Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8021 Brainerd Rd Chattanooga, TN 37421

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Retail Space, 3 Units Available

    Lot size:
    14,212 SF

    Property Features for 8021 Brainerd Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,212 SF
    Class
    A

    Building Details

    Year Built
    2019
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 8021 Brainerd Rd, Chattanooga, TN 37421 Contact us

    We can help!

    Listing Contact
    Matthew Hill

    Listing Agency: Legacy Commercial Properties Listing Agent: Matthew Hill

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    The Shoppes of East Brainerd, located at 8021 East Brainerd Road, Chattanooga, TN 37421, presents a remarkable opportunity for businesses seeking a Class A retail space. This single-story, 14,212 square foot strip center, built in 2019, boasts a highly visible and easily accessible location, ensuring maximum customer exposure. The property features seven total suites, with three currently available, ranging from 1,505 to 4,795 square feet, providing flexibility for various business needs. Ample parking is provided with 57 spaces available for employees and customers. The meticulously maintained landscaping contributes to a polished and professional image. Modern amenities and versatile floor plans cater to a wide range of businesses, making this an ideal location for immediate occupancy. The property's convenient access and well-maintained condition ensure a seamless transition for new tenants. Currently, 3,601 square feet are vacant, offering a unique chance to establish or expand your business in a thriving commercial area. This exceptional property offers a blend of visibility, convenience, and modern amenities, promising a significant return on investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Crumbl - Chattanooga Bakery Dentists of East Brainerd Dental Office 100 Hibachi & Sushi, ... Restaurant PT Solutions of Heritage ... Physician The Smoke Cantina Delivery (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.151094592676
    Latitude
    35.004596036873

    Nearby Similar for Lease

    • $25 SF/Yr
      10,662 SF

      Historic Office Building in Chattanooga

      Restored historic office building in Chattanooga's Central Business District.
      109 E 7Th St, Chattanooga, TN 37402
      View Details
    • $28 SF/Yr
      11,544 SF

      Prime Northshore Retail/Office Space

      Sought-after location near dining, shopping, and downtown Chattanooga attractions.
      419 N Market St, Chattanooga, TN 37405
      View Details
    • Contact for pricing
      4,000 SF

      Prime Northshore Retail Location

      Sought-after location with high visibility and on-site parking.
      147 N Market St, Chattanooga, TN 37405
      View Details
    • Contact for pricing

      Modern Townhome in Highland Park

      Sleek 2-bedroom townhome with modern finishes and convenient location.
      1754 S Highland Park Ave S, Chattanooga, TN 37404
      View Details
    • $23 SF/Yr
      46,109 SF

      Downtown Chattanooga Class A Office

      Class A office space in the heart of downtown Chattanooga.
      811 Broad St, Chattanooga, TN 37402
      View Details
    • $11 SF/Yr
      12,000 SF

      Downtown Chattanooga Office Space

      12,000 SF Office Building, 3,960 SF Available
      430 Market St, Chattanooga, TN 37402
      View Details
    • $7 SF/Yr
      46,000 SF

      Chattanooga Industrial Warehouse

      14,000 SF Warehouse, M-1 Zoning
      481 45Th St, Chattanooga, TN 37410
      View Details
    • $27 SF/Yr
      1,600 SF

      Retail Space in New Center

      Multi-use retail space in a new shopping center.
      2545 Lifestyle Way, Chattanooga, TN 37421
      View Details
    • $25 SF/Yr
      4,660 SF

      Prime Chattanooga Outparcel

      Retail/Medical Office Space Available
      2200 Hamilton Place Blvd, Chattanooga, TN 37421
      View Details
    • Contact for pricing
      3,676 SF

      Retail Space in Chattanooga, TN

      Retail property with high visibility and multiple access points.
      5824-5900 Brainerd Rd, Chattanooga, TN 37411
      View Details
    • $23 SF/Yr
      7,200 SF

      Chattanooga Medical Office Building

      7,200 SF Single-Tenant Medical Office
      2108 3Rd St, Chattanooga, TN 37404
      View Details
    • $25 SF/Yr
      23,904 SF

      Prime Chattanooga Southside Retail Space

      Retail and restaurant spaces in a dynamic Chattanooga neighborhood.
      1607 Central Ave, Chattanooga, TN 37408
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space, 3 Units Available
    Where is this neighborhood center located?
    The property is located at 8021 Brainerd Rd Chattanooga, TN.
    What are key features of this property?
    This property features: Class A, 14,212 SF retail strip center built in 2019.; Single-story building with 7 suites and 57 parking spaces.; 3,601 SF of vacant space available, with suites ranging from 1,505 SF to 4,795 SF.
    Request Owner's contact information
    8021 Brainerd Rd Chattanooga, TN 37421
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8021 Brainerd Rd
    Chattanooga, TN 37421
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    8021 Brainerd Rd Chattanooga, TN 37421
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matthew Hill
    Learn more
    Google sign-in failed. Please try again or use another login method.