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Mixed-Use Retail, Multifamily, Office 2 biens | À vendre | 16 248 708 € | Chattanooga, TN



Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Multi-Tenant Retail; 100% occupied by two long-term NNN-leased retail tenants
- Multifamily | Lofts at Somer Station; 95.5% occupancy
- Located in Chattanooga’s fast-growing Northshore district.
- Office; 84% occupied by two long-term NNN-leased office tenants
- Walkable to Coolidge Park, Whole Foods, and Walnut Street Bridge.
RÉSUMÉ ANALYTIQUE
Positioned in Chattanooga’s thriving Northshore district, this rare portfolio offering includes two newly constructed mixed-use assets totaling over 60,000 square feet. The properties—110 Somerville Avenue and 306 Cherokee Boulevard—combine stabilized retail, office, and multifamily components with long-term NNN leases and national credit tenants.
306 Cherokee Boulevard features 100% leased retail space anchored by JPMorgan Chase and AFC Urgent Care, both under corporate-backed leases with 10–15 year terms and structured escalations. 110 Somerville Avenue offers a dynamic mix of office and residential units. The office component includes tenants such as Society of Work and Empire Communities, with a vacant 5,000 SF suite offering upside potential. The multifamily portion, branded as Lofts at Somer Station, includes 22 fully furnished units designed for co-living and short-term stays, with 95.5% occupancy and rents ranging from $1,100 to $1,499.
Both assets benefit from riverfront adjacency, reciprocal parking easements, and walkable access to Coolidge Park, Whole Foods, Starbucks, and other lifestyle amenities. Chattanooga’s designation as “Gig City,” its 5.5% population growth, and over $4B in recent corporate investment further enhance the long-term value proposition. This portfolio offers investors a compelling blend of income stability, tenant diversity, and location-driven growth in one of the Southeast’s most dynamic urban markets.
For Sale Separately or Together
306 Cherokee Boulevard features 100% leased retail space anchored by JPMorgan Chase and AFC Urgent Care, both under corporate-backed leases with 10–15 year terms and structured escalations. 110 Somerville Avenue offers a dynamic mix of office and residential units. The office component includes tenants such as Society of Work and Empire Communities, with a vacant 5,000 SF suite offering upside potential. The multifamily portion, branded as Lofts at Somer Station, includes 22 fully furnished units designed for co-living and short-term stays, with 95.5% occupancy and rents ranging from $1,100 to $1,499.
Both assets benefit from riverfront adjacency, reciprocal parking easements, and walkable access to Coolidge Park, Whole Foods, Starbucks, and other lifestyle amenities. Chattanooga’s designation as “Gig City,” its 5.5% population growth, and over $4B in recent corporate investment further enhance the long-term value proposition. This portfolio offers investors a compelling blend of income stability, tenant diversity, and location-driven growth in one of the Southeast’s most dynamic urban markets.
For Sale Separately or Together
INFORMATIONS SUR L’IMMEUBLE
| Prix | 16 248 708 € | Nb de biens | 2 |
| Prix/m² | 2 911 € / m² | Individuellement en vente | 1 |
| Taux de capitalisation | 6,66 % | Surface totale de l’immeuble | 5 582 m² |
| Type de vente | Investissement triple net | Surface totale du terrain | 0,82 ha |
| Statut | Actif |
| Prix | 16 248 708 € |
| Prix/m² | 2 911 € / m² |
| Taux de capitalisation | 6,66 % |
| Type de vente | Investissement triple net |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 1 |
| Surface totale de l’immeuble | 5 582 m² |
| Surface totale du terrain | 0,82 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
|
Tomorrow Building at Somer Station
110 Somerville Ave, Chattanooga, TN 37405 |
Immeuble residentiel | 4 932 m² | 2023 | - |
| 306 Cherokee Blvd, Chattanooga, TN 37405 | Local commercial | 650 m² | 2025 | 4 298 600 € |
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Mixed-Use Retail, Multifamily, Office
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