4511 Tn-58 Chattanooga, TN 37416
- Retail properties
- 3,000 SF
- 0.43 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4511 Tn-58
- Year built
- 1984
- Lot size
- 0.43 lot acres
- Property size
- 3,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a fully renovated, 3,000 square foot Class A restaurant in Chattanooga, TN. Located at 4511 Hwy 58, this single-tenant, net-lease property boasts a strong 8% cap rate and a substantial $120,000 net operating income (NOI). The property sits on a 0.43-acre lot with ample parking (3 spaces per 1,000 sq ft) and benefits from a C2 zoning designation. Built in 1984 and extensively renovated in 2024, the restaurant is currently 100% occupied under a credit-rated franchisee with a remaining lease term of 5 years, including rent bumps. The asking price is $1,200,000, or $400 per square foot. Detailed financial records are available upon request. This turnkey operation offers immediate profitability and significant growth potential, making it an ideal acquisition for experienced restaurateurs or investors seeking a stable, high-return investment in a thriving Chattanooga location. The property includes all operational equipment and furnishings. This is a single-story building.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.1979
- Latitude
- 35.0848
