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Freestanding QSR Restaurant
For Sale
$4,494,000

1833 Gunbarrel Rd, Chattanooga, TN 37421

For sale Raising Cane's restaurant property with a listed 4.45% return metric.

Property Size2,913 SF
Price / SF$1,542
Days on Market126

Property Features for 1833 Gunbarrel Rd

General Information

Standard status Active
Size 2,913 SF
Property subtype Restaurant
Occupancy 100%

Financials

Cap Rate 4.45%
Business Included Yes

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap | San Diego
Listed By: Phil Sambazis · License #License(s): CA: 01474991
Source: Marcusmillichap
Added: Apr 3 Changed: Jul 21 Last Checked: Aug 6 at 3:26AM

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 Marcus & Millichap | San Diego

Investment Insights

Based on property information with market context.

Marcus & Millichap presents the Raising Cane's restaurant in Chattanooga, Tennessee. The property is offered for sale at a listed price of $4,494,000 with a stated 4.45% figure.

The address is 1833 Gunbarrel Rd, Chattanooga, TN 37421. The listed property size is 2,913 square feet, as provided in the offering information.

This is a conventional restaurant asset configured for a quick-service concept, supported by the sale offering and the provided return metric.

Key Highlights

  • Raising Cane's restaurant property for sale in Chattanooga, TN
  • Listed 4.45% return metric

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) 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

100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,540
Businesses Nearby
601k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 32% Shops & Services 17% Home Improvements & Furnishings 14% Groceries 10%
Best Buy Electronics
56,070 visits/mo 0.3 miles
Hobby Lobby Shops & Services
52,674 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
42,198 visits/mo 0.5 miles
Publix Groceries
41,666 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
40,196 visits/mo 0.4 miles

Demographics for 37421, TN

51,686
Population
23,978
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
92%
High-School Grad
31.7 sq mi
ZIP Area
1,630
Density / Sq Mi
$79,958
Median Household Income
$44,452
Median Earnings
$1,313
Median Rent
$299,600
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - For sale Raising Cane's restaurant property with a listed 4.45% return metric.
Where is this conventional restaurant located?
The property is located at 1833 Gunbarrel Rd Chattanooga, TN.
What is the asking price?
The asking price for this property is $4,494,000.
What are key features of this property?
This property features: Raising Cane's restaurant property for sale in Chattanooga, TN; Listed 4.45% return metric
More about this property
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