High-Visibility Medical Office
6145 Shallowford Road Chattanooga, TN 37421
For Sale
Contact for pricing
Medical and professional office building with monument signage and a versatile layout on East Brainerd’s commercial corridor.
Property Size5,400 SF
Price / SF$200
Days on Market9
Property Features for 6145 Shallowford Road
General Information
Standard status
Active
Size
5,400 SF
Property subtype
Office
Building Details
Year Built
2004
Listing Agency:
SVN | Second Story Real Estate Management
Listed By:
Bob Elliott · License #TN 383206
Source:
Crexi
Added: Jul 21
Changed: Jul 28
Last Checked: Jul 28 at 6:02AM
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
Investment Insights
Based on property information with market context.
Positioned in the heart of East Brainerd’s premier commercial corridor, this high-visibility medical and professional office building offers a versatile layout for healthcare, wellness, or professional office use. The property includes prominent monument signage and features medical co-tenancy.
Located at 6145 Shallowford Road in Chattanooga, the building provides access just minutes from I-75, supporting convenient arrivals for patients, clients, and staff.
At approximately 5,400 square feet, the space is configured to accommodate a range of office-oriented uses within an established medical/professional environment.
Located at 6145 Shallowford Road in Chattanooga, the building provides access just minutes from I-75, supporting convenient arrivals for patients, clients, and staff.
At approximately 5,400 square feet, the space is configured to accommodate a range of office-oriented uses within an established medical/professional environment.
Key Highlights
- Medical and professional office building built in 2004
- Versatile layout suited for healthcare, wellness, or professional office use
- Monument signage for prominent building identification
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.2k | $18.00 |
| − Vacancy | −$14.6k | −$2.70 |
| EGI | $82.6k | $15.30 |
| − OpEx | −$20.7k | −$3.82 |
| NOI | $62.0k | $11.48 |
5,400 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$885.2K
$774.6K – $1.03M
NOI $61,965 @ 7.0% cap · market cap 5.74%
Second Best
Healthcare Medical
$859.2K
$751.8K – $1.00M
NOI $60,147 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,483 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Shallowford Animal Hospital — 6200 Shallowford Rd, Chattanooga, TN 37421
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical and professional office building with monument signage and a versatile layout on East Brainerd’s commercial corridor.
Where is this medical office space located?
The property is located at 6145 Shallowford Road Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Medical and professional office building built in 2004; Versatile layout suited for healthcare, wellness, or professional office use; Monument signage for prominent building identification
