4747 Hwy 58 Chattanooga, TN 37416-2231
This exceptional Chattanooga, TN retail property offers a compelling investment opportunity. The property consists of three tenants: a Family Dollar, an urgent care facility, and a luxury beauty supply store, occupying a combined 26,210 square feet on a 2.39-acre lot at 4747 and 4749 Hwy 58, zip code 37416. Currently operating at 100% occupancy, this multi-tenant retail center generates a substantial net operating income (NOI) of $204,466, representing a 7.43% cap rate. The asking price is $2,750,000, translating to $104.92 per square foot. The property benefits from a prime location on a major thoroughfare connecting Georgia and Tennessee, ensuring high visibility and accessibility. Surrounded by residential areas and other established businesses, this investment presents a strong potential for continued growth and return. The versatile space is ideal for a variety of retail ventures, making it an attractive option for savvy investors seeking a stable, high-performing asset in a thriving market. This is a net lease investment, minimizing management responsibilities. The property's strategic location within a densely populated area, combined with its strong tenant mix, makes it a highly desirable investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Chattanooga, TNChattanooga. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.