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Absolute NNN Drive-Through Investment
For Sale
Contact for pricing
Pending

7987 E Brainerd Rd, Chattanooga, TN 37421

Corporate-guaranteed restaurant lease with three extension options and scheduled rent increases.

Property SizeContact for details
Days on Market143

Property Features for 7987 E Brainerd Rd

General Information

Standard status Pending
Property subtype Retail

Site & Location

Drive-Thru Yes
Traffic Count 31,700 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Equipment Included No

Building Details

Buildings 1
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Patrick R. Luther, CCIM · License #CA License No. 01912215
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:17AM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This fee-simple NNN property includes the land and building occupied by Bojangles at 7987 E Brainerd Rd in Chattanooga, Tennessee. The restaurant has drive-through facilities and operates under an absolute NNN lease with no landlord responsibilities. Bo South Tennessee, Inc., doing business as Bojangles, is the tenant, and the lease carries a corporate guarantee. Approximately 10.5 years remain in the current term, followed by three 5-year extension options. Rent increases by 10% every 5 years during the initial term and at the start of each option period.

The property fronts E Brainerd Rd, also designated State Highway 320, with reported traffic of 31,700 vehicles per day. Direct on/off ramp access to Interstate 75 is nearby, and the interstate averages 130,200 vehicles per day. The site is positioned within a regional retail corridor near Target, Walmart Supercenter, Aldi, The Home Depot, Ross Dress for Less, Lowe’s Home Improvement, Publix, Whole Foods, T.J. Maxx, CVS Pharmacy, and Dollar General. The 5-mile trade area includes nearly 100,000 residents and more than 65,000 employees, while the average household income within 1 mile is $95,545.

Key Highlights

  • Absolute NNN lease with zero landlord responsibilities
  • Approximately 10.5 years remaining, plus 3 (5‑year) extension options
  • 10% rent increases every 5 years during the initial term and option periods

Property Analytics

Current Use

Bojangles Restaurant

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Auto Parts 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

31,700 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby
172k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Groceries 32% Shops & Services 17% Home Improvements & Furnishings 7%
Walmart Neighborhood Market Groceries
32,802 visits/mo 0.1 miles
Food City Groceries
21,470 visits/mo 0.3 miles
Taco Bell Dining
15,401 visits/mo 0.4 miles
Elder's Ace Hardware-East Brainerd Home Improvements & Furnishings
12,187 visits/mo 0.2 miles
MAPCO Mart Shops & Services
10,975 visits/mo 0.1 miles

Demographics for 37421, TN

51,686
Population
23,978
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
92%
High-School Grad
31.7 sq mi
ZIP Area
1,630
Density / Sq Mi
$79,958
Median Household Income
$44,452
Median Earnings
$1,313
Median Rent
$299,600
Median Home Value

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?
NNN property - Corporate-guaranteed restaurant lease with three extension options and scheduled rent increases.
Where is this nnn property located?
The property is located at 7987 E Brainerd Rd Chattanooga, TN.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; Approximately 10.5 years remaining, plus 3 (5‑year) extension options; 10% rent increases every 5 years during the initial term and option periods
(480) 221-4221 Call to check price and availability
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