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    605 Chestnut St Chattanooga, TN 37450

    For Lease
    $19 SF/Yr

    Class A Office, 12,307 sq ft available

    Lot size:
    226,644 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A office space, located on the 7th floor of the prestigious Liberty Tower in downtown Chattanooga's Central Business District, offers 12,307 rentable square feet (11,490 usable square feet). The entire floor is fully furnished at no additional cost, providing immediate occupancy. Enjoy breathtaking 360-degree views of the city from this modernly-designed space, featuring abundant natural light from windows on all sides. A sublease is available until May 31, 2027, with the possibility of a direct lease for qualified tenants seeking a longer-term commitment. The building, constructed in 1979, is a 16-story structure with elevators. Conveniently located, this space offers easy access to major highways and interstates. Thirty-one parking spaces are available for lease at $88 per month in a nearby garage, connected via a covered pedestrian bridge. The property's APN is 145C D 001.01, and it's situated in Hamilton County. This is a rare opportunity to secure a fully furnished, high-profile office space in a prime downtown location. The total building size is 226,644 square feet.

    Property Features for 605 Chestnut St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    226,644 SF
    Class
    A
    Total Rate
    368296.5

    Building Details

    Year Built
    1979
    Stories
    16

    Unit(s) available at that property

    Space
    7th Floor
    Size
    12,307 SF
    Rate per SF
    $19

    HighLights

    • Class A, 16‑story office building totaling 226,644 square feet.
    • Sublease available through May 31, 2027, with potential for direct lease.
    • 12,307 rentable square feet (11,490 usable square feet) available on the 7th floor.
    • Fully furnished space included at no additional cost.
    • 31 parking spaces available at $88/month each in adjacent garage with covered walkway.
    • Abundant natural light with windows on all sides.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nooga Foundation Repair ... Concrete Product Supplier investment route Investment Service Amerifoods Importer Dako Group Employment Agency Liberty Tower Corporate Campus

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Restaurant Daycare Center Building Supply Auto Repair Shop Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.3119254
    Latitude
    35.0493615

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    FAQs

    What type of property is this?
    Office space - Class A Office, 12,307 sq ft available
    Where is this office space located?
    The property is located at 605 Chestnut St Chattanooga, TN.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Class A, 16-story office building totaling 226,644 square feet.; Sublease available through May 31, 2027, with potential for direct lease.; 12,307 rentable square feet (11,490 usable square feet) available on the 7th floor.
    Request Owner's contact information
    605 Chestnut St Chattanooga, TN 37450
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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
    605 Chestnut St Chattanooga, TN 37450
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