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Property profile & analytics
FOR LEASE
Office Spaces

605 Chestnut St Chattanooga, TN 37450

226,644 SF 0.35 ac lot Built 1979
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US80-0423256
Property summary
AI-generated overview

This exceptional Class A office space, located on the 7th floor of the prestigious Liberty Tower in downtown Chattanooga's Central Business District, offers 12,307 rentable square feet (11,490 usable square feet). The entire floor is fully furnished at no additional cost, providing immediate occupancy. Enjoy breathtaking 360-degree views of the city from this modernly-designed space, featuring abundant natural light from windows on all sides. A sublease is available until May 31, 2027, with the possibility of a direct lease for qualified tenants seeking a longer-term commitment. The building, constructed in 1979, is a 16-story structure with elevators. Conveniently located, this space offers easy access to major highways and interstates. Thirty-one parking spaces are available for lease at $88 per month in a nearby garage, connected via a covered pedestrian bridge. The property's APN is 145C D 001.01, and it's situated in Hamilton County. This is a rare opportunity to secure a fully furnished, high-profile office space in a prime downtown location. The total building size is 226,644 square feet.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1979
Total area 226,644 SF
Lot 0.35 ac (15,422 SF)
Zoning code C3
APN 145C D 001.01
UPID US80-0423256
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Nooga Foundation Repair Solutions Building Supply Factory
  • investment route Financial Advisor
  • Amerifoods Importer
  • Dako Group Employment Agency
  • Liberty Tower Corporate Office Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$20.18M
Blend (final) Blend
$20.19M
Owner & transaction history
Liberty Tower LLC · 14 yrs held
Liberty Tower LLC
since 2011
6 recorded transactions
2019
Price N/A
2014
Price N/A
2011
Price N/A
2010
$4.0M
1996
Price N/A
1969
Price N/A
Zoning & alternative use
C3 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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