Gunbarrel Road Office / Medical Stand-Alone Building

Office for Sale
Catylist Listing ID: 30573297
Property Subtypes: Medical, Office Building
Building Size (RSF): 4,424 SF
Gross Land Area: 0.47 Acres
Sale Price: $895,000
Unit Price: $202.31 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Usable Size (USF): 4,424 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/1/2020

Overview / Comments

This is a new construction, stand-alone office building located a half-block off of Gunbarrel Road and adjacent to Erlanger East Medical Center. The two story office building was constructed with 10' ceilings and the ability to accommodate multiple users such as two 1,500 SF ground floor spaces for smaller users.

This building is not subject to the high costs of other Owner's Associations and is a stand-alone building on a fee simple parcel zoned O-1 (general office). A private parking area is located to the rear of the building and an additional front parking area has been approved (see attached plans).

Professional office and medical should consider this facility. The building's configuration also makes it an attractive investment property for a partial owner/occupant.

Building has three phase power and is separately metered for up to four tenants.

SF and lot size are taken from public records and not guaranteed.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chattanooga
Tax ID/APN: 033158E C 00302
Zoning: O-1
Property Located Between: Igou Gap Road and East Brainerd Road
Property Visibility: Excellent
Area Description: The Hamilton Place area is the heart of East Brainerd and home to Hamilton Place Mall; a super Regional Mall with over 1,500,000 SF of retail. Erlanger East Medical Center is less than a 1/2 mile away.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2019
Roof Type: Gable
Parking Type: Surface
Parking Description: Rear Parking and front parking
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Fiber Optic
Zoning Description: General Office
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,535 47,445 123,520
Median Age: 39.53 40.64 39.69
Households: 4,133 20,320 51,090

Contact

Photograph of Listing Agent

John E Jewell

CBT Commercial Greater Chattanooga REALTORS® Member
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