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2707 Citico Ave 10,530 SF 100% Leased Office Building Chattanooga, TN 37406 $2,770,000 ($263.06/SF)
Investment Highlights
- Conveniently located near Memorial Hospital and Parkridge Hospital
Executive Summary
This office building is centrally located and is ready for it’s new owner.? The building has only had one owner since it was built in 2005 and is in great shape.? The upstairs is a total of 5790 sf and the downstairs is 4740 sf for a total of 10,530 sf.?
Upstairs includes a spacious waiting room, 7 exam rooms, 2 offices, 1 conference room, break room, rooms for supplies and charts as well as a nurses station, a cast and xray room and restrooms.?
Downstairs includes restrooms, a reception area and an open space that is currently home to Benchmark Therapy (lease through June 2024) that has been there since 2015.? Current owner occupies a portion of the top floor in addition to another practice that has a short term lease.? Please speak with broker for specific details.?
Upstairs includes a spacious waiting room, 7 exam rooms, 2 offices, 1 conference room, break room, rooms for supplies and charts as well as a nurses station, a cast and xray room and restrooms.?
Downstairs includes restrooms, a reception area and an open space that is currently home to Benchmark Therapy (lease through June 2024) that has been there since 2015.? Current owner occupies a portion of the top floor in addition to another practice that has a short term lease.? Please speak with broker for specific details.?
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,530 SF
Building Class
B
Year Built
2005
Price
$2,770,000
Price Per SF
$263.06
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,790 SF
Building FAR
0.30
Lot Size
0.80 AC
Zoning
GC
Parking
51 Spaces (4.84 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 146E-J-016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $852,160 |
Property Taxes
Parcel Number
146E-J-016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$852,160
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Contact the Sale Advisor
2707 Citico Ave