Commercial Office Lease
For Lease
$4,500/Mo
1011 Peerless Crossing Drive NW, Cleveland, TN 37312
COMMERCIAL - Cleveland, TN
Space SizeContact for details
Days on Market322
Property Features for 1011 Peerless Crossing Drive NW
General Information
Property type
Commercial Lease
Property subtype
Office
Property condition
Under Construction
Zoning
Commercial
Parking
15
Parking features
Parking Lot
Security features
Security
Exterior features
Rain Gutters
Subdivision
Peerless Crossing
Lot features
Level, Near Public Transit, Corner Lot, Level, Near Public Transit, Corner Lot
Elementary school
Ross-Yates
Middle school
Cleveland
High school
Cleveland
Directions
North I75 to exit 25, turn left 25th Street, turn left on Peerless Road, turn right on Raider Drive, turn right on Peerless Crossing Drive, building on left corner across street from Cleveland, High School. S.O.P.
Standard status
Active
APN
041l C 001.03
Size
2,028 SF
Taxes and HOA fees
Tax Annual Amount
3159
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2025
Flooring type
Concrete
Building materials
Brick Veneer
Roof type
Shingle
Listing Agency:
Crye-Leike REALTORS - Cleveland
(423) 473-9545
Listed By:
Max Phillips · License #203547
(423) 596-7173
Added: Sep 26, 2025
Changed: Aug 4
Last Checked: Aug 13 at 2:06PM
MLS# 20254573
Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This leasing opportunity offers a commercial office space at 1011 Peerless Crossing Drive NW in Cleveland, Tennessee, with the landlord planning to install HVAC with a trunk line. The space allows for flexibility in tenant improvements: the lessee can build out with landlord approval, or the landlord can complete a build-out subject to an escalation of rental payments. The lease term is a minimum of five years, and the property is configured to support commercial office use with easy access to electrical and plumbing throughout.
The property is located in a visible commercial area, with lots of parking available to accommodate employees and visitors. As a commercial-zoned offering, it is positioned for businesses seeking a straightforward lease setup in Bradley County.
For tenants evaluating an office location in Cleveland, the key advantage here is the HVAC approach and build-out pathway, which can align with either an in-house plan or a landlord-led completion schedule. The on-site utility access for electrical and plumbing may help streamline interior planning and permitting for the final layout, while the ample parking supports everyday operations and client traffic.
The property is located in a visible commercial area, with lots of parking available to accommodate employees and visitors. As a commercial-zoned offering, it is positioned for businesses seeking a straightforward lease setup in Bradley County.
For tenants evaluating an office location in Cleveland, the key advantage here is the HVAC approach and build-out pathway, which can align with either an in-house plan or a landlord-led completion schedule. The on-site utility access for electrical and plumbing may help streamline interior planning and permitting for the final layout, while the ample parking supports everyday operations and client traffic.
Key Highlights
- Under construction with an estimated year built of 2025
- Brick veneer exterior with shingle roof and concrete flooring
- Central heating and central air conditioning with electric heating
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.99 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
Explore this area
Business Placement
Demographics for 37312, TN
36,291
Population
15,023
Households
2.4
Avg Household Size
42
Median Age
36%
College-Educated
93%
High-School Grad
64.4 sq mi
ZIP Area
564
Density / Sq Mi
$75,369
Median Household Income
$41,148
Median Earnings
$1,080
Median Rent
$270,500
Median Home Value
Market
Lease Benchmarks for Cleveland, TN
$18.04 /SF/Yr
Avg Asking Price
$7.67–$48.98 /SF/Yr
Price Range
6,370 SF
Avg Space Size
This space is priced 48% above the average of $18.04 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Office space with landlord-installed HVAC options, flexible build-out, and ample parking in a commercial setting.
Where is this office units located?
The property is located at 1011 Peerless Crossing Drive NW Cleveland, TN.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Under construction with an estimated year built of 2025; Brick veneer exterior with shingle roof and concrete flooring; Central heating and central air conditioning with electric heating
