111 8Th St Chattanooga, TN 37402

This exceptional investment opportunity presents a fully leased, 6,000 square foot office building located at 111 E 8th St in Chattanooga, Tennessee. The property, built in 1920, is a three-story Class B building situated on a 0.05-acre lot and zoned D-CX-8. Currently occupied by a single tenant under a modified gross lease with a corporate guarantee, offering significant financial stability. The lease, with a remaining term of nine years, expires November 30, 2033, providing long-term income security. The building's strong financial performance is reflected in its current Net Operating Income (NOI) of $94,200, resulting in a 6.28% cap rate based on the asking price of $1,500,000. This prime location in the heart of downtown Chattanooga offers high visibility and easy access to major highways and public transportation, benefiting from a thriving business community and proximity to numerous retailers. The property presents a compelling investment opportunity, ideal for both income generation and potential future redevelopment within a high-demand area of the rapidly growing Southeast. The building's history and location combine to create a unique opportunity in a dynamic market.