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Redeveloped Medical Building with Atrium
For Lease
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1949 Gunbarrel Rd, Chattanooga, TN 37421

Fully redeveloped medical building with prominent medical tenants.

Space Size3,097 SF
Property Size46,724 SF
Days on Market1019

Property Features for 1949 Gunbarrel Rd

General Information

Standard status Active
Size 3,097 SF
Class A
Property subtype Office
Lease Type NNN

Building Details

Building Size 46,724 SF
Year Built 1992
Tenancy Multiple

Spaces For Lease

at 1949 Gunbarrel Rd Contact us

Suite 205

Size
3,097 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: CBRE - Chattanooga
Listed By: Russell Elliott · License #206202
Source: Crexi
Added: Nov 8, 2023 Changed: Aug 23 Last Checked: Aug 22 at 12:28PM

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 CBRE - Chattanooga

Investment Insights

Based on property information with market context.

The Atrium is a fully redeveloped medical building with prominent tenants. These tenants include: CHI Memorial, CHI Memorial Convenient Care, CHI Memorial Lab/X-Ray, CHI Memorial National Home Care, CHI Memorial Nuclear Medicine, CHI Memorial Pediatric Diagnostic Associates, CHI Memorial Primary Care Associates, CHI Memorial Regional Sleep Center, Center for Sports Medicine and Orthopedics, Center for Sports Medicine and Orthopedics - Rehab Services, Distefano Medical Spa, Hayes Hand Center, Mary Ellen Lochar Breast Center, Memorial Health Services, NovaMed Surgery Center, Pediatric Eye Specialists, Plastic Surgery Group, The Heart Institute, and Woolfson Eye Institute. The property is located on Gunbarrel Rd in Chattanooga, TN.

Key Highlights

  • Fully redeveloped medical building.
  • Prominent tenants including CHI Memorial and affiliated services.
  • On‑site lab, X‑Ray, and nuclear medicine facilities.

Property Analytics

Current Use

Memorial Health Services Association / Organization Memorial Home Health Home Health Care Service Grant W. Huntzinger, ... Physician Center for Sports Medicine ... Medical Clinic Beahm Thomas M ... Physician

Suggested Use

Top Pick Building Supply Parking Lot & Garage Electrical Service Real Estate Agency Garden Center Storage Facility

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,509
Businesses Nearby
Well-served
Demand for This Use

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

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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Similar Off Market Nearby

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  • Veterinary Ophthalmology Services, Chattanooga 1618 Gunbarrel Rd suite 101, Chattanooga, TN 37421

Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully redeveloped medical building with prominent medical tenants.
Where is this medical office space located?
The property is located at 1949 Gunbarrel Rd Chattanooga, TN.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Fully redeveloped medical building.; Prominent tenants including CHI Memorial and affiliated services.; On‑site lab, X‑Ray, and nuclear medicine facilities.
(615) 493-9223 Call to check price and availability
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