One Park Place-6148 Lee Hwy, Chattanooga

One Park Place
6148 lee hwy, Chattanooga, TN 


Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 57,112 SF
Gross Land Area: 3.98 SF
Sale Price: $5,500,000
Unit Price: $96.30 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User, Business
Building Name: One Park Place
Class of Space: Class A
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: 8.0%

The Property is a secure access building with ample parking, EPB fiber optic, and a strongly controlled security system. Across from Sam’s & Executive Business Park. Located adjacent to Sports Barn East. Easy Access to 1-75 and Highway 153 and close to Hamilton Place Mall.
Building has long term tenants. The building is beautifully maintained and landscaped

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033148O C 00100P000
Zoning: C1
Property Located Between: Sports Barn and Lee Hwy
Property Visibility: Excellent
Highway Access: close to hwy 24
Airports: Chattanooga
Total Number of Buildings: 1
Number of Stories: 3
Roof Type: Gable
Construction/Siding: Wood Shingle
Parking Description: Plenty of Parking
Total Parking Spaces: 225
Passenger Elevators: 1
Sprinklers: Wet
Internet Access: T1/T3
Interior Description: 3RD FLOOR (19,000 )SF IS VACANT AS OF SEPTEMBER AND THE OWNER HAS AGREED TO PAY THE LEASE FOR A FULL YEAR $30,000 A MONTH ($360,000 )TO ALLOW THE NEW OWNER TO LEASE OUT THE 3RD FLOOR. THE OWNER WILL CONTINUE TO PAY UP TO $30,000 AND NO LOWER THEN $10,000 A MONTH EVEN AFTER THE SPACE HAS BEEN LEASED OUT. building with ample parking, EPB fiber optic, and a strongly controlled security system. Across from Sam' s & Executive Business Park. Located adjacent to Sports Barn East. Easy Access to 1-75 and Highway 153 and close to Hamilton Place Mall. The building is beautifully maintained and landscaped.
Zoning Description: C1
Water Service: Municipal
Sewer Type: Municipal

For more information about this property please contact:
Listing Agent - Wendy Elliott
Cell 386-481-8439
Office 423-825-0049
Wendy@GlascockCo.com
Listing Agent ~ Wendy Elliott
Cell 386-481-8439 ~ Office 423-825-0049 ~ Wendy@GlascockCo.com

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