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Friars Branch Crossing

2 Properties in Chattanooga, TN

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Investment Highlights

The asset is well-positioned minutes from downtown Chattanooga.
Proven economic saturation with property being 93% occupied.

Opportunity to purchase four properties as a portfolio sale.

Executive Summary

4-building flex portfolio for sale in one of Tennessee’s largest and most dynamic cities. The portfolio consists of 4 buildings totaling 99,878 total square feet across 8.8 acres. The offering presents investors with a prime opportunity to benefit from a 93% leased flex property in a high performing market. The asset offers significant frontage on Hwy 153 and provides superb access to Interstate 75. Chattanooga is among one of the top investment regions in Middle Tennessee with $14 billion in new business investment since 2008.

2204 - 2226 Encompass Drive (3)

Property Facts

Sale Conditions	Portfolio Sale	Individually For Sale	0
Sale Type	Investment	Total Building Size	101,131 SF
Status	Active	Total Land Area	9.27 AC
Number of Properties	2

Sale Conditions	Portfolio Sale
Sale Type	Investment
Status	Active
Number of Properties	2
Individually For Sale	0
Total Building Size	101,131 SF
Total Land Area	9.27 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
Friar's Branch Crossing 2212 Encompass Dr, Chattanooga, TN 37421	Office	44,411 SF	2003	-
Friar's Branch Crossing 2204-2206 Encompass Dr, Chattanooga, TN 37421	Light Industrial	56,720 SF	2003	-

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R. Stephen Prather
Tee Patterson
Charles Hawkins Co.

(615) 345-7254

Listing ID: 30885019
Date on Market: 06/02/2024
Last Updated:
Address: Friars Branch Crossing, Chattanooga, TN

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Friars Branch Crossing portfolio of 2 properties for sale on LoopNet.co.uk Building Photo- Image 1 of 7 — 2204-2226Encompass outline 1

Friars Branch Crossing portfolio of 2 properties for sale on LoopNet.co.uk Building Photo- Image 2 of 7 — 2204-2226Encompass outline 2

Friars Branch Crossing portfolio of 2 properties for sale on LoopNet.co.uk Building Photo- Image 3 of 7 — 2204-2226Encompass013024_045

Friars Branch Crossing portfolio of 2 properties for sale on LoopNet.co.uk Building Photo- Image 4 of 7 — 2204-2226Encompass outline

Friars Branch Crossing portfolio of 2 properties for sale on LoopNet.co.uk Building Photo- Image 5 of 7 — 2212 Encompass Dr

Friars Branch Crossing portfolio of 2 properties for sale on LoopNet.co.uk Building Photo- Image 6 of 7 — 6016-6024 Shallowford Rd

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