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Class A Office Space
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7405 Shallowford Rd, Chattanooga, TN 37421

Prime location near Hamilton Place Mall with high visibility.

Space Size670 SF - 3,810 SF
Days on Market901

Property Features for 7405 Shallowford Rd

General Information

Standard status Active
Size 670 SF - 3,810 SF
Class C
Property subtype Office
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 7405 Shallowford Rd Contact us

Suite 160

Size
3,810 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 270-280

Size
2,946 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 310

Size
1,260 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 380 A-B

Size
670 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 500-520

Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Pryor Bacon Company
Listed By: Pryor Bacon, Jr. · License #TN 231572
Source: Crexi
Added: Mar 11, 2024 Changed: Aug 27 Last Checked: Aug 26 at 2:47AM

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 Pryor Bacon Company

Investment Insights

Based on property information with market context.

This Class A office space is located at the intersection of Shallowford and Gunbarrel Road, near Hamilton Place Mall. The location offers high exposure and signage opportunities from a busy intersection with traffic counts exceeding 20,000 cars per day. Kensington Place is conveniently located 0.5 miles from Interstate-75 and includes a large parking lot. The property's proximity to nearby hospitals and medical facilities makes it suitable for medical or professional office use. Lease terms are 3-5 years, depending on build-out requirements. Tenants can design their floor plan from scratch with build-to-suit options available for 5-year leases, with completion in 75 days. The owner is willing to subdivide the space. Suite 190, located on the corner, benefits from high visibility from Shallowford Road. The lease rate is $15.75 per square foot, NNN, with operating expenses of $5.25 per square foot. A special offer includes a 50% discount on the first 6 months' rent for tenants who sign 5-year leases.

Key Highlights

  • Prime location at Shallowford & Gunbarrel Road near Hamilton Place Mall with high visibility and traffic (20,000+ cars/day).
  • Special offer: 50% rent discount for the first 6 months on 5‑year leases.
  • Build‑to‑suit option available with 5‑year lease, complete in just 75 days.

Property Analytics

Current Use

Jaime Ponce Portugal, ... Physician Dr. John Ross Alternative Medicine Practice Hope Weeks Pediatrician FedEx Drop Box Postal Service

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Parking Lot & Garage Storage Facility Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,540
Businesses Nearby

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

Market

Lease Benchmarks for Chattanooga, TN

$31.75 /SF/Yr
Avg Asking Price
$10–$264 /SF/Yr
Price Range
31,898 SF
Avg Space Size

This space is priced 37% below the average of $31.75 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Prime location near Hamilton Place Mall with high visibility.
Where is this office units located?
The property is located at 7405 Shallowford Rd Chattanooga, TN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime location at Shallowford & Gunbarrel Road near Hamilton Place Mall with high visibility and traffic (20,000+ cars/day).; Special offer: 50% rent discount for the first 6 months on 5‑year leases.; Build‑to‑suit option available with 5‑year lease, complete in just 75 days.
(423) 855-5555 Call to check price and availability
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