7161 Lee Highway Chattanooga, TN 37421
Adaptable commercial property with warehouse space and high traffic volume.
Property Features for 7161 Lee Highway
General Information
- Standard status
- Active
- Size
- 3,470 SF
- Property subtype
- Office
Building Details
- Year Built
- 2005
Listing office CBRE - Chattanooga (615) 493-9223
Listing date May 12, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Ideal for medical/healthcare‑related uses (therapy, chiropractic, aesthetics, etc.)
- Warehouse space provides flexibility for expansion, storage, or build‑out
- High traffic volume (63,000 VPD) on Lee Highway
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.5k | $18.00 |
| − Vacancy | −$9.4k | −$2.70 |
| EGI | $53.1k | $15.30 |
| − OpEx | −$13.3k | −$3.82 |
| NOI | $39.8k | $11.48 |
Alternative Uses
Property Analytics
Current Use by Public Records
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