For Sale
$3,250,000

5811 Lee HwyChattanooga, TN 37421

High-performing, 19,000 SF office complex

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional investment opportunity presents a 19,000 square foot, Class B office building located at 5811 Lee Hwy in Chattanooga, Tennessee. The property, known as Central Office Park, is a single-story structure built in 1961, featuring 17 units and boasting 100% occupancy. Currently operating under a modified lease structure with multi-tenancy, this Core+ investment offers immediate income generation. The building is zoned C-2, allowing for versatile commercial use. Situated in Hamilton County, zip code 37421, the property benefits from its prime location in the vibrant Chattanooga area, providing convenient access to major transportation routes. Ample parking is available for tenants and visitors. The interior spaces are spacious and well-maintained, making this a highly attractive investment for those seeking stable returns and potential for future capital appreciation. The property's strong performance and versatile zoning make it an ideal acquisition for office building investors seeking a well-established asset in a thriving market. The asking price is $3,250,000.

Highlights

  • 19,000 SF Class B office building with 17 units, 100% occupancy.
  • C-2 zoning allows versatile commercial use.
  • Prime Chattanooga location with convenient access to major transportation routes.
  • Ideal for office building investors seeking stable returns.
  • Spacious, well-maintained interior with ample parking.
  • $3,250,000 asking price.

Property Details for 5811 Lee Hwy

Property type
Office properties, Office space
Square Feet
19,000 SF
Class
B
Year Built
1961
Buildings
1
Stories
1
Units
17

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.0169948
Longitude
-85.2060889
5811 Lee Hwy, Chattanooga, Tennessee

FAQs

What type of property is this?
Office property - High-performing, 19,000 SF office complex
Where is the office property located?
The property is located at 5811 Lee Hwy Chattanooga, TN.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 19,000 SF Class B office building with 17 units, 100% occupancy.; C-2 zoning allows versatile commercial use.; Prime Chattanooga location with convenient access to major transportation routes.
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.
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5811 Lee Hwy
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