Freestanding Retail and Office
3450 Brainerd Rd, Chattanooga, TN 37411
For Sale
$300,000
Freestanding building with showroom/retail space, offices, conference room, and off-street parking on a high-traffic corridor.
Property Size2,000 SF
Price / SF$150
Days on Market146
Property Features for 3450 Brainerd Rd
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Traffic Count
Building Details
Building Size
Year Built
Stories
Listing Agency:
Coldwell Banker Commercial Kinard Realty
Listed By:
Shawn Matthews · License TN #314204
(423) 284-3233
Source:
Commercialcafe
Added: Jun 17
Changed: Oct 26
Last Checked: Nov 8 at 2:51AM
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 Coldwell Banker Commercial Kinard Realty
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Investment Insights
Based on property information with market context.
This freestanding commercial building offers approximately 2,000 square feet of flexible retail and office space. The interior includes a spacious retail/showroom area along with a large conference room, two private offices, and two restrooms. The exterior has been modernized and features large storefront windows to support storefront-oriented presentation. Additional visibility is provided by a roadside pole sign, and the property includes off-street parking for customer and staff convenience.
The property is located at 3450 Brainerd Road in Chattanooga, Tennessee, on one of the area’s most heavily traveled commercial corridors. The frontage provides strong street exposure with visibility to more than 40,000 vehicles per day. Access is described as convenient to Downtown Chattanooga, East Ridge, and Interstate 24.
With zoning of C-2, the building can support a variety of commercial uses and is well-suited for an owner-user seeking a professional storefront with back-office functionality. The combination of showroom/retail space, multiple offices, and a conference room also fits service-oriented and office-based users that want a customer-facing presence, along with on-site parking.
The property is located at 3450 Brainerd Road in Chattanooga, Tennessee, on one of the area’s most heavily traveled commercial corridors. The frontage provides strong street exposure with visibility to more than 40,000 vehicles per day. Access is described as convenient to Downtown Chattanooga, East Ridge, and Interstate 24.
With zoning of C-2, the building can support a variety of commercial uses and is well-suited for an owner-user seeking a professional storefront with back-office functionality. The combination of showroom/retail space, multiple offices, and a conference room also fits service-oriented and office-based users that want a customer-facing presence, along with on-site parking.
Key Highlights
- Freestanding commercial building on Brainerd Road at 3450 Brainerd Rd
- Approximately 2,000 SF flexible retail/showroom or office space with large storefront windows
- Interior includes a spacious retail/showroom area, large conference room, two private offices, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,950
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,000
$459.0K
Cap Rate 7%
$327,857
$327.9K
Cap Rate 9%
$255,000
$255.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$36.0K $18.00/SF
− Vacancy
−$5.4K −$2.70/SF
EGI
$30.6K $15.30/SF
− OpEx
−$7.7K −$3.82/SF
NOI
$23.0K $11.48/SF
Area
Chattanooga, TN
Vacancy
15.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,000
Cap Rate 7%
$327,857
Cap Rate 9%
$255,000
Alternative Uses
Best Use
Office B
$327.9K
$286.9K – $382.5K
NOI $22,950 @ 7.0% cap · market cap 7.65%
Second Best
Retail
$220.8K
$193.2K – $257.6K
NOI $15,456 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$441.7K
$386.5K – $515.3K
NOI $30,920 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
40,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Explore this area
Business Placement
Demographics for 37411, TN
17,499
Population
8,807
Households
2
Avg Household Size
40
Median Age
29%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
2,397
Density / Sq Mi
$50,180
Median Household Income
$34,045
Median Earnings
$1,031
Median Rent
$216,800
Median Home Value
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Market
Properties on Market for Retail space in Chattanooga
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding building with showroom/retail space, offices, conference room, and off-street parking on a high-traffic corridor.
Where is this retail space located?
The property is located at 3450 Brainerd Rd Chattanooga, TN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Freestanding commercial building on Brainerd Road at 3450 Brainerd Rd; Approximately 2,000 SF flexible retail/showroom or office space with large storefront windows; Interior includes a spacious retail/showroom area, large conference room, two private offices, and two restrooms
