Technical
Financial
Distress signals
Property profile

20 Cherokee Blvd Chattanooga, TN 37405

OFF-MARKET
Retail space
Property ID
US80-1207057
14,065 SF 0.35 ac lot Built 2017
Individually Owned 18-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Prime retail space in Chattanooga's desirable Northshore neighborhood offers two available units totaling 1,530 square feet within an 11,000 square foot building constructed in 2017. Located at 20 Cherokee Blvd, Chattanooga, TN 37405, this first-class retail space boasts high ceilings, concrete floors, and large windows. The units are situated in a vibrant mixed-use development, sharing the building with established businesses such as Starbucks, Chipotle, Milan Laser, and Pasha Salon. This second-generation space includes restrooms and is conveniently located near the Walnut Street Pedestrian Bridge, providing easy access to Coolidge Park, the Tennessee Aquarium, and Ross's Landing Park, home to various concert series. The property's strategic location places it just 1.5 miles from the Chattanooga Convention Center, ensuring high visibility and foot traffic. The development features meticulously designed landscaping and hardscaping, along with prominent tenant signage facing both Cherokee Boulevard and Renaissance Park. This exceptional location offers unparalleled access to Chattanooga's thriving Northshore community, known for its boutiques, restaurants, coffee shops, galleries, and spas, providing a dynamic and desirable environment for businesses. The property is situated in Hamilton County and benefits from the area's strong economic growth and high-quality-of-life appeal.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2017
Total area 14,065 SF
Lot 0.35 ac (15,294 SF)
Zoning code M1
APN 135F H 004.01
UPID US80-1207057

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Apartment Building Apartment Complex
  • Cafe & Coffee Shop
  • Restaurant
  • Restaurant

Location

20 Cherokee Blvd Chattanooga, TN 37405-4465
Chattanooga metro Census 800 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.62M
Blend (final) Blend
$3.63M

Owner & transaction history

since 2007
5 recorded transactions
2007
$1.2M
2006
$800,000
2006
$55,931
2004
Price N/A
1969
Price N/A

Zoning & alternative use

M1 · Chattanooga, TN
Top alternative use upside
Restaurant $4.9M +120.7%
Medical building $3.5M +57.3%
Auto repair, garage $3.0M +34.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20 Cherokee Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message