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146 Smitherman Rd Ringgold, GA 30736

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For Sale
$1,242,000

Fully leased medical office in high-growth Chattanooga suburb.

Building Details

Year built
2006

Source: Michael Bull, CCIM Agent Michael Bull, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Medical Office and Surgery Center

This property offers the opportunity to acquire a fully leased single-tenant medical office and surgery center. The tenant, Summit Spine & Joint Center, has been operating in the building for years and has executed a new five-year triple net lease. Summit Spine & Joint Center operates 17 ambulatory surgery centers and 44 clinics. The brick facility features two procedure rooms, an effective medical floor plan, and a covered canopy for patient drop-off. The facility is suited for a multitude of medical uses. The property is located in Ringgold, a high-growth and affluent suburb of Chattanooga, Tennessee, within a few miles of medical facilities including CHI Memorial Hospital. The office vacancy in the Catoosa County market is 1.2%. A contiguous level 1.31-acre commercial site is also available.
Insight Report Location Intelligence

Current Use by Public Records

North Georgia Foot ... Podiatrist

Suggested Use

Realty agency Restaurant Law Firm Dental Office Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ringgold
County
Catoosa
State
Georgia
Longitude
-85.149048
Latitude
34.932732

FAQs

What type of property is this?
Medical office - Fully leased medical office in high-growth Chattanooga suburb.
Where is this medical office located?
The property is located at 146 Smitherman Rd Ringgold, GA.
What is the asking price?
The asking price for this property is $1,242,000.
What are key features of this property?
This property features: - Fully leased to Summit Spine & Joint Center, providing reliable income with a new five-year triple net lease.; - Priced well below replacement cost at $225 per square foot.; - Located in Ringgold, a high-growth and affluent suburb of Chattanooga, Tennessee, near other medical facilities.
More about this property
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