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22283544
22283545

7003 Shallowford Road, Chattanooga, TN, 37421, Chattanooga, TN 37421

WR
TN 18645, GA 142533
The Raines Group, Inc.
Listed by The Raines Group, Inc.
$1,900,000
443 days on market
Updated 18 days ago

7003 Shallowford Road

Details
Property Type Office
Sub Type Medical Office, Dental Office
Square Footage 12,420
Units 5
Occupancy 75%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Pro-Forma Cap Rate 7.02%
Pro-Forma NOI $133,411
Price per SqFt $153
Broker Co-Op Yes
Class B
Buildings 1
Stories 2
Acreage 0.390
Zoning CS
Parking Spaces 30 spaces
Parking Per SqFt 2.42
Investment Type Net Lease

Office | 12,420 SqFt

Marketing description

This Professional Office Complex has 12,420 sq. ft. and is located in a highly visible corner location on Shallowford Road and Center Street, between I-75 and Lee Highway of the East Brainerd business corridor, near Hamilton Place Mall. The professional office building is occupied mainly by medical, dental and chiropractic tenants. There is one 3,069 sq. ft. vacancy that was formerly an Orthodontist Surgeon space that has equipment available and is ready for occupancy.

Listing Contacts

WR
TN 18645, GA 142533
The Raines Group, Inc.
Listed by The Raines Group, Inc.

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Additional Information

Name
William Raines Jr.
License
18645
Brokerage
Raines Group, Inc
Brokerage Phone
423-875-3600
Title
President
Brokerage Address
1200 Mountain Creek Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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