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    929 Spring Creek Rd Chattanooga, TN 37412

    Sponsored
    For Lease
    $20 SF/Yr

    Fully renovated, prime medical office space.

    Lot size:
    27,770 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 27,770 square foot office building, located at 929 Spring Creek Rd, Chattanooga, TN 37412, presents a unique investment opportunity. Situated in Hamilton County, this Class B property boasts a convenient single-tenancy configuration, ideal for a variety of uses. The building comprises two stories and offers ample on-site parking, a significant advantage in a busy urban setting. Its strategic location near I-24 and Parkridge East Hospital provides excellent accessibility and visibility. The property has undergone a complete renovation, ensuring modern and functional spaces tailored to meet the needs of today's businesses. The building's traditional office layout is complemented by its suitability for executive or medical office practices. Strong co-tenants are already established within the building, creating a vibrant and collaborative environment. This property is a turnkey solution for businesses seeking a well-maintained, conveniently located, and fully renovated office space in a thriving Chattanooga neighborhood. The building's versatility, coupled with its prime location and recent renovations, makes it an attractive proposition for discerning investors and businesses alike. The property's size and amenities make it suitable for a wide range of medical or traditional office uses.

    Property Features for 929 Spring Creek Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,770 SF
    Class
    B
    Total Rate
    46283.33

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    2,300 SF
    Rate per SF
    $20
    Property Profile Location Intelligence

    Current Use by Public Records

    Nabil Wadie Malek Internist Meeca Walker Obstetrician-Gynecologist Delmon Ashcraft Obstetrician-Gynecologist Jordan P. Staton, ... Doctor Nabil Malek Internist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair 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
    -85.2189072
    Latitude
    35.0000186

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    FAQs

    What type of property is this?
    Medical office - Fully renovated, prime medical office space.
    Where is this medical office located?
    The property is located at 929 Spring Creek Rd Chattanooga, TN.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    Request Owner's contact information
    929 Spring Creek Rd Chattanooga, TN 37412
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    Chattanooga, TN 37412
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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
    929 Spring Creek Rd Chattanooga, TN 37412
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