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Conventional Restaurant Building
For Sale
$3,500,000

2332 Shallowford Village Dr, Chattanooga, TN 37421

For sale conventional restaurant property in Chattanooga, offering a dedicated footprint for food and beverage operations.

Property Size3,600 SF
Price / SF$972.22
Days on Market50

Property Features for 2332 Shallowford Village Dr

General Information

Standard status Active
Size 3,600 SF
Property subtype Restaurant

Additional Details

Cap Rate 5.75%
Listing Agency:
Listed By: Jason Hernandez · License #License(s): CA: 01392646, TN: 377081
Source: Marcusmillichap
Added: Jun 16 Changed: Jul 10 Last Checked: Aug 4 at 2:54AM

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 Jason Hernandez

Investment Insights

Based on property information with market context.

Offered for sale, this conventional restaurant building is sized at approximately 3,600 square feet and is presented as a dedicated commercial real estate asset for restaurant use. The property’s documentation currently lists the public remarks as TBD.

The asset is located at 2332 Shallowford Village Dr in Chattanooga, Tennessee (37421). The information provided does not include additional site specifics such as layout details, parking count, frontage, or building condition.

From an operator or buyer perspective, this offering is best evaluated as a restaurant-oriented property based on its stated use type and overall size. Interested parties should conduct due diligence on the existing improvements and any configuration needed to support their intended restaurant concept, including reviewing all available leasing and building documentation not included in the current remarks. The listing is also associated with a “5.75%” figure in the public remarks; however, the nature of that percentage is not specified in the provided information and should be confirmed during the process.

Key Highlights

  • For sale conventional restaurant property in Chattanooga
  • Dedicated footprint for food and beverage operations
  • Public remarks reference 5.75%

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Electrical Service HVAC Service Parking Lot & Garage Carpet & Flooring Store Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

1,582
Businesses Nearby
441k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Groceries 16% Hotels & Casinos 13% Apparel 11%
Publix Groceries
41,666 visits/mo 0.4 miles
Food City Groceries
28,973 visits/mo 0.4 miles
Starbucks Dining
28,909 visits/mo 0.3 miles
Olive Garden Dining
28,139 visits/mo 0.5 miles
Burlington Apparel
27,361 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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - For sale conventional restaurant property in Chattanooga, offering a dedicated footprint for food and beverage operations.
Where is this conventional restaurant located?
The property is located at 2332 Shallowford Village Dr Chattanooga, TN.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: For sale conventional restaurant property in Chattanooga; Dedicated footprint for food and beverage operations; Public remarks reference 5.75%
More about this property
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