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Medical Office Suite
New
For Lease
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251 North Lyerly Street, Chattanooga, TN 37404

New construction offers covered patient drop-off and surface parking near major hospitals.

Space SizeContact for details
Days on Market2

Property Features for 251 North Lyerly Street

General Information

Standard status Active
Property subtype Office

Amenities

covered patient drop-off
Listing Agency: CBRE - Chattanooga
Listed By: Russell Elliott · License #206202
Source: Cbre
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:29AM

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 CBRE - Chattanooga

Investment Insights

Based on property information with market context.

This 2,269-square-foot medical office suite is offered for rent in a newly constructed building. A covered patient drop-off and surface parking support patient and staff access.

The property is at 251 North Lyerly Street in Chattanooga, near major hospitals.

Key Highlights

  • 2,269‑square‑foot office suite
  • New construction
  • Covered patient drop‑off

Property Analytics

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Open Analytics

Current Use

Cameron Golightly Physician Linda Bakker Midwife Kenneth Kokko Physician James Terrell Nunally Physician Linda Joy Bakker Midwife

Suggested Use

Top Pick Spa & Massage Center Hair Salon Real Estate Agency Nail Salon Auto Parts Store Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

1,785
Businesses Nearby

Demographics for 37404, TN

13,106
Population
5,887
Households
2.2
Avg Household Size
34
Median Age
32%
College-Educated
86%
High-School Grad
5.2 sq mi
ZIP Area
2,520
Density / Sq Mi
$53,585
Median Household Income
$35,983
Median Earnings
$999
Median Rent
$235,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chattanooga, TN

$19.86 /SF/Yr
Avg Asking Price
$10–$30 /SF/Yr
Price Range
36,138 SF
Avg Space Size

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 - New construction offers covered patient drop-off and surface parking near major hospitals.
Where is this office units located?
The property is located at 251 North Lyerly Street Chattanooga, TN.
What are key features of this property?
This property features: 2,269‑square‑foot office suite; New construction; Covered patient drop‑off
More about this property
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