Midtown Office Park - Uptain Building for Sale

Office for Sale
Catylist Listing ID: 30428579
Property Subtypes: Business Park, Governmental, High-Tech, Office Building
Building Size (RSF): 73,000 SF
Gross Building Area: See Agent
Sale Price: $6,000,000
Unit Price: $82.19 PSF
Property Use Type: Investment
Building Name: Uptain Buidling
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/13/2019

Overview / Comments

The Uptain Building is a five-story office building in Midtown Office Park with over 73,000 square feet of leasable space and ample parking.

High occupancy rate, averaging over +/-87% with notable tenants like the DEA being a GSA department.

Offers visibility and access from the retail corridor located along Brainerd Road.

Buyer to verify any and all information deemed necessary. Argus reports and lease abstracts available upon request.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 157M-A-008
Property Visibility: Excellent
Highway Access: Interstate 75
Airports: Chattanooga
Area Description: Surrounded by other office and retail.
Total Number of Buildings: 1
Number of Stories: 5
Year Built: 1975
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal, Storm

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,885 63,381 153,168
Median Age: 35.17 38.88 38.22
Households: 3,185 27,853 63,827

Contact

Photograph of Listing Agent

Andrew D Holt

Healy & Company, LLC Greater Chattanooga REALTORS® Member
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