Property Listing No Longer Available for Sale

1405 Cowart St., Chattanooga, TN

Health Care for Sale - $6,499,000 - 23,974 Sq. Ft. on 0.83 acres


Property Info

CIMLS#929996
Location
  1405 Cowart St.
  Chattanooga TN 37408
UpdatedJanuary 3rd, 2018
TypeHealth Care
Price$6,499,000
Building23,974 Sq. Ft.
Land0.83 acres

Property Description

Beautiful medical office building located in the high-demand South Side district. With this highly sought after location, you can sit back in pride and effortlessly collect on your investment.

The site is accessed from Cowart Street and Broad Street. The parking is arranged in two landscaped courtyards, one to the south for retail and medical office visitors; the other in a motor court to the north for surgery patients and tenants. These courtyards are shaded by trees and surrounded by hedges that provide security and enclosure, creating a controlled, verdant environment. The landscape, combined with light colored paving materials, contributes to reducing the heat-island effect and provide a credit towards LEED certification. The building is oriented predominately to the south, maximizing the views of the mountains and ridges. Sun shades shield the glass from the south, east and west sunlight.

The building is clad in warm, natural materials with limestone at the base, black slate on the upper stories, copper fascias and sun screens, and dark bronze aluminum window frames with clear insulating glass. The ground floor is predominately retail with two entrance lobbies. The lobby facing south is the primary entry to the medical office. The lobby facing north to the motor court serves the surgical suite. The medical offices have the character of a spa or resort hotel. The ground floor lobby combines red slate floors with natural wall coverings and wood ceilings.

Southern Surgical Arts: The floors are carpet. The exam rooms have linoleum floors, acoustical ceilings, wall covering and lighting appropriate to the procedures performed. The surgical suite and lobby are similar to the clinical side but simpler. The surgical suites have the code required vinyl flooring with a continuous upturned base, proper lighting and wall finish. The relaxing theme is carried into the surgical suites to provide comfort throughout the patient


Financials

Sales Info:

>> Commision split: 3.0%