111 E 8th St - Office FOR SALE


Chattanooga, TN 37402
$1,500,000 USD
865-804-8351
111 E 8th St, Chattanooga, TN for Sale
$1,500,000 USD
Office - FOR SALE
1/14
null | 6.28% Cap Rate

111 E 8th St
Chattanooga, TN 37402


OVERVIEW

SVN Second Story is pleased to exclusively offer the sale of a fully leased single tenant office building located at 111 E 8th St in Chattanooga, TN. The property has 9 years remaining on the lease in place with AAT Carriers, a subsidiary of Covenant Logistics Group (NYSE: CVLG) with a strong credit tenant in the heart of downtown. This premium investment opportunity features a 6,000 square foot office building with a high credit tenant making it an ideal investment for a future redevelopment in a high demand downtown community in the growing Southeast. The area boasts a thriving business community along with local and national retailers. With easy access to major highways and public transportation, the location provides high visibility and convenience for daily commutes.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

6.28%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,200 SF

ZONING

C3

APN/PARCEL ID

145D-L-015

ASK ABOUT THIS PROPERTY

Chandler HaleSVN | Second Story Real Estate ManagementMore Info
865-804-8351

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Chandler HaleSVN | Second Story Real Estate ManagementMore Info
865-804-8351

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