

NNN Multi-Tenant Investment Opportunity
Mixed Use | 7.39% CAP | 21,378 SqFt
Marketing description
PRIME MULTI TENANT OPPORTUNITY 1304-1308 McCallie Ave | Chattanooga, TN Don't miss out on this incredible multi-tenant investment opportunity for purchase in Chattanooga, TN. With 21,378 SF of available space situated on 1.23 acres, this property offers a prime location and is sure to attract both investors and business owners. Highlighted features include: - 100% occupied with long-term leases and annual escalations, providing a steady and reliable income stream. - Extensive renovations completed from 2018 to 2022, ensuring everything from utilities and HVAC to the TPO roof is "new" and in optimal condition. - Highly visible and convenient location with ample parking, making it easily accessible for customers and clients. - Four great tenants already in place, making this a turnkey investment opportunity. Located on highly trafficked McCallie Ave, this property is surrounded by a thriving community with a projected population growth. With a median age of 44.1 and an average household income of $112,137 within a 1-mile radius, this property offers a lucrative market for businesses. Agent is Owner / Developer.
Investment highlights
100% Occupied, Net-Leased Investment.
4 great tenants on long-term leases with annual escalations.
Building was completely gutted and redeveloped between 2018-2022. Everything is "new" from utilities to HVAC to TPO roof and all tenant improvements.
Highly visible and convenient location with tons of parking!
OWNER / DEVELOPER / AGENT
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