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Shopping Center with Grocery Anchor
For Sale
Contact for pricing
Pending

3715 Ringgold Rd, East Ridge, TN 37412

Multi-building shopping center anchored by Food City, offering extensive parking and major road frontage.

Property SizeContact for details
Days on Market133

Property Features for 3715 Ringgold Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: RE/MAX Renaissance Realtors
Listed By: Katie Ashley · License #TN 328449
Source: Crexi
Added: Apr 12 Changed: Aug 14 Last Checked: Aug 22 at 4:24AM

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 RE/MAX Renaissance Realtors

Investment Insights

Based on property information with market context.

The Osborne Shopping Center is a large multi-building retail property anchored by a Food City location and supported by additional retail and automotive/sales and service uses across five total buildings, plus an added parking/outparcel. The offering is supported by 475+ parking spaces and approximately 2200+ feet of road frontage, with estimated annual average daily traffic of 21,000 cars. Parcels included in the sale cover the Food City building (Parcel #168d F 002), a Food City outparcel/parking lot (Parcel #168d J 031), and multiple retail shopping center parcels (Parcel #168d F 001, Parcel #168e H 016, and Parcel #168e H 019). The group also includes Parcel #168d F 001.01 for Kingwood Auto Sales/Service Center.

Over half of the property is located within the East Ridge Border Region Incentive (BRI) opportunity zone. Please note that the Food City building and the outparcel/parking lot are not included within the BRI opportunity zone; the remaining parcels are included. The property is described as being blocks from the East Ridge tunnel, providing access to Downtown Chattanooga.

The center has been a community staple since 1950 and is noted in the remarks as including multiple restaurants, a gym/fitness center, an animal hospital, motor vehicle sales and service, business offices, and hair/nail salons among the tenant mix.

Key Highlights

  • Multi‑building shopping center anchored by Food City, with 5 total buildings
  • Over 140,000 +/- total SF across the retail shopping centers and Food City facilities
  • Over 12+ acres with an added parking/outparcel and 475+ parking spaces

Property Analytics

Current Use

Western Union Bank Cynthia Waldron Pharmacy Walter Dart Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon

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

Location Intelligence

Trade Area within ½ mile

412
Businesses Nearby
105k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 43% Shops & Services 35% Home Improvements & Furnishings 12% Dining 11%
Food City Groceries
40,322 visits/mo 0.2 miles
Dollar Tree Shops & Services
19,540 visits/mo 0.4 miles
Elder's Ace Hardware-East Ridge Home Improvements & Furnishings
12,161 visits/mo 0.3 miles
Little Caesars Pizza Dining
8,137 visits/mo 0.0 miles
Family Dollar Shops & Services
5,321 visits/mo 0.2 miles

Demographics for 37412, TN

21,881
Population
10,305
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.7 sq mi
ZIP Area
2,515
Density / Sq Mi
$56,600
Median Household Income
$37,858
Median Earnings
$1,120
Median Rent
$182,600
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
Rey
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Similar Off Market Nearby

  • Village In East Ridge 3920 Ringgold Rd, Chattanooga, TN 37412
  • Tennessee's First Shopping Center 3756 Ringgold Rd, East Ridge, TN 37412

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-building shopping center anchored by Food City, offering extensive parking and major road frontage.
Where is this shopping center located?
The property is located at 3715 Ringgold Rd East Ridge, TN.
What are key features of this property?
This property features: Multi‑building shopping center anchored by Food City, with 5 total buildings; Over 140,000 +/- total SF across the retail shopping centers and Food City facilities; Over 12+ acres with an added parking/outparcel and 475+ parking spaces
(423) 255-9705 Call to check price and availability
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