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    200 Martin Luther King Blvd Chattanooga, TN 37402

    Sponsored
    For Lease
    $21 SF/Yr

    Iconic 12-story building, flexible suites available

    Lot size:
    160,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Class A, 160,000 square foot office building at 200 W. Martin Luther King Blvd in Chattanooga, Tennessee offers a variety of spaces to suit your business needs. Built in 1982 and extensively renovated in 2018, the property boasts 12 stories and features executive, creative, and traditional office layouts. Multiple tenancy options are available, with spaces ranging from a minimum of 714 square feet to a maximum contiguous space of 37,800 square feet. Currently, 76,281 square feet is vacant and ready for immediate occupancy. The building offers a 9-foot ceiling height and convenient elevator access. Its prime location in downtown Chattanooga, just off Interstate 27 at the corner of MLK and Carter, provides excellent visibility and accessibility. Ample parking is available in both a deck and surface lot directly behind the building. Tenants are responsible for verifying square footage. This iconic building presents a unique opportunity for businesses seeking a prestigious and well-maintained office space in a thriving downtown location. The property is located in Hamilton County, Tennessee, zip code 37402.

    Property Features for 200 Martin Luther King Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    160,000 SF
    Class
    A
    Total Rate
    286666.67

    Building Details

    Year Built/Renovated
    1982/2018
    Buildings
    1
    Stories
    12

    Unit(s) available at that property

    Space
    Suite: 704
    Size
    4,598 SF
    Rate per SF
    $21
    Space
    Suite: 800
    Size
    13,400 SF
    Rate per SF
    $21
    Space
    Suite 304
    Size
    1,727 SF
    Rate per SF
    $21
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.3114188
    Latitude
    35.0452988

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    FAQs

    What type of property is this?
    Office space - Iconic 12-story building, flexible suites available
    Where is this office space located?
    The property is located at 200 Martin Luther King Blvd Chattanooga, TN.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    Request Owner's contact information
    200 Martin Luther King Blvd Chattanooga, TN 37402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Martin Luther King Blvd Chattanooga, TN 37402
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