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Property profile & analytics
FOR LEASE
Bars & Pubs

1461 N Mack Smith Rd East Ridge, TN 37412

10,148 SF 2 ac lot Built 1998
Entity Owned 3-yr Hold
Property ID
US80-1543622
Property summary
AI-generated overview

This exceptional 10,148-square-foot retail property, situated on a two-acre lot in Chattanooga, Tennessee, presents a unique investment or redevelopment opportunity. Built in 1998, this single-story building is zoned C-2 and boasts ample parking. The property's strategic location near I-75, Exit 1, places it at the gateway to the Red Wolf Soccer Stadium and offers easy access to Camp Jordan Park, various entertainment venues, and numerous Chattanooga attractions, including Lookout Mountain and North Georgia. The site is within a Border Region Incentive Zone and benefits from planned municipal improvements. Up to 5,000 square feet is available for lease, making it ideal for a restaurant, quick-serve establishment, specialty service business, or a larger-scale redevelopment project. The existing building offers 10,148 square feet of net rentable space, with tenant improvements negotiable. A long-term lease is available. This property presents significant upside potential for investors and businesses alike. All information is believed to be accurate but should be independently verified.

Property profile
Verified
Property type Bars & Pubs
Year built 1998
Total area 10,148 SF
Lot 2 ac (87,120 SF)
UPID US80-1543622
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
City Of East Ridge · 3 yrs held
City Of East Ridge
since 2023
3 recorded transactions
2023
Price N/A
2022
Price N/A
2022
$1.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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