60 Erlanger Dr
Ringgold, GA 30736
Erlanger Health · Office Property For Sale
INVESTMENT HIGHLIGHTS
- New 10-year lease extension evidencing commitment to the location
- Erlanger Health System is an investment grade rated tenant (Moody’s: Baa2)
- Located within the Chattanooga MSA (565,000 people)
- 2% annual rental increases
- Erlanger Health System was founded in 1889 and is the leading regional health provider with over 6,600 employees
- Affluent surrounding area with average annual household income of $100,000 in one mile
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
7,955 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,955 SF
Building FAR
0.13
Lot Size
1.40 AC
Zoning
commercial
Parking
57 Spaces (7.17 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 0022C-051-00B | Improvements Assessment | $329,507 |
| Land Assessment | $365,904 | Total Assessment | $695,411 |
