High-Visibility Medical Office
For Sale
Contact for pricing
6145 Shallowford Road, Chattanooga, TN 37421
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 Market101
Property Features for 6145 Shallowford Road
General Information
Standard status
Active
Size
5,400 SF
Class
B
Total Parking Spaces
15
Property subtype
Office
Zoning
R4
Site & Location
Neighborhood
Shepherd Community Council
Highway Access
Yes
Amenities
monument signage
Building Details
Year Built
2004
Tenancy
Multi
Listing Agency:
SVN | Second Story Real Estate Management
Listed By:
Bob Elliott · License #TN 383206
Source:
Crexi
Added: Jul 21
Changed: Oct 25
Last Checked: Oct 28 at 7:24AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$61,965
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,239,300
$1.2M
Cap Rate 7%
$885,214
$885.2K
Cap Rate 9%
$688,500
$688.5K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$97.2K $18.00/SF
− Vacancy
−$14.6K −$2.70/SF
EGI
$82.6K $15.30/SF
− OpEx
−$20.7K −$3.82/SF
NOI
$62.0K $11.48/SF
Area
Chattanooga, TN
Vacancy
15.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,239,300
Cap Rate 7%
$885,214
Cap Rate 9%
$688,500
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.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
Under-served
Demand for This Use
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
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Market
Vacancy Rate% for Office in South region
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
