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White Oak Crossing 5945 Elementary Way 2,255 SF of Office/Medical Space Available in Ooltewah, TN 37363
HIGHLIGHTS
- White Oak Crossing offers an exciting new medical office and retail development
- Approximately a half mile from I-75
- Adjacent to Aldi, Walmart, Erlanger Express Care, Jersey Mikes, Smoothie King, and other
- New home construction and new retail development have made this a hot market
- Site is directly across from new class A apartments and medical office
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,255 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $54,120 /YR $4,510 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 6 - 19 People
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT WHITE OAK CROSSING
- Aldi
PROPERTY FACTS
| Total Space Available | 2,255 SF | Gross Leasable Area | 13,460 SF |
| Property Type | Retail | Total Land Area | 1.26 AC |
| Property Subtype | Storefront Retail/Office | Year Built | 2023 |
| Total Space Available | 2,255 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 13,460 SF |
| Total Land Area | 1.26 AC |
| Year Built | 2023 |
ABOUT THE PROPERTY
Introducing White Oak Crossing, a prime office location now available for sale or lease at 5937 Elementary Way, Collegedale, TN 37363. This dynamic 1.35-acre property boasts a build-to-suit option, ground lease opportunity, and is pad ready for your business to thrive. Strategically situated in a bustling area, White Oak Crossing is part of an exciting new medical office and retail development. Enjoy excellent visibility on Lee Highway with prominent neighbors such as Aldi, Walmart, Erlanger Express Care, Jersey Mikes, and Smoothie King. The location is further enhanced by its proximity to I-75, making it a convenient hub for both customers and employees. Across the street, upscale apartments and medical offices bring even more traffic to the area. Don't miss out on this rare opportunity to secure a coveted spot in one of Collegedale's hottest markets. Elevate your business presence with White Oak Crossing - where location, visibility, and potential converge for your success.
NEARBY MAJOR RETAILERS
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White Oak Crossing | 5945 Elementary Way
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