3702 Dayton Boulevard Chattanooga, TN 37415

Building Details

Year Built

1969

Listing office KW Commercial | Chattanooga - Downtown - Chattanooga TN 37421 j***@kw.com Show Phone

Listing date Jul 26, 2024

Source Realnex

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

All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Chattanooga - Downtown - Chattanooga TN 37421

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Investment Insights

Based on property information with market context.

This recently renovated two-unit building is available for sale. The property is fully leased. Anchor tenant is Edward Jones, and the second tenant is a bridal shop who recently signed a second two-year lease. The property features ample parking for both tenants and offers great visibility. It is located minutes from downtown Chattanooga. Long-term tenants are in place with renewal options, and there is no deferred maintenance required for new owners. The building is a stand-alone structure with a dedicated parking lot and high traffic counts. The current operating income is $32,520 annually. Edward Jones is currently in a five-year lease with annual rent increases and a five-year option to renew. There is an additional approximately 1000 square feet of warehouse space that could be leased; the current owner has not advertised this space.

Key Highlights

• Fully leased 2‑unit building providing immediate income.
• Anchor tenant is Edward Jones with a long‑term lease and renewal option.
• Recently renovated, indicating minimal deferred maintenance.

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FAQs

What type of property is this?

Office building - Fully leased, renovated retail/office building with long-term tenants.

Where is this office building located?

The property is located at 3702 Dayton Boulevard Chattanooga, TN.

What is the asking price?

The asking price for this property is $560,000.

What are key features of this property?

This property features: Fully leased 2‑unit building providing immediate income.; Anchor tenant is Edward Jones with a long‑term lease and renewal option.; Recently renovated, indicating minimal deferred maintenance.