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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3908 Tennessee Ave Chattanooga, TN 37409

7,492 SF
Property ID
Property summary
AI-generated overview

This exceptional, single-story, 7,492 square foot multi-tenant office building is located in the vibrant St. Elmo district of Chattanooga, Tennessee, at 3908 Tennessee Ave, zip code 37409. Completely renovated in 2023, the property boasts four suites, with a minimum divisible space of 3,224 square feet and a maximum contiguous space of 3,224 square feet. Currently, there is no vacant space. The building offers convenient on-site surface parking, a significant advantage in this desirable location. Its strategic position directly across from the Food City shopping center and just three blocks from the new Publix grocery store ensures high visibility and accessibility. Furthermore, its proximity to numerous restaurants, retailers, offices, and the popular Incline Railway, which draws hundreds of thousands of visitors annually, provides exceptional foot traffic and exposure. Property taxes are $1.31 per square foot. This is a rare opportunity to acquire a fully occupied, modern office building in a thriving Chattanooga neighborhood. The building's prime location and recent renovation make it an ideal investment for discerning buyers seeking a stable and high-demand commercial property.

Property profile
Verified
Property type Retail properties & Spaces
Total area 7,492 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tn Valet Driving Services Employment Agency
  • Willcox and Allen Industrial Manufacturer Factory
  • Surgery Pharmacy Services Pharmacy
  • Vit Civil War Tours Travel Agency
  • parkingmgt.com Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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