Mixed-Use Property on East
7235 E Brainerd Rd Chattanooga, TN 37421
7235 E Brainerd Rd, Chattanooga, TN, 37421
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For Sale
Contact for pricing
Two buildings on 1.05 acres with high traffic visibility.
Property Size5,155 SF
Lot Size1.05 Acres
Price / SF$222.89
Days on Market521
Property Features for 7235 E Brainerd Rd
General Information
- Standard status
- Active
- Size
- 5,155 SF
- Lot size
- 1.05 Acres
- Property subtype
- Business for Sale, Mixed Use, Office, Retail
Building Details
- Year Built
- 1993
Listing Agency
Keller Williams Realty Greater Downtown
(423) 664-1900
Listed by
Manuel Martinez · License #308905
Source
Crexi
Added: Feb 11, 2025 Checked: Jul 16 at 9:52 am
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 Keller Williams Realty Greater Downtown
Investment Insights
Based on property information with market context.
This mixed-use property features two separate buildings on 1.05 acres with two separate entrances off East Brainerd Road. The larger building, constructed in 1993, offers approximately 3,583 square feet of retail space. It was designed for high visibility and versatile use, featuring a large sunroom, ample storage, a kitchen, a walk-in cooler, a bathroom, and two reception areas. The sunroom has a separate entrance and was previously used as a community meeting space. Customer parking is available behind the building and in the circular driveway in front. The building also has a newer roof installed in 2016. The second building, built in 1936, provides approximately 1,572 square feet and has been updated with a newer roof (2016), paint, light fixtures, refinished solid hardwood floors, new cabinetry, and craftsman-style window casing, baseboards, trim, and doors. The main level includes an updated kitchen, multiple office spaces, and a bathroom. The upstairs area offers additional finished space, a second bathroom, and extra storage to facilitate more retail space. An original fireplace serves as a focal point for a reception area, meeting space, an additional office, or a storefront. The property is located 1.5 miles from Hamilton Place Mall and a Tesla Service Center, with easy access to restaurants and retail options. Situated at the midpoint between Hixson and Ooltewah, it is 8 miles from either side of the Tennessee River. Interstate 75 is easily accessible, providing a short drive to Downtown Chattanooga (10 miles) and Cleveland, TN (22 miles). The Tennessee/Georgia line is 4.5 miles away, near a multi-million-dollar development including Bass Pro Shops, Top Golf, restaurants, and Camp Jordan.
Key Highlights
- Two separate buildings (3,583 sqft and 1,572 sqft) on 1.05 acres offer versatile options.
- High traffic location on East Brainerd Road (47,000+ VPD) with two separate entrances.
- Prime location: close to Hamilton Place Mall, Tesla Service Center, restaurants, and retail.
Local Financial Insights For Office B
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 | $92.8k | $18.00 |
| − Vacancy | −$13.9k | −$2.70 |
| EGI | $78.9k | $15.30 |
| − OpEx | −$19.7k | −$3.82 |
| NOI | $59.2k | $11.48 |
5,155 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$845.1K
$739.4K – $985.9K
NOI $59,154 @ 7.0% cap · market cap 5.15%
Second Best
Mixed Use
$813.0K
$711.4K – $948.5K
NOI $56,911 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$1.14M
$996.2K – $1.33M
NOI $79,695 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bates Raintree Florist
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two buildings on 1.05 acres with high traffic visibility.
Where is this mixed-use property located?
The property is located at 7235 E Brainerd Rd Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Two separate buildings (3,583 sqft and 1,572 sqft) on 1.05 acres offer versatile options.; High traffic location on East Brainerd Road (47,000+ VPD) with two separate entrances.; Prime location: close to Hamilton Place Mall, Tesla Service Center, restaurants, and retail.
