4616 Battlefield Pkwy Ringgold, GA 30736
This exceptional investment opportunity presents a newly constructed (2023), 10,000 square foot, single-story medical office building situated on a 1.12-acre lot at 4616 Battlefield Pkwy, Ringgold, GA 30736. The property boasts 100% occupancy with two long-term tenants under NNN leases, providing a stable and predictable income stream. The current lease term extends until May 30, 2034, with a remaining term of 9.5 years and includes two 5-year lease options. Annual rent increases of 2% are built into the leases, offering protection against inflation. The property generates a substantial net operating income (NOI) of $330,735, resulting in a compelling 6.25% cap rate. Tenants are responsible for taxes, common area maintenance (CAM), insurance, and management fees. The fee-simple ownership structure allows for depreciation benefits, enhancing after-tax returns. This prime location along Ringgold's main commercial corridor, just seven miles from Chattanooga, TN, ensures excellent visibility and accessibility. The building comes with a transferable roof warranty, minimizing future maintenance concerns. This is a turnkey investment with strong fundamentals and significant upside potential in a rapidly growing market. The property is part of the Chattanooga MSA, benefiting from the area's robust economic growth.
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Phoenix Cardiovascular Institute Physician
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.