5715 Cornelison Rd
Chattanooga, Tennessee
Building
Stats
- Property Type Office - Medical
- Year built 1973
- Building size (SF) 10,026
- Size (Ac) 54,450
- Price $1,550,000
Overview
Oldest Ophthalmology practice in Chattanooga.
Highlights
30% below market rent - in place net rent at $11.50 psf vs $16.50 market net rents
5% vacancy rate, well below the national average of 17%
Recession proof medical tenant
Over 6 years WALT
Superior access and visibility from I-75
Chattanooga's medical office market has experienced 30% rent growth since Q1 2020
