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Downtown Chattanooga Restaurant Space
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423 Market St, Chattanooga, TN 37402

Second-generation restaurant space in the heart of downtown Chattanooga.

Space Size1,790 SF
Property Size26,877 SF
Days on Market268

Property Features for 423 Market St

General Information

Standard status Active
Size 1,790 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 26,877 SF
Year Built 1900

Spaces For Lease

at 423 Market St Contact us

423 Market St

Size
1,790 SF
Type
Restaurant
Term
84.0
Rate
Contact for pricing
Contact us
Listing Agency: SVN Second Story Real Estate Management
Listed By: Kelly Fitzgerald · License #TN #339695
Source: Svn
Added: Nov 21, 2025 Changed: Aug 14 Last Checked: Aug 16 at 4:12AM

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 SVN Second Story Real Estate Management

Investment Insights

Based on property information with market context.

Located in downtown Chattanooga, the property at 420 Broad Street offers high visibility and foot traffic. Situated within the Jack’s Alley retail and dining district, the space benefits from traffic from locals, professionals, and tourists. The property is surrounded by restaurants, shops, offices, and cultural attractions, and is near the Tennessee Aquarium, Riverfront Park, and the Walnut Street Bridge. The area is walkable and has access to public transportation, structured parking, and thoroughfares.

Key Highlights

  • Unparalleled visibility and foot traffic in Downtown Chattanooga.
  • Located in the vibrant Jack’s Alley retail and dining district.
  • Surrounded by thriving restaurants, boutique shops, and cultural attractions.

Property Analytics

Current Use

Taco Mac Chattanooga Restaurant

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic HVAC Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,514
Businesses Nearby
142k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Hotels & Casinos 32% Leisure 23% Shops & Services 4%
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 0.1 miles
Tennessee Aquarium IMAX 3D Theater Leisure
14,304 visits/mo 0.3 miles
Chili's Grill & Bar Dining
13,135 visits/mo 0.1 miles
Buffalo Wild Wings Dining
12,354 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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Similar Off Market Nearby

  • Chattanooga Catering 232 E 11th St, Chattanooga, TN 37402
  • Two Lost Cajuns Catering 701 Cherry St, Chattanooga, TN 37402
  • Bertin's Taste of New Orleans Chattanooga, TN 37403, United States
  • Five Star Breaktime Solutions - Headquarters 412 E 10th St, Chattanooga, TN 37403
  • AF Catering 2 Broad St, Chattanooga, TN 37402

Frequently Asked Questions

What type of property is this?
Restaurant - Second-generation restaurant space in the heart of downtown Chattanooga.
Where is this restaurant located?
The property is located at 423 Market St Chattanooga, TN.
What are key features of this property?
This property features: Unparalleled visibility and foot traffic in Downtown Chattanooga.; Located in the vibrant Jack’s Alley retail and dining district.; Surrounded by thriving restaurants, boutique shops, and cultural attractions.
More about this property
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