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    1600 E 23Rd St Chattanooga, TN 37404

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    For Lease
    $8 SF/Yr

    44,049 SF retail space, high visibility, convenient access.

    Property size:
    44,049 SF
    Lot size:
    44,049 SF

    Property Features for 1600 E 23Rd St

    General Information

    Size
    44,049 SF

    Building Details

    Year built
    1982

    Source: Kelly Fitzgerald Agent Kelly Fitzgerald

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Food City Retail Space

    Located at 1600 E 23rd Street in Chattanooga, this property, formerly a Food City, offers approximately 44,049 square feet of retail space. The location is highly visible and convenient, situated minutes from downtown. The space is suitable for a big-box retailer, entertainment venue, or grocery store. The property benefits from its location on a high-traffic corridor near downtown Chattanooga, providing strong visibility and easy access for retail customers. The site is positioned along a well-traveled section of E 23rd Street, a key east-west connector between I-24, Missionary Ridge, and the greater Chattanooga metro area. The space is open and flexible, accommodating various retail uses. There are over 200 on-site parking spaces available. The property has high visibility from E 23rd Street and I-24.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Bank of America ATM Atm Kimberly Hawkins Pharmacy Andrew Moyers Pharmacy Food City Pharmacy Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Súper tienda la Estrella, Tienda La Estrella # 2, Tienda La Primavera

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2888937
    Latitude
    35.0206738

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    FAQs

    What type of property is this?
    Grocery and convenience store - 44,049 SF retail space, high visibility, convenient access.
    Where is this grocery and convenience store located?
    The property is located at 1600 E 23Rd St Chattanooga, TN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on E 23rd Street near I-24, minutes from downtown Chattanooga.; - Approximately 44,049 square feet of large-scale retail space.; - Over 200 on-site parking spaces.
    (615) 714-6378
    Request Owner's contact information
    1600 E 23Rd St Chattanooga, TN 37404
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    Chattanooga, TN 37404
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    Realmo Value Estimation

    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.

    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.

    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
    1600 E 23Rd St Chattanooga, TN 37404
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