For Sale
$4,729,000

862 Callen LnCleveland, TN 37312

Added:
Dec 11, 2024
Days on market:
118

Highlights

  • New medical office building (MOB) with long-term, triple-net (NNN) leases featuring annual rent escalations.
  • Triple-net (NNN) leases secured by three established medical tenants with significant capital investment.
  • Excellent location: 0.2 miles from I-75 interchange, adjacent to Paul Huff Parkway, Cleveland's main commercial artery.
  • NNN lease structure: tenants pay all property taxes, common area maintenance (CAM), insurance, and management fees.
  • Turnkey investment: new construction with a transferable roof warranty, ensuring low maintenance and stable cash flow.
  • Built-in inflation protection: fixed annual rent increases.

Property Details for 862 Callen Ln

Property type
Specialty properties, Lifestyle centers
Square Feet
9,700 SF
Year Built
2023
Stories
1
Lot Size (sq. ft)
65,340 SF

Location Insight

City
Cleveland
County
Bradley
State
Tennessee
Latitude
35.2108272
Longitude
-84.85936278
862 Callen Ln, Cleveland, Tennessee
Leaflet | © OpenStreetMap contributors

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862 Callen Ln
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