The Corner at Hillcrest

Office for Sale
Catylist Listing ID: 13610036
Property Subtypes: Flex Space, Office Building
Building Size (RSF): 23,736 SF
Sale Price: $1,300,000
Unit Price: $54.77 PSF
Property Use Type: Vacant/Owner-User
Building Name: The Corner at Hillcrest
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/19/2018

Overview / Comments

A 23,736 square foot stand alone office building with warehouse/flex space.

The top floor consists of 4,200+/- square feet of class A office space. It has 10 offices, a large conference room with a working gas log fireplace, a break room, two designated work areas, a reception area and two bathrooms.

The main level consists of 10,000+/- square feet of class A office space with 15+ offices, several work areas, training areas, conference rooms reception areas and several bathrooms. This level can be subdivided into 3 separate areas for leasing. A great way for an owner occupant to subsidize the mortgage.

The ground level is a daylight basement with just under 9,800+/- square feet of warehouse/flex space.

Located at Hwy 153 and Hwy 58 at Bonny Oaks Drive. Very close proximity to Volkswagen and plants.

Attachments & Media


Finance Data Year 2017
Real Estate Taxes - Annual($) $20,296 (Annual)
Net Operating Income $123,532 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033128E C 00501P000
Zoning: M-1
Property Visibility: Excellent
Transportation: Bus, Highway
Area Description: Located just off the Highway 153 business corridor.
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1995
Roof Type: Gable
Construction/Siding: Steel Frame, Wood Frame, Other
Exterior Description: Stucco
Parking Type: Surface
Sprinklers: None

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,873 40,047 128,620
Median Age: 43.64 39.26 38.65
Households: 1,329 17,043 54,382


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