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    105 Lee Parkway Dr Chattanooga, TN 37421

    Sponsored
    For Lease
    $14 SF/Yr

    Modern medical/executive office space.

    Lot size:
    17,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This single-story, 17,500 square foot Class B office building, situated on 1.62 acres of land, presents a fantastic opportunity for businesses seeking flexible space. Built in 1986 and renovated in 2015, the Lee Parkway Professional Center offers multiple tenancy options, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 3,000 square feet. Currently, 5,000 square feet is available. The property boasts excellent road frontage and visibility, strategically located near Hamilton Place Mall, providing convenient access to I-75 and Highway 153 via Shallowford Road and Lee Highway. Ample on-site surface parking is available for tenants and their clients. The building is zoned C1 and features a single story design. The property's address is further identified by its APN: 148D E 022.03 and its cross streets are Lee Parkway and Jordan Drive. This well-maintained property is ideal for a variety of professional uses, including medical, executive, and traditional office spaces. The property's convenient location and ample parking make it an attractive option for businesses seeking a high-visibility location with easy access to major transportation routes.

    Property Features for 105 Lee Parkway Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,500 SF
    Class
    B
    Total Rate
    20416.67

    Building Details

    Year Built/Renovated
    1986/2015
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite B
    Size
    3,000 SF
    Rate per SF
    $16

    HighLights

    • Single‑story medical office building offering excellent road frontage and visibility.
    • Convenient location near Hamilton Place Mall, with easy access to I‑75 and Hwy 153.
    • Ample on‑site surface parking.
    • Well‑maintained 17,500 SF Class B property, renovated in 2015.
    • 5,000 SF of vacant space available, divisible to 1,000 SF minimum, with a maximum contiguous space of 3,000 SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Orange Grove Center ... Doctor Michalle Morris, MSN Nurse Practitioner Maverick Dance Alliance Dance School Rashunika Patillo Nurse Practitioner Aditya Kumar Bhartia Nephrologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.162416501421
    Latitude
    35.046077219217

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    FAQs

    What type of property is this?
    Medical office - Modern medical/executive office space.
    Where is this medical office located?
    The property is located at 105 Lee Parkway Dr Chattanooga, TN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Single-story medical office building offering excellent road frontage and visibility.; Convenient location near Hamilton Place Mall, with easy access to I-75 and Hwy 153.; Ample on-site surface parking.
    Request Owner's contact information
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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
    105 Lee Parkway Dr Chattanooga, TN 37421
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