Multi-Tenant Office and Retail
5811 Lee Highway, Chattanooga, TN 37421
19,360 SF multi-tenant office and retail investment property.
Type:Office, Retail
Property size:
19,360 SFPrice / SF:
$167/SF- Added:
- Jan 26, 2026
- Days on Market:
- 106
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 5811 Lee Highway
General Information
- Standard status
- Active
- Size
- 19,360 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1961
Listing agent Micajah Gary, CCIM License #370241
Listing office SVN Second Story Real Estate Management- Atlanta
Listing date Jan 26, 2026
Source Crexi
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 Real Estate Management- Atlanta
HighLights
- High‑performing, fully occupied property generating stable in‑place income.
- Clear value‑add potential through strategic leasing initiatives and rent increases.
- Located on a primary commercial corridor with excellent visibility, strong traffic counts, and easy accessibility.
- Diverse tenant roster provides consistent cash flow.
- Recent capital improvements (HVAC, partial roof) minimize near‑term capital expense risk.
- Includes an income‑generating billboard leased on a long‑term basis.
Overview
The property at 5805-5811 Lee Highway in Chattanooga, Tennessee, is a multi-tenant office and retail investment property encompassing approximately 19,360 square feet. This well-maintained asset is fully occupied by a diverse tenant roster, providing consistent cash flow. It is positioned along one of the region’s primary commercial corridors, benefiting from excellent visibility, strong traffic counts, and easy accessibility to key commercial districts. The offering includes an income-generating billboard that is leased on a long-term basis. Recent capital improvements include replacement of HVAC units and installation of a partial new roof, enhancing the building’s efficiency. Many existing tenants are currently on month-to-month leases, creating an opportunity to drive NOI growth by securing tenants on longer-term lease agreements and to increase rental rates to market levels. The property's location and physical condition position it well for continued performance and income growth.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Vision Coordination Services ...
Social Service Agency
Inspire Hair and Beauty
Hair Salon
Shelter Insurance - Bobby ...
Insurance Agency
Reign Studio
Hair Salon
The Hendrickson Agency - Farmers ...
Insurance Agency
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2007065
- Latitude
- 35.021296
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 19,360 SF multi-tenant office and retail investment property.
Where is this office building located?
The property is located at 5811 Lee Highway Chattanooga, TN.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: High‑performing, fully occupied property generating stable in‑place income.; Clear value‑add potential through strategic leasing initiatives and rent increases.; Located on a primary commercial corridor with excellent visibility, strong traffic counts, and easy accessibility.
