Central Plaza Sale

Investment Overview

Situated at the premier convergence of Georgia Avenue, Cherry Street, and ML King Boulevard in the heart of Downtown Chattanooga, One Central Plaza is an iconic 8-story flatiron-style landmark.​ The sale of Floors 4 through 8 presents a versatile investment opportunity, combining stable existing cash flow from a strong multi-tenant history with a rare owner-user opportunity across the top two levels (Floors 7 and 8), offering significant upside potential through strategic positioning or occupancy.​

Investment Highlights

• ​Prime Owner-User Opportunity (7th & 8th Floors): The top two floors (7th and 8th) present a rare opportunity for an owner-user to occupy premier executive space with high-end finishes, flexible layouts, and elevated skyline views, while benefiting from cash flow generated by the remaining leased suites.
• ​Iconic Architectural Landmark: Signature 8-story flatiron-style office tower situated prominently at the convergence of Georgia Avenue, Cherry Street, and ML King Blvd.
• ​Premier Central Business District Location: Overlooking Miller Plaza in the heart of Downtown Chattanooga, offering immediate access to city center amenities, dining, and government hubs.
• ​100% Occupied Value-Add Investment Opportunity: Currently fully leased, providing strong operational stability. Key tenancies include the UC Foundation occupying the 7th and 8th floors (asking rate: $27/SF Modified Gross). Demonstrating long-term commitment, the 4th-floor tenant has contributed approximately $180,000 toward space improvements, while the 6th-floor tenant has invested over $320,000 into their suite. Features highly functional layouts, private offices, modern conference rooms, and broad floorplate flexibility ideal for future owner-occupants, corporate headquarters, or long-term multi-tenant value appreciation.
• ​Unmatched City Views: Floor-to-ceiling perimeter exposure providing panoramic views of the city skyline and surrounding mountain ridges.