Office Space in Prime
For Sale
Contact for pricing
7053 McCutcheon Rd Ste 305, Chattanooga, TN 37421
Office space in a sought-after business corridor.
Property Size2,500 SF
Price / SF$260
Days on Market212
Property Features for 7053 McCutcheon Rd Ste 305
General Information
Standard status
Active
Size
2,500 SF
Class
A
Property subtype
Office
Investment Type
Owner/User
Building Details
Year Built
2002
Tenancy
Multi
Listing Agency:
SVN Second Story Real Estate Management
Listed By:
Chandler Hale · License #TN 371055
(423) 682-8241
Source:
Crexi
Added: Mar 10
Changed: Oct 3
Last Checked: Oct 7 at 11:45AM
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.
Located in the Lee Hwy/Shallowford Road corridor, 7053 McCutcheon Road offers a central location for business in Hamilton County. The property is situated near retail and professional activity. The property size is 2500 square feet.
Key Highlights
- Highly sought‑after Lee Hwy/Shallowford Road corridor location.
- Central point for business in Hamilton County.
- At the doorstep of the region’s most significant retail activity.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,688
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,760
$573.8K
Cap Rate 7%
$409,829
$409.8K
Cap Rate 9%
$318,756
$318.8K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$45.0K $18.00/SF
− Vacancy
−$6.8K −$2.70/SF
EGI
$38.3K $15.30/SF
− OpEx
−$9.6K −$3.82/SF
NOI
$28.7K $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%
$573,760
Cap Rate 7%
$409,829
Cap Rate 9%
$318,756
Alternative Uses
Best Use
Office B
$409.8K
$358.6K – $478.1K
NOI $28,688 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$552.1K
$483.1K – $644.2K
NOI $38,650 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,408
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office space in a sought-after business corridor.
Where is this office building located?
The property is located at 7053 McCutcheon Rd Ste 305 Chattanooga, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Highly sought‑after Lee Hwy/Shallowford Road corridor location.; Central point for business in Hamilton County.; At the doorstep of the region’s most significant retail activity.
