For Sale
$582,595

1515 Gunbarrel Rd Chattanooga, TN 37421

Chattanooga Office Condo, 8.5% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Class A executive office condo, located at 1515 Gunbarrel Rd, Suite 125, Chattanooga, TN 37421, presents a compelling investment opportunity. The 2,209 square foot space boasts 100% occupancy and offers a strong 8.50% cap rate. Situated on a 3.517-acre lot, this single-story building is zoned R-4. The property features a brick exterior and is part of a larger package including two additional suites (not included in this listing). The net rentable area is 2,209 square feet, matching the total air rights. All showings are strictly by appointment only. The asking price is $582,595, with cash at closing terms. While the provided square footage and acreage are believed to be accurate, prospective buyers are strongly encouraged to conduct their own independent verification. This information is deemed reliable but is not guaranteed. Potential buyers should perform their own due diligence regarding the environmental and physical condition of the property, as well as the financial information. Tax Parcel # 158E-C-004-C204.

Highlights

  • Brick construction.
  • Cash purchase only.
  • 2,209 square feet available.

Property Details for 1515 Gunbarrel Rd

Property type
Office properties, Office space
Square Feet
2,209 SF
Class
A
Buildings
1
Stories
1
Lot Size (sq. ft)
153,201 SF

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.0181719
Longitude
-85.1635274

FAQs

What type of property is this?
Office property - Chattanooga Office Condo, 8.5% Cap Rate
Where is the office property located?
The property is located at 1515 Gunbarrel Rd Chattanooga, TN.
What is the asking price?
The asking price for this property is $582,595.
What are key features of this property?
This property features: Brick construction.; Cash purchase only.; 2,209 square feet available.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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1515 Gunbarrel Rd
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