1309 Panorama Dr Chattanooga, TN 37421

This exceptional Class A shopping center, the Pavilion at Panorama, presents a compelling investment opportunity in Chattanooga, Tennessee. Located at 1309 Panorama Dr, in the desirable East Brainerd area, this single-story, 21,671 square foot building sits on a 3.03-acre lot and boasts 100% occupancy across its ten tenant spaces. Built in 2012, the property features a diverse mix of medical, retail, and financial tenants, all under modified leases with rent bumps included. The property enjoys a prime location just off I-75, benefiting from high traffic counts. With 110 parking spaces and handicap accessibility, the Pavilion at Panorama offers convenience and accessibility for both tenants and customers. The property's strong financial performance is highlighted by a 7.14% cap rate and a net operating income (NOI) of $470,850, making it an attractive investment with a solid return. The asking price is $6,599,000, translating to $304.51 per square foot. The property is zoned C-2 and features high-efficiency components. This turn-key investment is ready for a new owner. The Hamilton County location and strong tenant base ensure a stable and profitable investment for years to come.