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Somer Station 110 Somerville Ave 22 Unité Immeuble d’appartements 18 731 135 $ CAD (851 415 $ CAD/Unité) Chattanooga, TN 37405
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FAITS SAILLANTS DE L'INVESTISSEMENT
- 5,000 SF Vacant Office | Excellent Opportunity for Owner/User or Tenant
- 22 Fully-Furnished Apartments at 100% Occupancy | Positioned for Rental Growth
- Office Component 84% Occupied by Two Long-Term NNN-Leased Tenants
- Located in Vibrant Northshore Neighborhood, Downtown Chattanooga’s Busiest Retail Hub
RÉSUMÉ DE L'ANNONCE
SVN | Second Story is pleased to present the opportunity to acquire 110 Somerville Avenue, a premier mixed-use asset in Chattanooga’s vibrant Northshore neighborhood. This newly built property offers high-quality office, and multifamily space supported by a diverse tenant mix and long-term lease structures, delivering exceptional investment stability in one of the Southeast’s fastest-growing markets.
Somer Station’s office component is 84% occupied by two long-term NNN tenants, with a 5,000 SF suite available. The Lofts at Somer Station include 22 fully furnished apartments and are 100% occupied, providing steady multifamily income within a highly walkable submarket.
The asset benefits from riverfront adjacency, on-site parking, and walkable access to the national retailers, local boutiques, restaurants, and galleries that define the Northshore lifestyle. Nearby amenities include Publix, Whole Foods, Chipotle, Orangetheory Fitness, Starbucks, Coolidge Park, and the Walnut Street Bridge.
110 SOMERVILLE AVENUE
Office | Somer Station
• Two long-term NNN-leased office tenants
• 5,000 SF Vacant Suite
• 84% Occupancy
Multifamily | Lofts at Somer Station
• 22 fully-furnished apartments
• 100% occupancy
Somer Station’s office component is 84% occupied by two long-term NNN tenants, with a 5,000 SF suite available. The Lofts at Somer Station include 22 fully furnished apartments and are 100% occupied, providing steady multifamily income within a highly walkable submarket.
The asset benefits from riverfront adjacency, on-site parking, and walkable access to the national retailers, local boutiques, restaurants, and galleries that define the Northshore lifestyle. Nearby amenities include Publix, Whole Foods, Chipotle, Orangetheory Fitness, Starbucks, Coolidge Park, and the Walnut Street Bridge.
110 SOMERVILLE AVENUE
Office | Somer Station
• Two long-term NNN-leased office tenants
• 5,000 SF Vacant Suite
• 84% Occupancy
Multifamily | Lofts at Somer Station
• 22 fully-furnished apartments
• 100% occupancy
FAITS SUR LA PROPRIÉTÉ
COMMODITÉS
COMMODITÉS DES UNITÉS
- Climatisation
- Chauffage
- Cuisine
- Four
- Bain/Douche
COMMODITÉS DU SITE
- Accès 24 heures
- Installations de lessive
- Salles de jeux
- Wi-Fi communautaire
- Lounge
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Walk Score®
Très pratique à pied (74)
Bike Score®
Très cyclable (72)
Impôts fonciers
| Numéro de lot | 135F-F-008 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 2 837 981 $ CAD |
Impôts fonciers
Numéro de lot
135F-F-008
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
2 837 981 $ CAD
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Somer Station | 110 Somerville Ave
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