5715 Cornelison Rd | Chattanooga, TN 37411
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- LoopNet Team
5715 Cornelison Rd
Chattanooga, TN 37411
Office Property For Sale
Investment Highlights
- Oldest Ophthalmology practice in Chattanooga
- 30% below market rent - in place net rent at $11.50 psf vs $16.50 market net rents
- Superior access and visibility from I-75
- 7 years of WALT
- 5% vacancy rate across the submarket, well below the national average of 17%
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
10,026 SF
Building Class
C
Year Built
1973
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,026 SF
Building FAR
0.18
Lot Size
1.25 AC
Zoning
C2
Parking
63 Spaces (6.28 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 157M-A-008.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $247,960 |
PROPERTY TAXES
Parcel Number
157M-A-008.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$247,960
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