Listing Agency: CBRE - Chattanooga

Listed By: Russell Elliott · License #206202 Show Phone

Source: Cbre

Added: Oct 19 Last Checked: Oct 20 at 5:30PM

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Investment Insights

Based on property information with market context.

Office units are available for lease at 1949 Gunbarrel Road in Chattanooga, Tennessee. The property is identified as an office asset.

Key Highlights

• Office units for lease at 1949 Gunbarrel Road in Chattanooga

Property Analytics

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Current Use

Memorial Health Services Association / Organization Memorial Home Health Home Health Care Service Grant W. Huntzinger, ... Physician Center for Sports Medicine ... Medical Clinic Beahm Thomas M ... Physician

Suggested Use

Top Pick Building Supply Parking Lot & Garage Electrical Service Real Estate Agency Garden Center Auto Parts Store

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

$4.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,509

Businesses Nearby

Explore this area Business Placement

Demographics for 37421, TN

51,686

Population

23,978

Households

2.2

Avg Household Size

40

Median Age

38%

College-Educated

92%

High-School Grad

31.7 sq mi

ZIP Area

1,630

Density / Sq Mi

$79,958

Median Household Income

$44,452

Median Earnings

$1,313

Median Rent

$299,600

Median Home Value

Market

Lease Benchmarks for Chattanooga, TN

$20.35 /SF/Yr

Avg Asking Price

$10–$30 /SF/Yr

Price Range

35,282 SF

Avg Space Size

This space is priced 47% above the average of $20.35 /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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Medical or Professional Office Suite

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Class A Office Space

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Downtown Chattanooga Class A Office

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Downtown Chattanooga Office Space Available

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Renovated Office Space Available

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Frequently Asked Questions

What type of property is this?

Office unit - Office units are available for lease on Gunbarrel Road in Chattanooga.

Where is this office unit located?

The property is located at 1949 Gunbarrel Road Chattanooga, TN.

What is the lease rate?

The lease rate is $30 SF/Yr.

What are key features of this property?

This property features: Office units for lease at 1949 Gunbarrel Road in Chattanooga