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Professional Office Complex For Sale

7003 Shallowford Road Chattanooga TN 37421, Chattanooga, TN 37421

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For Sale

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Professional office complex in East Brainerd business corridor.

Type:Office

Property size:

12,420 SF

Price / SF:

$152/SF

HighLights

Highly visible corner location on Shallowford Road and Center Street.
Located in the East Brainerd business corridor, near Hamilton Place Mall.
Existing professional office building occupied mainly by medical, dental, and chiropractic tenants.
One 3,069 sq. ft. vacancy ready for occupancy.
Formerly an Orthodontist Surgeon space with equipment available.
Located between I‑75 and Lee Highway.

We can help!

Contact an agent

Tony Brock

For Sale

Contact for pricing

Professional office complex in East Brainerd business corridor.

Type:Office

Property size:

12,420 SF

Price / SF:

$152/SF

Added:: Mar 19, 2025
Days on Market:: 477
Last Refresh:: Jun 28 at 3:48 pm

Property Features for 7003 Shallowford Road Chattanooga TN 37421

General Information

Standard status: Active
Size: 12,420 SF
Property subtype: Office

We can help!

Contact an agent

Tony Brock

Listing office SVN | Second Story Real Estate Management

Listing date Mar 19, 2025

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

HighLights

Highly visible corner location on Shallowford Road and Center Street.
Located in the East Brainerd business corridor, near Hamilton Place Mall.
Existing professional office building occupied mainly by medical, dental, and chiropractic tenants.
One 3,069 sq. ft. vacancy ready for occupancy.
Formerly an Orthodontist Surgeon space with equipment available.
Located between I‑75 and Lee Highway.

Overview

This professional office complex offers 12,420 square feet in a visible corner location on Shallowford Road and Center Street. Situated between I-75 and Lee Highway in the East Brainerd business corridor, it is near Hamilton Place Mall. The building is primarily occupied by medical, dental, and chiropractic tenants. A 3,069-square-foot vacancy, formerly an Orthodontist Surgeon space, is available and ready for occupancy, with equipment included.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$223.6k	$18.00
− Vacancy	−$33.5k	−$2.70
EGI	$190.0k	$15.30
− OpEx	−$47.5k	−$3.82
NOI	$142.5k	$11.48

12,420 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.04M

$1.78M – $2.38M (±1% cap)

NOI $142,520 @ 7.0% cap · market cap 7.50%

Second Best

Healthcare Medical

$1.98M

$1.73M – $2.31M (±1% cap)

NOI $138,339 @ 7.0% cap · market cap 7.28%

Theoretical Best

Office A

$2.74M

$2.40M – $3.20M (±1% cap)

NOI $192,011 @ 7.0% cap · market cap 10.11%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Cloudland Dental Dental Office Wright Jackie Dental Office Affordable Smiles Orthodontics Dental Office Chattanooga Primary Care ... Medical Clinic Advanced Concepts in Medicine Medical Clinic

Suggested Use

Location Insight

Map
Local Demand

City: Chattanooga
County: Hamilton
State: Tennessee
Longitude: -85.1597547
Latitude: 35.044256

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For sale
Medical Office Space
TN
Chattanooga
37421
7003 Shallowford Road

What type of property is this?

Medical Office Space - Professional office complex in East Brainerd business corridor.

Where is this medical office space located?

The property is located at 7003 Shallowford Road Chattanooga TN 37421 Chattanooga, TN.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: Highly visible corner location on Shallowford Road and Center Street.; Located in the East Brainerd business corridor, near Hamilton Place Mall.; Existing professional office building occupied mainly by medical, dental, and chiropractic tenants.