2200 Hamilton Place BlvdChattanooga, TN 37421

Property Details for 2200 Hamilton Place Blvd

Year built

1993

Lot size

0.87 AC

Property size (Sq ft)

4,875 SF

Property type

Retail space

APN

149I A 001.45

APU

149IA00145

Description

This exceptional 4,660 square foot Class A freestanding building, situated on 0.78 acres in Chattanooga, TN's vibrant Hamilton Place retail/medical corridor, presents a unique leasing opportunity. Built in 1993, this single-story structure boasts a 10-foot ceiling height and offers flexible space ideal for multiple tenants, with a minimum divisible unit of 1,070 square feet and a maximum contiguous space of 4,660 square feet. The property includes 25 dedicated parking spaces and benefits from excellent visibility and convenient access via a traffic light on Gunbarrel Road. Currently entirely vacant, the building features a retail showroom (approximately 3,200 square feet), a 700 square foot storage area, three restrooms, a large office, a staging area, and a break room with a kitchenette. Its strategic location near the Hamilton Place Mall (Tennessee's second most visited super-regional mall), offers unparalleled exposure to a high volume of traffic and proximity to major national retailers including Dillard's, Belk, JCPenney, Dick's Sporting Goods, Walmart, Target, Lowe's, Home Depot, and numerous dining establishments. Furthermore, its proximity to Erlanger East Hospital and other medical offices makes it an attractive option for medical practices. The property is zoned C-4. This is an exceptional opportunity to establish a presence in a high-traffic, high-visibility location within a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,515,693

  6.5%

  $1,399,101

  7%

  $1,299,166

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,001,103

  Geo Method

  $2,396,312

• Alternative Use

  Use

  Valuation

  Residential

  $1,180,194

  Hospitality

  $1,081,052

  Educational

  $899,422

  Medical

  $930,355

  Retail

  $1,399,101

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0349

Longitude

-85.1546

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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