For Sale
$1,800,000

700 Market StChattanooga, TN 37402

High-yield, 100% occupied office investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fully leased, 6,000 square foot, two-story office building situated on a prominent corner lot at 700 Market Street in Chattanooga, Tennessee. The property boasts a prime location in the heart of the Central Business District, offering high visibility and significant foot traffic. Currently housing multiple tenants under a triple-net lease structure, this stabilized investment provides immediate and reliable rental income. Built in 1949, the Class B building is well-maintained and zoned D-CX-12, allowing for potential future development up to 12 stories. The 0.07-acre lot provides ample space, and the property's strategic location offers easy access to major financial institutions, government offices, and numerous cultural attractions, including the Tennessee Aquarium, Tivoli Theater, and The Waymark Hotel. This asset represents a compelling opportunity for investors seeking a stable, high-return investment in a thriving downtown area. The property's strong tenancy and prime location make it an ideal investment for both short-term income generation and long-term growth potential. Nearby parking is readily available.

Highlights

  • Fully leased, 6,000 SF, two-story office building in Chattanooga's Central Business District.
  • Prime corner location at 700 Market Street with high visibility and foot traffic.
  • Triple-net lease structure provides immediate, reliable income from multiple tenants.
  • Well-maintained Class B building (1949 construction) on a 0.07-acre lot, zoned D-CX-12 for potential future development up to 12 stories.
  • Convenient access to major financial institutions, government offices, and attractions including the Tennessee Aquarium and Tivoli Theater; ample nearby parking.

Property Details for 700 Market St

Property type
Office properties, Medical offices
Square Feet
6,000 SF
Class
B
Buildings
1
Stories
2
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.048364267864
Longitude
-85.309495118644
700 Market St, Chattanooga, Tennessee

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700 Market St
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