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Walmart Shadow-Anchored Shopping Center
For Lease
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3536 Cummings Highway, Chattanooga, TN 37419

Single-story retail center with finished suites, individual HVAC, restrooms, and NNN lease structures.

Space Size1,200 SF
Property Size45,000 SF
Lot Size9.60 Acres
Days on Market10

Property Features for 3536 Cummings Highway

General Information

Standard status Active
Size 1,200 SF
Total Parking Spaces 150
Lot size 9.60 Acres
Property subtype Retail
Zoning C-2

Space & Availability

Space Use Retail
Furnished No

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Flexible Term Yes
Sprinkler System Yes

Building Details

Year Built 2005
Stories 1
Building Size 45,000 SF
Tenancy Multi

Spaces For Lease

at 3536 Cummings Highway Contact us

A-2-B

Size
1,200 SF
Availability
Active
Contact us
Listing Agency: Alea Properties
Listed By: Albert Edward · License #OH
Source: Crexi
Added: Sep 3 Changed: Sep 11 Last Checked: Sep 11 at 2:31PM

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 Alea Properties

Investment Insights

Based on property information with market context.

This single-story shopping center contains 45,000 SF across 16 units and occupies a 9.6-acre site. The masonry building features brick and stucco storefronts, insulated aluminum glazing, dropped acoustic ceilings, restrooms, individually metered suites, and separate rooftop HVAC systems. NNN leases support a range of retail, service, salon, medical, and quick-service configurations.

Walmart Supercenter serves as the property’s shadow anchor, with Dollar Tree as a junior anchor. The center shares Walmart’s entrance and parking field and includes about 150 on-site parking spaces, along with access to the adjoining Walmart lot. The property fronts Cummings Highway and is bordered by I-24 on three sides, with reported 2022 traffic counts of about 64,000 vehicles per day on I-24 and 14,700 on Cummings Highway.

The site is zoned C-2 Convenience Commercial by the City of Chattanooga and is designated FEMA Flood Zone X.

Key Highlights

  • 45,000 SF shopping center with 16 units
  • Walmart Supercenter shadow anchor and Dollar Tree junior anchor
  • 9.6‑acre site with about 150 parking spaces plus use of the adjoining Walmart lot

Property Analytics

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Current Use

Lookout Valley Veterinary ... Veterinary Clinic Dab City Tobacco ... (Bike/Boat/Book/etc) Store LemonGrass Thai Restaurant Meraki beauty and wellness Alternative Medicine Practice Dr. Neil Kjos Alternative Medicine Practice

Suggested Use

Top Pick Dental Office Law Firm Electrical Service Pharmacy Big Box & Wholesale Store (Bike/Boat/Book/etc) 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.

Lease Details

Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby
268k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 31% Shops & Services 30% Superstores 28% Hotels & Casinos 6%
Walmart Superstores
74,842 visits/mo 0.1 miles
Circle K Shops & Services
38,562 visits/mo 0.5 miles
Wendy's Dining
16,963 visits/mo 0.3 miles
Logan's Roadhouse Dining
16,826 visits/mo 0.3 miles
Murphy USA Shops & Services
16,408 visits/mo 0.2 miles

Demographics for 37419, TN

6,438
Population
2,952
Households
2.2
Avg Household Size
45
Median Age
48%
College-Educated
92%
High-School Grad
49.0 sq mi
ZIP Area
131
Density / Sq Mi
$86,029
Median Household Income
$51,528
Median Earnings
$979
Median Rent
$302,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Shopping center - Single-story retail center with finished suites, individual HVAC, restrooms, and NNN lease structures.
Where is this shopping center located?
The property is located at 3536 Cummings Highway Chattanooga, TN.
What are key features of this property?
This property features: 45,000 SF shopping center with 16 units; Walmart Supercenter shadow anchor and Dollar Tree junior anchor; 9.6‑acre site with about 150 parking spaces plus use of the adjoining Walmart lot
More about this property
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