Single-Story Retail/Office
6245 Chester Street Arlington, TN 38002
6245 Chester Street, Arlington, TN, 38002
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For Sale
Contact for pricing
Single-story brick building with two storefronts, including an operating barber shop and a secondary boutique-style space.
Property Size1,305 SF
Price / SF$268.20
Days on Market85
Property Features for 6245 Chester Street
General Information
- Standard status
- Active
- Size
- 1,305 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1930
Listing agency
NAI Saig Company
(901) 410-3311
Listed by
James McCraw, CCIM · License #TN 340992
Source
Crexi
Added: Apr 29 Updated: Jul 22 at 7:05AM Checked: Jul 22 at 7:05AM
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 NAI Saig Company
Investment Insights
Based on property information with market context.
This single-story brick retail/office building offers two storefront spaces within the same structure. One unit is currently occupied by an established barber shop, and the second space is a boutique-style retail/office storefront. The property totals approximately 1,305 square feet.
Located at 6245 Chester Street in Arlington, the building sits on Arlington Town Square and is surrounded by walkable local businesses and retail activity.
The flexible two-frontage configuration supports an owner-user arrangement while also maintaining separate retail storefront presence for an investor scenario with the current tenant in place.
Located at 6245 Chester Street in Arlington, the building sits on Arlington Town Square and is surrounded by walkable local businesses and retail activity.
The flexible two-frontage configuration supports an owner-user arrangement while also maintaining separate retail storefront presence for an investor scenario with the current tenant in place.
Key Highlights
- 1,305 SF single‑story brick retail/office building built in 1930
- Two storefronts: an established barber shop plus a secondary boutique‑style space
- Currently leased with the barbershop tenant
Local Financial Insights For 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 | $18.8k | $14.40 |
| − Vacancy | −$1.9k | −$1.44 |
| EGI | $16.9k | $12.96 |
| − OpEx | −$5.1k | −$3.89 |
| NOI | $11.8k | $9.07 |
1,305 SF · lease $14.40/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$169.1K
$148.0K – $197.3K
NOI $11,839 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$264.2K
$231.1K – $308.2K
NOI $18,491 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shelly's Barber Shop
Barber Shop
Barber Shop On the Square
Barber Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Kroger Floral — Arlington, TN 38002
FAQs
What type of property is this?
Storefront property - Single-story brick building with two storefronts, including an operating barber shop and a secondary boutique-style space.
Where is this storefront property located?
The property is located at 6245 Chester Street Arlington, TN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,305 SF single‑story brick retail/office building built in 1930; Two storefronts: an established barber shop plus a secondary boutique‑style space; Currently leased with the barbershop tenant
