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9795263
9795201

1304 McCallie Ave, Chattanooga, TN 37404

JM
TN TN 291079
SVN Second Story Real Estate Management
Listed by SVN Second Story Real Estate Management
$5,750,000
661 days on market
Updated 8 days ago

NNN Multi-Tenant Investment Opportunity

Details
Property Type Mixed Use, Office (+2)
Sub Type Creative Office, Medical Office (+1)
Square Footage 21,378
Units 4
Cap Rate 7.39%
NOI $425,000
Occupancy 100%
Tenancy Multi
Class A
Year Renovated 2018-2022
Buildings 2
Stories 2
Acreage 1.230
Parking Spaces 80 spaces
Parking per 1,000 SqFt 3.74
Investment Type Net Lease

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

Listing Contacts

JM
TN TN 291079
SVN Second Story Real Estate Management
Listed by SVN Second Story Real Estate Management

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$425,000.00
$35,416.67/mo

Valuation Metrics

0
DSCR
7.39%
Cap Rate
7.39%
ROI

Map

Zoning

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I-H IndustrialHeavy Industrial Zones
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View all 129 uses
View all 129 uses
Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
J. Matthew McGauley
License
TN 291079
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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