9325 Dayton Pike Soddy Daisy, TN 37379-4824

Property Details for 9325 Dayton Pike

Year built

2017

Lot size

1.00 lot acres

Property size

3,772 SF

Zone code

C2

Property type

Medical offices

Property subtype

Medical centers

APN

066H C 007

APU

066HC007

Description

This exceptional investment opportunity presents a 3,600 square foot medical office building in Soddy-Daisy, Tennessee, currently leased to Fast Pace Urgent Care. The property boasts a strong 7.15% cap rate and a substantial remaining lease term of approximately 4.9 years, extending to October 5, 2029, with two six-year renewal options. The lease is a Net Lease (NN+) structure with a corporate guarantee from a financially stable tenant, minimizing landlord responsibilities. Annual rent increases of 1.25% ensure consistent income growth. Located on a 0.63-acre lot at 9325 Dayton Pike, the building was constructed in 2017 and enjoys 100% occupancy. The property benefits from a prime location near major retailers including Walmart, Walgreens, and CVS, and is strategically positioned near CHI Memorial Hospital and Erlanger North Hospital, creating strong medical synergy. The area's demographics are favorable, with a high average household income and a large population within a five-mile radius. The tenant, Fast Pace Urgent Care, is a rapidly expanding national healthcare provider, further enhancing the investment's stability and long-term potential. The building's NOI is $104,067. This is a fee-simple ownership opportunity with minimal landlord obligations, including roof and structure maintenance covered by a long-term warranty. The asking price is $1,455,468.

Location Insight

City

Soddy Daisy

County

Hamilton

State

Tennessee

Longitude

-85.2029

Latitude

35.235

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments