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    4428 Tn-58 Chattanooga, TN 37416

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    For Sale
    Contact for pricing

    Prime Fast Food Location, High Traffic Area

    Property size:
    3,065 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,065 square foot QSR property, built in 2016, is situated on a one-acre lot at 4428 TN-58 in Chattanooga, Tennessee (zip code 37416). Its prime location, less than half a mile from Highway 153, offers significant street frontage, drive-thrus, ample parking, and excellent visibility. Surrounded by strong traffic generators including Food City, Plaza 58 Shopping Center, and Rite Aid, this property boasts multiple points of ingress and egress. Currently vacant, it presents a rare opportunity for immediate occupancy or repurposing for various commercial uses. Chattanooga's thriving economy, boasting a low retail vacancy rate of 3.0% and rent increases of approximately 4.3% in the past year (according to CoStar data), makes this a compelling investment. The city's robust population of approximately 559,860 in the metro area and 187,030 within Chattanooga itself, coupled with a 3.3% population growth since 2020 (Census.gov), ensures a strong customer base. Chattanooga's economic strength is further evidenced by over $14 billion in new business investment since 2008, a diverse economy encompassing advanced manufacturing, automotive production, and healthcare, and major employers like Amazon, Erlanger Health System, and Volkswagen. This property offers significant potential for a strong return on investment in a rapidly growing market.

    Property Features for 4428 Tn-58

    General Information

    Property type
    Restaurants
    Square Feet
    3,065 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2016

    HighLights

    • Strong fundamentals; turnkey fast food/QSR building available.
    • High‑visibility location on Highway 58, near Hwy 153, with strong co‑tenancy (Food City, Plaza 58 Shopping Center, Rite Aid).
    • Features prominent street frontage, drive‑thrus, ample parking, excellent signage, and multiple access points.
    • Adaptable for various commercial uses.
    • Chattanooga, TN, boasts a low 3.0% retail vacancy rate and 4.3% rent growth (CoStar).
    • Growing metro population (559,860) with strong population growth (3.3% since 2020).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2011119
    Latitude
    35.0838358

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    FAQs

    What type of property is this?
    Restaurant - Prime Fast Food Location, High Traffic Area
    Where is this restaurant located?
    The property is located at 4428 Tn-58 Chattanooga, TN.
    What are key features of this property?
    This property features: Strong fundamentals; turnkey fast food/QSR building available.; High-visibility location on Highway 58, near Hwy 153, with strong co-tenancy (Food City, Plaza 58 Shopping Center, Rite Aid).; Features prominent street frontage, drive-thrus, ample parking, excellent signage, and multiple access points.
    Request Owner's contact information
    4428 Tn-58 Chattanooga, TN 37416
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    Chattanooga, TN 37416
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4428 Tn-58 Chattanooga, TN 37416
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