7308 Shallowford Rd - Storefront Retail/Office FOR SALE


Chattanooga, TN 37421- Hickory Valley-Hamilton Place
$1,950,000 USD
423-598-1469
7308 Shallowford Rd, Chattanooga, TN for Sale
$1,950,000 USD
Storefront Retail/Office - FOR SALE
1/48
null | 6.4% Cap Rate

7308 Shallowford Rd
Chattanooga, TN 37421
Hickory Valley-Hamilton Place


HIGHLIGHTS

  • Below-Market In-Place Rents with Near-Term Upside
  • NNN Lease Structure
  • Embedded Value-Add Opportunity
  • Functional Freestanding Building
  • Prime East Brainerd / Shallowford Road Retail Corridor
  • Strong Chattanooga Market Dynamics

OVERVIEW

Fletcher Bright Realty is pleased to offer this rare opportunity to own a value-add investment in Chattanooga, TN’s strongest retail sector. Located just off of the I-75 exit to Shallowford Road, the Property benefits from 23,000+ VPD, ensuring any business owner all the traffic and visibility their business can handle. The property features large storefront windows, ample parking, and a versatile open floor plan that can be customized to suit various business needs. Currently occupied by a strong tenant with substantially below market rents, making this the perfect value-add retail investment for the savvy investor. Whether you're looking to expand your business or invest in a thriving retail location, this property offers a great opportunity in the heart of Chattanooga's fastest growing suburban market.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$406 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

C-C

APN/PARCEL ID

149H-E-003

ASK ABOUT THIS PROPERTY

Trace WalkerFletcher Bright RealtyMore Info
423-598-1469

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Trace WalkerFletcher Bright RealtyMore Info
423-598-1469

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.