Contacts

Chattanooga - Downtown
Property Details
- Property Type Office
- Lot Size 0.6 Acre
- # of Floors 1
- Property Tenancy Multi-Tenant
- Building Class A
- Year Renovated 2020
- Date Updated Jun 7, 2025
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.
š¹ Fully Occupied – All Leases Extend Through 2027–2028
š¹ Strong Cash Flow – NOI of $96,380
š¹ Updated Systems – HVAC, Roof, Paint (5–6 yrs old)
š¹ Below Market Rents – Upside Potential at Renewal
š¹ Low Maintenance – Pro Management & Clean Financials
š Located minutes from [insert major road/hospital if known], with ample parking and patient access.
š Offering Memorandum & Financials available upon request.
š© Contact us today for a private tour or to run investment scenarios.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Dalton, GA
- Zip Code 30720
- Market Chattanooga
Points of Interest
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Murphy USA
0.57 miles
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RaceTrac
0.64 miles
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Mapco
0.70 miles
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Marathon
1.06 miles
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Kroger
1.47 miles
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BP
1.50 miles
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Walmart
2.11 miles
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Baymont
0.99 miles
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Motel 6
1.05 miles
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Encolodge
1.07 miles
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Stay Lodge of Dalton
1.10 miles
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Guest Inn Dalton
1.14 miles
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Extended Stay America
1.17 miles
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La Quinta Inn
1.62 miles
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Fairfield Inn & Suites Dalton
1.82 miles
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Courtyard
1.82 miles
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Holiday Inn
1.85 miles
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Kohl's
0.54 miles
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Walmart Supercenter
0.65 miles
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Kroger
1.39 miles
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Food City
1.45 miles
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Ross
1.92 miles
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Walmart Neighborhood Market
2.09 miles
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TJ Maxx
2.11 miles
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Big Lots
2.12 miles
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Food Lion
2.77 miles
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Bealls
3.51 miles
Access more in-depth information about this property ā including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more ā on CommercialEdge.

Chattanooga - Downtown