110 Somerville Ave - Office/Residential FOR SALE


Chattanooga, TN 37405- North Chattanooga-Hill City-UTC
$14,000,000 USD
615-714-6378
110 Somerville Ave, Chattanooga, TN for Sale
$14,000,000 USD
Office/Residential - FOR SALE
1/26
null | 7.1% Cap Rate

110 Somerville Ave
Chattanooga, TN 37405
North Chattanooga-Hill City-UTC


OVERVIEW

An award-winning, top-producing brokerage firm located in Chattanooga, Tennessee, with a proven history of closing sales across the Southeast, SVN|Second Story is pleased to exclusively offer the sale of this asset with Society of Work, Tomorrow Building, and Empire Homes. The Premises is NNN leased to these tenants on long term leases. The asset is well-positioned in the vibrant Northshore neighborhood in downtown Chattanooga, TN.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$576 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

M1

APN/PARCEL ID

135F-F-008

ASK ABOUT THIS PROPERTY

Kelly FitzgeraldSVN | Second Story Real Estate ManagementMore Info
615-714-6378

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Kelly FitzgeraldSVN | Second Story Real Estate ManagementMore Info
615-714-6378

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.