Restaurant and Retail Multi-Building
1800 Dayton Blvd Chattanooga, TN 37405
1800 Dayton Blvd, Chattanooga, TN, 37405
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For Sale
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Two-building restaurant property with dedicated on-site parking and high visibility along Dayton Blvd in Chattanooga.
Property Size4,430 SF
Price / SF$203.16
Days on Market142
Property Features for 1800 Dayton Blvd
General Information
- Standard status
- Active
- Size
- 4,430 SF
- Property subtype
- Hospitality, Retail
Listing agency
Merchant Real Estate Group
(423) 280-3307
Listed by
Andrew Holt · License #329681
Source
Crexi
Added: Mar 2 Updated: Jul 22 at 9:28AM Checked: Jul 22 at 9:28AM
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 Merchant Real Estate Group
Investment Insights
Based on property information with market context.
The site includes two separate parcels and two buildings, providing flexibility for a new restaurant or retail operation. The front building totals approximately 2,430± SF and was formerly operated as a restaurant. The rear building totals approximately 2,000± SF and was previously used for restaurant administration and storage, with space that may be reconfigured for other uses.
The property is positioned with high visibility along Dayton Blvd and offers access to Downtown and the Northshore. It also includes dedicated on-site parking, and the sale/lease is noted as including 1804 Dayton Blvd (parcel 126F E 003) for parking.
Buyer/tenant should verify any details deemed necessary. Building and parcel information was obtained from tax records.
The property is positioned with high visibility along Dayton Blvd and offers access to Downtown and the Northshore. It also includes dedicated on-site parking, and the sale/lease is noted as including 1804 Dayton Blvd (parcel 126F E 003) for parking.
Buyer/tenant should verify any details deemed necessary. Building and parcel information was obtained from tax records.
Key Highlights
- Two separate parcels with two buildings on Dayton Blvd in Chattanooga
- Front building: approx. 2,430± SF previously operated as a restaurant
- Rear building: approx. 2,000± SF used for restaurant admin and storage (reconfigure for other uses)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.5k | $13.20 |
| − Vacancy | −$3.5k | −$0.79 |
| EGI | $55.0k | $12.41 |
| − OpEx | −$13.7k | −$3.10 |
| NOI | $41.2k | $9.31 |
4,430 SF · lease $13.20/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$588.9K
$515.3K – $687.1K
NOI $41,226 @ 7.0% cap · market cap 4.58%
Second Best
Retail
$489.1K
$427.9K – $570.6K
NOI $34,235 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$978.4K
$856.1K – $1.14M
NOI $68,487 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sabor Modern Latino ...
Restaurant
Mojo Burrito
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Two-building restaurant property with dedicated on-site parking and high visibility along Dayton Blvd in Chattanooga.
Where is this conventional restaurant located?
The property is located at 1800 Dayton Blvd Chattanooga, TN.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two separate parcels with two buildings on Dayton Blvd in Chattanooga; Front building: approx. 2,430± SF previously operated as a restaurant; Rear building: approx. 2,000± SF used for restaurant admin and storage (reconfigure for other uses)
