deal image
5751 Uptain Rd, Chattanooga, TN 5726 Marlin Rd, Chattanooga, TN
Uptain & Franklin Office Buildings
Asset ClassOffice
overview of deal

Overview

NAI Global and NAI Charter, (collectively “NAI”) as exclusive advisors to the Owner, are pleased to offer the opportunity to purchase Uptain and Franklin Office Buildings (the “Properties,” or “Buildings”), two iconic multistory office buildings located within the 112-acre Midtown Office Park. These properties benefit from excellent visibility and accessibility, located off Brainerd Road, providing quick connections to I-75 and the broader Chattanooga metro area. The surrounding neighborhood is a mix of professional offices, retail, and residential, making the buildings ideal for businesses seeking a central location with ample amenities and easy commutes for employees.

 

The Uptain Building is a 74,387 square foot, 5-Story, Class B, office building and The Franklin Building is a 57,456 square foot, 5-Story, Class B office building. Both Assets have ample surface parking and a variety of long-term professional and governmental tenants. Collectively, these buildings provide a functional and efficient layout that supports a variety of commercial uses, providing flexibility for current and future tenancy. Collectively, the gross leasable area of 131,843, has a weighted rent of $15.31 and 80.2% occupancy. These Buildings offer potential buyers the opportunity to acquire unique, institutional quality

assets that have historically strong occupancy with value-add opportunities in a growing sub-market within Chattanooga, TN.

Access the Data Room

Investment Highlights

# Buildings
2
  • Strategically Located
  • Diversified and Credit-Oriented Tenant Base
  • Flexible Multi-Tenant Office in Proven Submarket
  • Value-Oriented Class B Positioning
  • Long-Term Repositioning & Capital Improvement Opportunity
  • Mixed-Use & Live-Work-Play Momentum

Table Information

Uptain Building
Franklin Building
Year Built
1975
1973
Acres
3.06
2.51
GLA
74,387
57,456
% Occupied
78%
88%
Surface Parking Spaces
225
65
deal gallery image
deal gallery image
deal gallery image
5751 Uptain RdChattanooga, TN 37411

For Inquiries, Contact: Frazier DeVaney, SIOR

Inquire

Listing provided by LightBox Revere