For Sale
$2,100,000

6441 Bonny Oaks Dr Chattanooga, TN 37416

High-performing, two-building office complex

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents two high-performing office buildings totaling 9,684 square feet situated on a 2-acre lot in Chattanooga, Tennessee. Built in 2007, the property boasts a 6.68% cap rate and a net operating income (NOI) of $140,214, with an asking price of $2,100,000 ($216.85/sq ft). The complex comprises two two-story buildings, zoned O1, and features seven suites, ample parking (45 spaces), and two outdoor break areas. Its prime location near Volkswagen, Enterprise South, I-75, and Highway 153 provides unparalleled access to major transportation routes and key industry players. Current tenants include several Volkswagen suppliers, a home health services provider, an office automation company, and a staffing agency. A recently vacated, remodeled 2,400 square-foot suite (Suite H) presents an excellent owner-occupancy opportunity, featuring five offices, a conference room, reception area, large break room, two restrooms, and a substantial training space. This property offers a solid investment with strong potential for future growth and income. The property address is 6441 Bonny Oaks Dr, Chattanooga, TN 37416.

Highlights

  • Exceptional investment opportunity: Two 2-story office buildings totaling 9,684 sq ft on a 2-acre lot in Chattanooga, TN.
  • 6.68% cap rate, $140,214 NOI, $2,100,000 asking price ($216.85/sq ft).
  • Seven suites, 45 parking spaces, two outdoor break areas, O1 zoning.
  • Prime location near Volkswagen, Enterprise South, I-75, and Highway 153.
  • Strong tenant base including Volkswagen suppliers. A remodeled 2,400 sq ft vacant suite available for owner-occupancy.

Property Details for 6441 Bonny Oaks Dr

Property type
Office properties
Square Feet
9,684 SF
Year Built
2007
Buildings
2
Stories
2
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.074940394827
Longitude
-85.166396980793

FAQs

What type of property is this?
Office property - High-performing, two-building office complex
Where is the office property located?
The property is located at 6441 Bonny Oaks Dr Chattanooga, TN.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Exceptional investment opportunity: Two 2-story office buildings totaling 9,684 sq ft on a 2-acre lot in Chattanooga, TN.; 6.68% cap rate, $140,214 NOI, $2,100,000 asking price ($216.85/sq ft).; Seven suites, 45 parking spaces, two outdoor break areas, O1 zoning.
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6441 Bonny Oaks Dr
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