4428 Tn-58 Chattanooga, TN 37416
- Retail properties
- 3,065 SF
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4428 Tn-58
- Year built
- 2016
- Lot size
- 1.00 lot acres
- Property size
- 3,065 SF
- Property type
- Retail properties
Description
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.
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
- -85.2011
- Latitude
- 35.0838
