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Leased Medical Office Condo
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1724 Hamill Rd, Hixson, TN 37343

Fully occupied space houses medical and dental practices with staggered long-term lease commitments.

Property Size30,000 SF
Days on Market141

Property Features for 1724 Hamill Rd

General Information

Standard status Active
Size 30,000 SF
Property subtype Office
Occupancy 100%
Net Operating Income $325,000

Additional Details

Cap Rate 6%

Building Details

Buildings 1
Building Size 30,000 SF
Tenancy Multi
Listing Agency: SVN Second Story Real Estate Management
Listed By: J. Matthew McGauley · License #TN 291079
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:27PM

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 SVN Second Story Real Estate Management

Investment Insights

Based on property information with market context.

This offering comprises 17,500 square feet of medical office condominium space within a 30,000-square-foot building. The space is fully leased to Erlanger Primary Care, HCA Parkridge Bone & Joint, Standifer Orthodontics, and Belva Family Dentistry. Existing occupancy includes primary care, orthopedic, orthodontic, and family dentistry users.

Lease terms range from more than five years to more than twelve years remaining on their respective base terms. The Erlanger and Belva leases include scheduled escalations during the base term. The property is located at 1724 Hamill Rd in Hixson, Tennessee. The remaining 12,500 square feet is separately owned and occupied by Associates in Ear, Nose & Throat and is not included in the offering. Tenant access is coordinated through the listing agent for qualified buyers.

Key Highlights

  • 17,500 square feet of fully leased medical office space
  • Located within a 30,000‑square‑foot building
  • Occupants include Erlanger Primary Care, HCA Parkridge Bone & Joint, Standifer Orthodontics, and Belva Family Dentistry

Property Analytics

Current Use

Katelin Pannell MD Pediatrician Kim Morgan, MS Physician Kelsey Alpeter Physician Elysia Parham Belva Dental Office Justin Morse Physician

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Electrical Service HVAC Service Garden Center Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby
Under-served
Demand for This Use

Demographics for 37343, TN

43,626
Population
19,031
Households
2.3
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
42.1 sq mi
ZIP Area
1,036
Density / Sq Mi
$79,177
Median Household Income
$45,151
Median Earnings
$1,258
Median Rent
$275,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Northgate Animal Hospital 1600 Hamill Rd, Hixson, TN 37343

Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully occupied space houses medical and dental practices with staggered long-term lease commitments.
Where is this medical office space located?
The property is located at 1724 Hamill Rd Hixson, TN.
What are key features of this property?
This property features: 17,500 square feet of fully leased medical office space; Located within a 30,000‑square‑foot building; Occupants include Erlanger Primary Care, HCA Parkridge Bone & Joint, Standifer Orthodontics, and Belva Family Dentistry
(423) 400-0723 Call to check price and availability
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