3908 Tennessee Ave Chattanooga, TN 37409
This exceptional, single-story, 7,492 square foot multi-tenant office building is located in the vibrant St. Elmo district of Chattanooga, Tennessee, at 3908 Tennessee Ave, zip code 37409. Completely renovated in 2023, the property boasts four suites, with a minimum divisible space of 3,224 square feet and a maximum contiguous space of 3,224 square feet. Currently, there is no vacant space. The building offers convenient on-site surface parking, a significant advantage in this desirable location. Its strategic position directly across from the Food City shopping center and just three blocks from the new Publix grocery store ensures high visibility and accessibility. Furthermore, its proximity to numerous restaurants, retailers, offices, and the popular Incline Railway, which draws hundreds of thousands of visitors annually, provides exceptional foot traffic and exposure. Property taxes are $1.31 per square foot. This is a rare opportunity to acquire a fully occupied, modern office building in a thriving Chattanooga neighborhood. The building's prime location and recent renovation make it an ideal investment for discerning buyers seeking a stable and high-demand commercial property.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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