2034 Hamilton Place BlvdChattanooga, TN 37421

Property Details for 2034 Hamilton Place Blvd

Year built

2007

Lot size

1.81 AC

Property size (Sq ft)

79,120 SF

Property type

Office properties

APN

148M G 005.01

APU

148MG00501

Description

This exceptional 2,127 square foot office suite, located at 2034 Hamilton Place Boulevard in Chattanooga, Tennessee (zip code 37421), presents a fantastic sublease opportunity. Situated on the first floor of CBL Center II, this single-tenant space boasts a highly desirable location directly adjacent to the center's ample free surface parking lot, ensuring convenient access for employees and clients. The suite is classified as a Traditional, Executive, and Creative Office space, offering versatility for a variety of business needs. The current sublandlord, a prominent global media and technology company, is offering a negotiable tenant improvement allowance to the right subtenant, allowing for customization to perfectly suit your business requirements. The space is offered at a full-service rate of $23 per square foot. Hamilton County location provides easy access to major transportation routes and amenities. This is an unparalleled opportunity to secure a well-located, adaptable office space in a thriving Chattanooga business environment. The property is easily accessible from major roadways and offers convenient access to a variety of amenities. This is a rare opportunity to secure a high-quality office space in a prime Chattanooga location.

• CAP approach

  CAP return

  Valuation

  6%

  $16,734,225

  6.5%

  $15,446,977

  7%

  $14,343,621

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,887,855

  Geo Method

  $15,433,147

• Alternative Use

  Use

  Valuation

  Residential

  $19,154,252

  Hospitality

  $17,545,192

  Educational

  $14,597,393

  Medical

  $15,099,420

  Retail

  $22,707,056

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0309

Longitude

-85.1614

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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