4616 Battlefield Pky - Health Care FOR SALE
Ringgold, GA 30736 |
$5,292,000 USD
561-427-6699
4616 Battlefield Pky
Ringgold, GA 30736
HIGHLIGHTS
- New construction med-tail asset with long-term NNN leases and 2% annual rent increases
- Rent is secured by two experienced and successful medical groups that have made large investments and long-term commitments to this site
- Chattanooga is Tennessee's fastest-growing city and is the main employment center for surrounding markets like Ringgold and Fort Oglethorpe
- Tenants reimburse for Taxes, CAM, Insurance and Management fees
- Brand new building with transferable roof warranty provides ease of ownership and stable cash-flow
- Fee simple ownership allows for depreciation of the building boosting after tax returns
OVERVIEW
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Battlefield Parkway Professional Center, a newly constructed multi-tenant medical office center that is 100% occupied. The property is strategically located along Battlefield Parkway, Ringgond's primary commercial thoroughfare and benefits from excellent access and visibility. Ringgold and Fort Oglethorpe located only 7 miles outside of Chattanooga, TN and are part of the Chattanooga MSA.
FOR SALE DETAILS
PRICE
$5,292,000 USD
PRICE/SF
$529 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
New Medical Office | NNN Leases | 2% Bumps
PROPERTY TYPE
Health Care
ADD'L SUBTYPES
Hospital
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
A
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.12 AC
LAND SF
48,787 SF
ZONING
B-HCS
APN/PARCEL ID
0022C-062
ASK ABOUT THIS PROPERTY
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561-427-6699
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561-427-6699
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