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Office Building in Hamilton Medical Campus

$1,190,000

1401 Applewood Drive, Dalton, GA 30720

Active
Last Updated: 05/16/2025

7.71

Cap Rate

7,332 sqft

Building Size

Details:
Cap Rate:    7.71%
Building Size:    7,332 sqft
Lot Area:    0.6 acres
Occupancy:    75%
Units:    6
Floors:    1
Description:

1401 Applewood offers a rare opportunity to own a 6-suite medical office building in a growing Chattanooga healthcare corridor. With updated mechanicals, stable long-term tenants, and a solid 8.1% cap rate, this asset is ready for the right medical investor, 1031 exchange buyer, or owner-user seeking income and flexibility.

Fully Occupied – All Leases Extend Through 2027–2028
Strong Cash Flow – NOI of $96,380
Updated Systems – HVAC, Roof, Paint (5–6 yrs old)
Below Market Rents – Upside Potential at Renewal
Low Maintenance – Pro Management & Clean Financials

Located minutes from [insert major road/hospital if known], with ample parking and patient access.

Offering Memorandum & Financials available upon request.
Contact us today for a private tour or to run investment scenarios.

 


Walking distance to Hamilton Medical Center, Peeples Cancer Center and Anna Shaw Children's Institute.


Medical office complex
6 suites which can be connected or separate
Parking lot
Reception and lobby
Storage/records room room
Treatment rooms
Two Restrooms
Breakroom
Walking distance to Hamilton Medical Center, Peeples Cancer Center and Anna Shaw Children's Institute

Map:
Documents:
Title
Suite 4
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Suite 6
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Suite 5
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Location
Gallery