2200 Hamilton Place Blvd Chattanooga, TN 37421
- Retail space
- 4,875 SF
- 0.87 lot acres
Current Use by Public Records
- Hana Steak & Sushi / Asian Restaurant / Restaurant
- H&R Block / Tax Consultant / Tax Preparation Service
- Sally Beauty / Beauty Supply Store / Barber Supply Store
- Electronic Express / Appliance Store / Home Theater Store
- UPS Access Point location / Shipping Service / Shipping And Mailing Service
Property Details for 2200 Hamilton Place Blvd
- Year built
- 1993
- Lot size
- 0.87 lot acres
- Property size
- 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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $990,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,035,000
- 6.5%
- $925,000
- 7%
- $1,055,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $865,000
- Geo Method
- $855,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $945,000
- Retail
- $835,000
- Mixed-Use
- $810,000
- Hospitality
- $1,025,000
- Educational
- $810,000
- Residential Income
- $1,035,000
- Energy
- $800,000
- Income-Based Land
- $1,080,000
- Food Service
- $1,090,000
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.1546
- Latitude
- 35.0349
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
