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7003 Shallowford Rd

12,420 SF 81% Leased Office Building Chattanooga, TN 37421 $2,300,000 ($185/SF) 8.35% Cap Rate

Investment Highlights

  • Prime location situated just off of Shallowford Rd.
  • Property has previously established tenants on site.
  • Located on a corner lot promoting high visibility.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,420 SF
Building Class
B
Year Built
1988
Price
$2,300,000
Price Per SF
$185
Cap Rate
8.35%
NOI
$192,000
Percent Leased
81%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,264 SF
Building FAR
0.29
Lot Size
0.99 AC
Zoning
CS - Commercial services zoning
Parking
30 Spaces (2.85 Spaces per 1,000 SF Leased)

Amenities

  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 201
  • 3,069 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days

This 3,069 square-foot former orthodontics space is available for lease.

Space Size Space Use Condition Available
2nd Fl-Ste 201 3,069 SF Office/Medical Full Build-Out 30 Days

2nd Fl-Ste 201

Size
3,069 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 201

Size 3,069 SF
Space Use Office/Medical
Condition Full Build-Out
Available 30 Days

This 3,069 square-foot former orthodontics space is available for lease.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
149A-A-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$522,400
  • Listing ID: 27361450

  • Date on Market: 12/21/2022

  • Last Updated:

  • Address: 7003 Shallowford Rd, Chattanooga, TN 37421

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