Sitting at a strategically key Chattanooga intersection, a newly constructed office building is on the market.
Lee Pointe, located at the corner of Lee Highway and Highway 153, is offered for $12.99 million.
ABOUT THE SITE
› Location: 6397 Lee Highway› Sale price: $12.99 million› Building size: 57,614 square feet› Real estate taxes annually: $178,137› For more information: Russell Elliott of Pointe Commercial Real Estate LLC
The three-story, 57,614-square-foot structure has a strong tenant lineup with Miller Motte Technical College and Benchmark Rehabilitation Partners' corporate offices, according to commercial real estate broker Russell Elliott of Pointe Commercial Real Estate LLC.
Each has more than seven years remaining on their lease terms, the broker said. Floor plates of less than 20,000 square feet make it ideal for releasing, according to the broker. The building is currently 96.6 percent occupied with one available suite on the third floor.
Miller-Motte College has 17 locations in Tennessee, Georgia, North Carolina, South Carolina and Virginia.
Benchmark Rehabilitation Partners was established in 1995 and operate 300 clinics in 15 states throughout the Southeast, Northwest and Midwest.