Medical Office Building For
For Sale
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905 Clingan Ridge Dr NW, Cleveland, TN 37312
Fully leased medical office building with long-term NNN lease.
Property Size7,284 SF
Price / SF$469.93
Days on Market664
Property Features for 905 Clingan Ridge Dr NW
General Information
Standard status
Active
Size
7,284 SF
Property subtype
Office
Zoning
CH1.59
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$213,950
Building Details
Year Built
1997
Tenancy
Single
Listing Agency:
Atlantic USA LLC
Listed By:
William Chaine · License #CT REB.0792454
Source:
Crexi
Added: Nov 17, 2024
Changed: Aug 22
Last Checked: Sep 12 at 7:28AM
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 Atlantic USA LLC
Investment Insights
Based on property information with market context.
This is a well-maintained medical office building located in Cleveland, TN. The property is fully leased to Dialysis Care Center, a national tenant headquartered in Illinois with multiple locations across the U.S. The property features a newly executed 10-year NNN lease, providing secure income with steady annual rent increases. The property is situated in Cleveland, a city with a rapidly growing population and a robust economy. The property contains 7,284 square feet. This property is suitable for investors seeking stability and growth, offering the benefit of a reputable tenant in the healthcare sector.
Key Highlights
- Newly executed 10‑year NNN lease provides secure income with steady annual rent increases.
- Fully leased to Dialysis Care Center, a fast‑growing national tenant.
- Located in Cleveland, TN, a rapidly growing population and robust economy.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
961
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37312, TN
36,291
Population
15,023
Households
2.4
Avg Household Size
42
Median Age
36%
College-Educated
93%
High-School Grad
64.4 sq mi
ZIP Area
564
Density / Sq Mi
$75,369
Median Household Income
$41,148
Median Earnings
$1,080
Median Rent
$270,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased medical office building with long-term NNN lease.
Where is this medical office space located?
The property is located at 905 Clingan Ridge Dr NW Cleveland, TN.
What is the asking price?
The asking price for this property is $3,423,000.
What are key features of this property?
This property features: Newly executed 10‑year NNN lease provides secure income with steady annual rent increases.; Fully leased to Dialysis Care Center, a fast‑growing national tenant.; Located in Cleveland, TN, a rapidly growing population and robust economy.
