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Sportsman’s Warehouse-Anchored Shopping Center
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Pending

6231 Perimeter Dr, Chattanooga, TN 37421

Built in 1985 and currently 100% leased, the center offers strong parking and freeway visibility at a major highway convergence.

Property SizeContact for details
Days on Market142

Property Features for 6231 Perimeter Dr

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Marcus & Millichap - Atlanta
Listed By: Marc Irvin · License #GA: 348971
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 29 at 3:52AM

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 - Atlanta

Investment Insights

Based on property information with market context.

Perimeter Place is a Sportsman’s Warehouse-anchored shopping center built in 1985. The center totals 157,685 square feet and is currently 100% occupied, with 19 of 19 units leased. Featured tenants include Splitz Alley, Planet Fitness, SalonCentric, and Cycle Gear. The property also features a pylon sign and freeway visibility in a high-traffic area.

Perimeter Place is located just off I-75 at the southwest corner of Highway 153 and Highway 64 in Chattanooga, Tennessee, and is less than a mile from Hamilton Place Mall. The center is also less than 1 mile from Chattanooga Airport and less than 4 miles southwest of Volkswagen AG United States’ manufacturing headquarters in the 3,000-acre Enterprise South Industrial Park (ESIP). Traffic counts at the location of State Hwy 153 and Lee Hwy total 77,780 vehicles per day, with I-75 totaling 112,843 vehicles per day.

The shopping center has a 7.78 stalls per 1,000-square-foot parking ratio. The parking lot was entirely resurfaced in 2022, supporting day-to-day customer parking and circulation.

Key Highlights

  • Built in 1985, Perimeter Place is a 157,685 SF Sportsman’s Warehouse‑anchored shopping center in Chattanooga, TN.
  • 100% occupied with 19 of 19 total units leased.
  • Sportsman’s Warehouse recently exercised a 10‑year lease renewal; other tenants include Splitz Alley, Planet Fitness, SalonCentric, and Cycle Gear.

Property Analytics

Current Use

Cathay Massage Spa Alternative Medicine Practice Citizens Savings & Loan Loan Service Discount Liquor Beer ... (Bike/Boat/Book/etc) Store SalonCentric (Bike/Boat/Book/etc) Store Cycle Gear Motorcycle Shop

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Pharmacy Restaurant Furniture & Home Goods Nail 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

825
Businesses Nearby
299k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 41% Dining 26% Shops & Services 24% Apparel 8%
Sam's Club Superstores
122,826 visits/mo 0.4 miles
Sam's Club Gas Station Shops & Services
33,371 visits/mo 0.4 miles
McDonald's Dining
26,254 visits/mo 0.1 miles
Sportsman's Warehouse Apparel
23,409 visits/mo 0.1 miles
Taco Bell Dining
16,392 visits/mo 0.2 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
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Similar Off Market Nearby

  • Perimeter Place 6231 Perimeter Dr, Chattanooga, TN 37421
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  • Lee Pointe 6401 Lee Hwy, Chattanooga, TN 37421

Frequently Asked Questions

What type of property is this?
Shopping center - Built in 1985 and currently 100% leased, the center offers strong parking and freeway visibility at a major highway convergence.
Where is this shopping center located?
The property is located at 6231 Perimeter Dr Chattanooga, TN.
What are key features of this property?
This property features: Built in 1985, Perimeter Place is a 157,685 SF Sportsman’s Warehouse‑anchored shopping center in Chattanooga, TN.; 100% occupied with 19 of 19 total units leased.; Sportsman’s Warehouse recently exercised a 10‑year lease renewal; other tenants include Splitz Alley, Planet Fitness, SalonCentric, and Cycle Gear.
More about this property
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