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Office Suite with Original Vault
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123 E 7th St, Chattanooga, TN 37402

Open-concept office space with large windows, offering two suites that can be leased together or separately.

Property Size1,989 SF
Days on Market74

Property Features for 123 E 7th St

General Information

Standard status Active
Size 1,989 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

original vault
Listing Agency: SVN | Second Story RE Management
Listed By: Nick Petras · License ##372051
Source: Moodyscre
Added: May 20 Changed: Jul 26 Last Checked: Aug 1 at 5:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Second Story RE Management

Investment Insights

Based on property information with market context.

This office suite features large windows and an open concept layout designed to create an inviting work environment. The offering includes two suites that can be combined into one larger space with the addition of a door, or leased separately as smaller offices.

Suite 301 includes original character elements, including the original vault from when the Mayfield was a bank. The building offers space for tenants looking for distinctive office accommodations in a downtown setting.

For tenants, the configuration allows flexibility between a combined suite or two separate layouts, while retaining the building’s historic character and bright interior presence.

Key Highlights

  • Open‑concept office space with large windows
  • Two suites can be combined into one with the addition of a door
  • Can also be leased separately as smaller spaces

Property Analytics

Current Use

Teach for America Training Center Hamilton County Financial ... Tax Department Mayfield Annex Corporate Office River Street Architecture ... Architecture Firm REGAL BARBERSHOP Hair Salon

Suggested Use

Top Pick Home Appliance Store Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Garden Center Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,854
Businesses Nearby

Demographics for 37402, TN

4,464
Population
3,207
Households
1.4
Avg Household Size
38
Median Age
30%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
3,434
Density / Sq Mi
$28,829
Median Household Income
$42,515
Median Earnings
$673
Median Rent
$460,000
Median Home Value

Market

Lease Benchmarks for Chattanooga, TN

$18.13 /SF/Yr
Avg Asking Price
$10–$23 /SF/Yr
Price Range
27,774 SF
Avg Space Size

This space is priced 27% above the average of $18.13 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Open-concept office space with large windows, offering two suites that can be leased together or separately.
Where is this office units located?
The property is located at 123 E 7th St Chattanooga, TN.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Open‑concept office space with large windows; Two suites can be combined into one with the addition of a door; Can also be leased separately as smaller spaces
(786) 535-8042 Call to check price and availability
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