Located in the London Center office/retail park at Lee Highway and McCutcheon Road, this 2,500 square foot condominium unit was built-out in 2020 as medical office space with a lobby, waiting room and nine patient rooms. It also has two bathrooms in addition to a shower plus plenty of storage areas/closets.

This unit has two reserved parking spaces up front, and there is ample additional parking. The property is street level with mature, well-kept landscaping. Other businesses currently operating in this center are Ameriprise Financial, Century Title, Core Homes, My Salon Suite, Tandem Financial Partners, Dowis & Boyd CPAs, Flexicrew Staffing, Kid To Kid Children's Clothing and Allstate Insurance.

London Center is located in the Hamilton Place retail/business hub and is less than ten minutes from Chattanooga Airport and less than twenty minutes from downtown.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City & County
Tax ID/APN: 148D E 001 C305
Is Condo?: Yes
Zoning: C-2
Property Located Between: Lee Highway & McCutcheon Road
Property Visibility: Good
Highway Access: Less than one mile to Interstate 75 and less than two miles to Highway 153.
Airports: Less than 10 minutes.
Number of Stories: 1
Year Built: 2008
Year Renovated: 2020
Parking Type: Surface
Zoning Description: C-2
Part of Planned Development?: Yes
Land Ownership: Owners Association

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,599 41,514 116,575
Median Age: 43.83 39.82 39.98
Households: 2,701 18,086 48,428

Contact

Photograph of Listing Agent

Brian Chadwick

Second Story Real Estate Manag Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Kelly Fitzgerald

Second Story Real Estate Manag Greater Chattanooga REALTORS® Member
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