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Property profile

7351 Commons Blvd Chattanooga, TN 37421

OFF-MARKET
Retail properties & Spaces
12,580 SF Built 2001
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Property summary

AI-generated overview

This exceptional 12,580-square-foot storefront retail property, located at 7351 Commons Blvd in Chattanooga, Tennessee, presents a rare investment opportunity. Built in 2001, this single-unit building boasts a desirable C-2 zoning designation, offering flexibility for a variety of retail uses. The property features 10' to 14' ceilings and one dock door, enhancing functionality and operational efficiency. Ample parking is provided with 35 spaces, ensuring convenient access for customers and employees. Situated in the heart of the Hamilton Place trade area, this location benefits from exceptional visibility and high traffic volume, with Gunbarrel Road boasting an average daily traffic count of 18,122 vehicles. The property's strategic location offers easy access to Interstate 75, further enhancing its accessibility and appeal. While deed restrictions are in place regarding permitted uses, this well-maintained property presents a strong investment opportunity for discerning buyers. The asking price is $2,900,000, translating to $230.52 per square foot. The property's APN is 149H E 009.02. This is a unique chance to acquire a substantial retail space in a thriving Chattanooga commercial district.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2001
Total area 12,580 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Location

7351 Commons Blvd Chattanooga, TN 37421
Chattanooga metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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