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Downtown Office Building
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701 Cherry St, Chattanooga, TN 37402

Fully leased office property with multi-year tenant commitments.

Property SizeContact for details
Days on Market144

Property Features for 701 Cherry St

General Information

Standard status Active
Property subtype Office
Occupancy 100%
Net Operating Income $350,000
Listing Agency: SVN Second Story Real Estate Management
Listed By: J. Matthew McGauley · License #TN 291079
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:55AM

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.

This office building at 701 Cherry St in Chattanooga is fully leased, providing an established occupancy profile for an owner-user or investor. Average remaining lease terms exceed five years, supporting continuity across the existing tenancy.

The property is positioned at the intersection of 7th and Cherry in downtown Chattanooga, TN 37402.

Key Highlights

  • 100% leased office building
  • Average remaining lease terms of 5+ years
  • Located at 7th and Cherry in downtown Chattanooga

Property Analytics

Current Use

Delegator Marketing & Advertising Causeway Charitable Organization Blue Ridge Logistics Logistics Company Bergmann III Paul Law Firm

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Florist Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,854
Businesses Nearby

Demographics for 37402, TN

4,464
Population
3,207
Households
1.4
Avg Household Size
38
Median Age
30%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
3,434
Density / Sq Mi
$28,829
Median Household Income
$42,515
Median Earnings
$673
Median Rent
$460,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased office property with multi-year tenant commitments.
Where is this office building located?
The property is located at 701 Cherry St Chattanooga, TN.
What are key features of this property?
This property features: 100% leased office building; Average remaining lease terms of 5+ years; Located at 7th and Cherry in downtown Chattanooga
(423) 400-0723 Call to check price and availability
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