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Street-Level Retail Space

511 Market Street, Chattanooga, TN 37402

For Lease
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An open customer area is paired with rear stockroom space, restrooms, and a separate service entrance.

Space Size8,028 SF
Property Size20,550 SF
Days on Market12

Property Features for 511 Market Street

General Information

Standard status Active
Size 8,028 SF
Net Rentable 8,028 SF
Property subtype Retail, Office, Restaurant

Space & Availability

Available Space 8,028 SF
Contiguous Space 8,028 SF
Floor Ground
Space Use Retail

Amenities

glass storefront
restrooms

Building Details

Building Size 20,550 SF
Tenancy Multi

Spaces For Lease

at 511 Market Street
511 Market Street Active
Contact us
Listing Agency: Fletcher Bright Realty
Listed By: Trace Walker · License TN #334693
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 4:28PM

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 Fletcher Bright Realty

Rey
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Investment Insights

Based on property information with market context.

The available street-level retail premises comprise approximately 8,028 SF within a plaza totaling about 20,550 SF. A glass storefront faces Market Street, and the interior includes an open sales area, rear stockroom, restrooms, and a back service door. The space previously housed a national discount retailer.

The property fronts Market Street and Broad Street in Chattanooga’s central business district. Market Court, a 105,000 SF Class A office building, is next door; nearby downtown offices, government facilities, and attractions contribute daytime pedestrian activity.

Key Highlights

  • Approximately ±8,028 SF of street‑level retail space in a plaza of about 20,550 SF
  • Glass storefront facing Market Street; plaza frontage also extends along Broad Street
  • Open sales floor, rear stockroom, restrooms, and rear service door

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

511 Market St ... Parking Lot & Garage Little Venezuela Restaurant Restaurant

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic HVAC Service

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,514
Businesses Nearby
142k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Hotels & Casinos 32% Leisure 23% Shops & Services 4%
AMC CLASSIC Majestic 12 Leisure
17,819 visits/mo 0.2 miles
Holiday Inn & Suites Chattanooga Downtown, an IHG Hotel Hotels & Casinos
14,703 visits/mo 0.1 miles
Tennessee Aquarium IMAX 3D Theater Leisure
14,304 visits/mo 0.3 miles
Chili's Grill & Bar Dining
13,135 visits/mo 0.1 miles
Buffalo Wild Wings Dining
12,354 visits/mo 0.3 miles

Demographics for 37402, TN

4,464
Population
3,207
Households
1.4
Avg Household Size
38
Median Age
30%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
3,434
Density / Sq Mi
$28,829
Median Household Income
$42,515
Median Earnings
$673
Median Rent
$460,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chattanooga, TN

$21.91 /SF/Yr
Avg Asking Price
$14–$29.87 /SF/Yr
Price Range
3,715 SF
Avg Space Size

Properties on Market for Retail space in Chattanooga

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An open customer area is paired with rear stockroom space, restrooms, and a separate service entrance.
Where is this retail space located?
The property is located at 511 Market Street Chattanooga, TN.
What are key features of this property?
This property features: Approximately ±8,028 SF of street‑level retail space in a plaza of about 20,550 SF; Glass storefront facing Market Street; plaza frontage also extends along Broad Street; Open sales floor, rear stockroom, restrooms, and rear service door
(423) 598-1469 Call to check price and availability
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