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Restaurant Condo with Existing Lease
For Sale
Contact for pricing
Pending

100 Market St, Chattanooga, TN 37402

Restaurant condo unit leased to Leapin' Leprachun under a five-year term, with the tenant expanded into an adjacent unit.

Property Size895 SF
Days on Market218

Property Features for 100 Market St

General Information

Standard status Pending
Size 895 SF
Property subtype Mixed Use, Office, Retail
Zoning D-RM-4
Occupancy 100%
Investment Type Net Lease

Building Details

Year Built 2001
Units 1
Tenancy Single
Listing Agency: Herman Walldorf Commercial, Inc.
Listed By: Benjamin Pitts · License #TN 303232
Source: Crexi
Added: Feb 2 Changed: Aug 31 Last Checked: Aug 29 at 8:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Herman Walldorf Commercial, Inc.

Investment Insights

Based on property information with market context.

This commercial/retail condo unit is currently occupied by a restaurant tenant operating as Leapin' Leprachun. The business is in the middle of a five-year lease term and is approximately two years into the agreement. In February 2021, the tenant expanded into the adjacent unit, reflecting the ongoing strength of the operation. All units in the development are owned by one seller.

The property is located by the Market Street bridge, across from the Tennessee Aquarium, on the corner of 1st St and Market St. The restaurant space is part of a mixed-use development with residential condos above, creating a built-in day-to-day customer base associated with the surrounding downtown environment.

Key Highlights

  • Restaurant condo unit leased to Leapin' Leprachun under a 5‑year term; tenant is 2 years into the lease
  • Tenant expanded into an adjacent unit in February 2021
  • Located at the corner of 1st St and Market St, by the Market Street bridge across from the Aquarium

Property Analytics

Current Use

Downtown Dough Chattanooga Bakery Republic Parking Parking Lot & Garage Chattanooga TN Wedding ... Photography Service Fall (2009) Sculpture ... Sculpture Scenic City Souvenirs ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Florist Garden Center Tanning Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,499
Businesses Nearby
166k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Hotels & Casinos 28% Leisure 19% Shops & Services 11%
AMC CLASSIC Majestic 12 Leisure
17,819 visits/mo 0.2 miles
Holiday Inn & Suites Chattanooga Downtown, an IHG Hotel Hotels & Casinos
14,703 visits/mo 0.3 miles
Tennessee Aquarium IMAX 3D Theater Leisure
14,304 visits/mo 0.2 miles
Shell Shops & Services
13,823 visits/mo 0.5 miles
Chili's Grill & Bar Dining
13,135 visits/mo 0.3 miles

Demographics for 37402, TN

4,464
Population
3,207
Households
1.4
Avg Household Size
38
Median Age
30%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
3,434
Density / Sq Mi
$28,829
Median Household Income
$42,515
Median Earnings
$673
Median Rent
$460,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant condo unit leased to Leapin' Leprachun under a five-year term, with the tenant expanded into an adjacent unit.
Where is this conventional restaurant located?
The property is located at 100 Market St Chattanooga, TN.
What are key features of this property?
This property features: Restaurant condo unit leased to Leapin' Leprachun under a 5‑year term; tenant is 2 years into the lease; Tenant expanded into an adjacent unit in February 2021; Located at the corner of 1st St and Market St, by the Market Street bridge across from the Aquarium
(423) 756-2400 Call to check price and availability
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