6166 Shallowford Rd, Chattanooga, TN 37421

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Building Details:

• Year Built: 2004

6166 Shallowford Rd is located in Chattanooga, TN.

This 4,500 SF office building is 100% leased and will make an excellent investment. It is located in developer Ken Defoor's Shallowford Commons office park. Please see the attachment for details. Shallwoford Commons is one of the nicest office parks in town. The property appreciation for this location has been excellent and will continue to be because of the location, quality construction, amenities, quality tenants and owners. The majority of the office condos are owner occupied. There is an active Owners Association.

This 4,500 SF building has two suites of 1,810 SF and 2,690 SF. CareFocus, Inc. has the smaller suite. CareFocus, Inc., Columbia, MD is 40 months into a triple net (NNN) lease with a base rental rate of $14.19/SF and $3.44/SF in additional Common Area Maintenance (CAM) fees.

The larger suite of 2,690 SF has an Ameriprise Financial office location. The Sellers work as Ameriprise Financial agents within the office. Each agent within the office is an independent agent and has a lease for his work space. The Sellers will execute a lease for their work space upon the sale. The Sellers will also consider relocating if the buyer wanted to occupy their space.