905 Clingan Ridge Dr NW - Medical FOR SALE


Cleveland, TN 37312
$3,890,000 USD
203-931-5388
905 Clingan Ridge Dr NW, Cleveland, TN for Sale
$3,890,000 USD
Medical - FOR SALE
1/7
null | 5.5% Cap Rate

905 Clingan Ridge Dr NW
Cleveland, TN 37312


OVERVIEW

A well-maintained medical office building in Cleveland, TN, fully leased to Dialysis Care Center, a fast-growing national tenant headquartered in Illinois with multiple locations across the U.S. This property features a newly executed 10-year NNN lease, providing secure income with steady annual rent increases. Cleveland’s rapidly growing population and robust economy enhance this asset's long-term value and potential. Ideal for investors seeking stability and growth, this prime property offers the unique benefit of a reputable tenant in the thriving healthcare sector. Don’t miss this exceptional investment opportunity in a high-demand market.

FOR SALE DETAILS

PRICE

$3,890,000 USD

PRICE/SF

$534 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dialysis Care Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

CH

APN/PARCEL ID

041L-E-001.02

ASK ABOUT THIS PROPERTY

Bill ChaineAtlantic USA LLCMore Info
203-931-5388

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Bill ChaineAtlantic USA LLCMore Info
203-931-5388

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