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    Property profile & analytics

    7601 Brainerd Rd Chattanooga, TN 37421

    • Office space
    • 46,240 SF
    For Lease
    View listing
    $21 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1715228
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Little Caesars Pizza / Restaurant
    • Goodwill Store E. Brainerd / Discount Store / Home Goods Store
    • China House / Restaurant
    • El Tapatio Mexican Restaurant / Restaurant
    • Insurance Systems of Tn / Insurance Agency

    Property Details for 7601 Brainerd Rd

    Property size
    46,240 SF
    Property type
    Office space
    Property subtype
    Medical offices

    Description

    Stratman Crossing offers a unique opportunity to lease office space in a newly constructed, high-end building located in East Brainerd. This single-story building, totaling 46,240 square feet, features six individual suites, providing flexibility for various business needs. The property underwent a complete renovation in 2021, following significant damage sustained during the Easter 2020 tornadoes. The result is a stunning structure boasting sophisticated stone fascia and architectural details. Currently, one 1,600-square-foot suite is available for lease. This space offers an open floor plan, allowing for adaptable layouts to suit individual tenant requirements, whether maintaining an open concept or undertaking a custom build-out. The building provides convenient access to ample parking, with 210 spaces available for tenants and their clients. The property's location is further enhanced by its proximity to El Tapitio, a new restaurant soon to open, adding to the vibrancy of the center. This prime location and modern amenities make this an exceptional opportunity for businesses seeking a high-quality, well-appointed office space in a thriving community. The property is classified as suitable for traditional office, medical office, and creative office uses, reflecting its versatility and appeal to a broad range of potential tenants.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.157146564965
    Latitude
    35.013512327722

    Comparable in this City

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    • $16 SF/Yr
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      5948 Brainerd Rd

      Office space • 4,700 SF
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      Chattanooga Class A Office Building

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      Kensington Place Office Space

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      Chattanooga Office/Retail Space

      Prime Chattanooga location, 4,795 sq ft, 20 parking spaces.
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      Executive Business Park Office Suites

      Chattanooga Office Space: 1,628-3,486 sq ft
      6025 Lee Hwy, Chattanooga, TN 37421
      View Details

    Similar Nearby for Sale

    • $1,149,000
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      Chattanooga Mixed-Use Property

      Prime East Brainerd Rd location. Two buildings, high visibility.
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      Hamilton Place Retail/Medical Freestanding Building

      Freestanding building in Hamilton Place shopping/medical corridor, excellent visibility.
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      58,890 SF

      Class A Office Space Available

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      High-performing, 19,000 SF office complex
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    Similar Nearby for Lease

    • $25 SF/Yr
      4,660 SF

      Prime Chattanooga Outparcel

      Retail/Medical Office Space Available
      2200 Hamilton Place Blvd, Chattanooga, TN 37421
      View Details
    • $16 SF/Yr
      4,700 SF

      5948 Brainerd Rd

      Office space • 4,700 SF
      5948 Brainerd Rd, Chattanooga, TN 37421
      View Details
    • $20 SF/Yr
      1,944 SF

      Kensington Place Office Space

      Chattanooga Office: High Visibility, Build-to-Suit
      7405 Shallowford Rd, Chattanooga, TN 37421
      View Details
    • $24 SF/Yr
      33,758 SF

      Chattanooga Class A Office Building

      Prime Chattanooga office space, multiple suites available.
      1200 Pointe Center Dr, Chattanooga, TN 37421
      View Details
    • Contact for pricing
      4,795 SF

      Chattanooga Office/Retail Space

      Prime Chattanooga location, 4,795 sq ft, 20 parking spaces.
      8021 Brainerd Rd, Chattanooga, TN 37421
      View Details
    • $12 SF/Yr
      63,441 SF

      Executive Business Park Office Suites

      Chattanooga Office Space: 1,628-3,486 sq ft
      6025 Lee Hwy, Chattanooga, TN 37421
      View Details

    Property Visit Statistics

    • Visits by month
      19.3k
    • Visitors by month
      17.7k
    • Avg Time on site
      44 min
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    Chattanooga, TN 37421
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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