8116 Standifer Gap RdChattanooga, TN 37421
Net-leased medical office, strong tenant.
Overview
- Added:
- Jan 24
- Days on market:
- 70
Highlights
- $757,714 asking price for a 2,000 SF medical office building in Chattanooga, TN.
- Net lease, NNN, with a credit-rated tenant.
- 12.3 years remaining on a 15-year lease, commencing May 24, 2022, with 3% annual rent bumps and two 5-year options.
- 7% cap rate, $53,040 NOI, $378.86/SF price.
- 100% occupancy; building renovated in 2020.
- Located on Standifer Gap Rd, offering easy access to I-75.
Property Details for 8116 Standifer Gap Rd
- Property type
- Retail properties, Office properties
- Square Feet
- 2,000 SF
- Year Built/Renovated
- 1981/2020
Location Insight
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Latitude
- 35.042323747352
- Longitude
- -85.114019752681
Nearby Similar for Sale
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