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6166 Shallowford Rd - Ken Defoor's Shallowford Commons 2,718 SF Office Condo Unit Offered at $659,000 in Chattanooga, TN 37421
Executive Summary
2,718 SF +/- office condo in Chattanooga offers a passive income stream with a reliable, established tenant. Located in a high-demand business corridor, the property features a brand-new, three-year triple net (NNN) lease extension, ensuring zero landlord management responsibilities through August 2029. ***Listing information is provided by Owner and public sources and is deemed reliable but not guaranteed. The listing agent has not measured the property or building and does not guarantee the accuracy of the acreage or square footage. All Showings are strictly by appointment only. Contact the Listing Agent to schedule a Property Tour.***
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 138O-B-002.23C106 |
| Cap Rate | 7.00% |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| APN/Parcel ID | 138O-B-002.23C106 |
3 Private Offices
4 Conference Rooms (Large Offices)
1 Work Room/ Copy
Kitchen Area
2 Restrooms
Lobby w/ Reception Desk
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 106 | 2,718 SF | Office | $659,000 ($242.46/SF) | $46,130 |
Unit 106
| Unit Size |
| 2,718 SF |
| Condo Use |
| Office |
| Price |
| $659,000 ($242.46/SF) |
| NOI |
| $46,130 |
Unit 106
| Unit Size | 2,718 SF |
| Condo Use | Office |
| Price | $659,000 ($242.46/SF) |
| NOI | $46,130 |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| APN/Parcel ID | 138O-B-002.23C106 |
| Description | |
| Office Condo currently set up for a title company layout.<br> 3 Private Offices<br> 4 Conference Rooms (Large Offices)<br> 1 Work Room/ Copy<br> Kitchen Area <br> 2 Restrooms<br> Lobby w/ Reception Desk</li></ul> |
Property Facts
| Total Building Size | 5,958 SF | Typical Floor Size | 5,958 SF |
| Property Type | Office (Condo) | Year Built | 1999 |
| Property Subtype | Medical | Lot Size | 0.50 AC |
| Building Class | B | Parking Ratio | 5.56/1,000 SF |
| Floors | 1 | ||
| Zoning | C-C | ||
| Total Building Size | 5,958 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 5,958 SF |
| Year Built | 1999 |
| Lot Size | 0.50 AC |
| Parking Ratio | 5.56/1,000 SF |
| Zoning | C-C |
Contact the Sale Advisor
6166 Shallowford Rd - Ken Defoor's Shallowford Commons