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7308 Shallowford Rd
Chattanooga, TN 37421

Retail Property For Sale

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Executive Summary

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 20,000+ 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 Chattanooga's fastest growing suburban market.

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

4,800 SF

Building Class

Year Built

2018

Price

$2,630,940 CAD

Price Per SF

$548 CAD

Cap Rate

5.51%

NOI

$144,879 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.30

Lot Size

0.37 AC

Zoning

C-2 - Commercial Zoning

Parking

15 Spaces (10 Spaces per 1,000 SF Leased)

Frontage

80 ft on Shallowford Road

Amenities

Dedicated Turn Lane
Freeway Visibility

Pylon Sign

Signage

Tenant Controlled HVAC

PROPERTY TAXES

Parcel Numbers	Multiple 149H-E-003 149H-E-004	Improvements Assessment	$0 CAD
Land Assessment	$0 CAD	Total Assessment	$2,921,726 CAD

PROPERTY TAXES

Parcel Numbers

Multiple

149H-E-003
149H-E-004

Land Assessment

$0 CAD

Improvements Assessment

$0 CAD

Total Assessment

$2,921,726 CAD

Listing ID: 33232797
Date on Market: 2024-09-19
Last Updated:
Address: 7308 Shallowford Rd, Chattanooga, TN 37421

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