Office Unit with Private
For Sale
Contact for pricing
6872 MCCUTCHEON RD, Chattanooga, TN 37421
Commercially zoned workspace includes a reception area, meeting room, kitchenette, and two restrooms.
Property Size1,500 SF
Price / SF$220
Days on Market169
Property Features for 6872 MCCUTCHEON RD
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Office
Zoning
Commercial
Building Details
Year Built
1997
Year Renovated
2021
Buildings
1
Stories
1
Units
11
Listing Agency:
KW Commercial
Listed By:
Joe Pleva · License #TN276752
(423) 667-6204
Source:
Crexi
Added: May 4
Changed: Oct 10
Last Checked: Oct 19 at 4:46AM
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 KW Commercial
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Investment Insights
Based on property information with market context.
This 1,500-square-foot office unit, built in 1997, provides four private offices alongside a lobby, conference room, kitchenette, and two bathrooms. Interior finishes include fresh paint, cove molding, modern black ceiling tiles, luxury vinyl plank flooring, conference-room cabinetry, and a granite kitchenette countertop.
The property is positioned within 1/2 mile of I-75 and 1 mile from Hamilton Place. Parking is located directly in front of the unit, providing convenient access for clients and visitors. Commercial zoning supports its office use.
The property is positioned within 1/2 mile of I-75 and 1 mile from Hamilton Place. Parking is located directly in front of the unit, providing convenient access for clients and visitors. Commercial zoning supports its office use.
Key Highlights
- 1,500‑square‑foot office unit built in 1997
- Four private offices plus lobby and conference room
- Kitchenette with granite countertop and conference‑room storage cabinets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,213
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,260
$344.3K
Cap Rate 7%
$245,900
$245.9K
Cap Rate 9%
$191,256
$191.3K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$27.0K $18.00/SF
− Vacancy
−$4.1K −$2.70/SF
EGI
$23.0K $15.30/SF
− OpEx
−$5.7K −$3.82/SF
NOI
$17.2K $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%
$344,260
Cap Rate 7%
$245,900
Cap Rate 9%
$191,256
Alternative Uses
Best Use
Office B
$245.9K
$215.2K – $286.9K
NOI $17,213 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$331.3K
$289.9K – $386.5K
NOI $23,190 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,392
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Commercially zoned workspace includes a reception area, meeting room, kitchenette, and two restrooms.
Where is this office units located?
The property is located at 6872 MCCUTCHEON RD Chattanooga, TN.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1,500‑square‑foot office unit built in 1997; Four private offices plus lobby and conference room; Kitchenette with granite countertop and conference‑room storage cabinets
