2340 Shallowford Vlg Dr, Chattanooga, TN 37421-6768
This exceptional 7,800 square foot freestanding building presents a unique opportunity for a sit-down restaurant or retail establishment in Chattanooga, Tennessee's thriving Hamilton Place submarket. Located on a major east-west thoroughfare boasting over 25,000 vehicles per day, the property offers unparalleled visibility and accessibility. Its strategic location provides convenient access to Interstate 75, a high-traffic artery with over 100,000 vehicles daily, ensuring significant exposure to a large customer base. The 1.38-acre lot provides ample space, complemented by 120 parking spaces to accommodate patrons and staff. The entire 7,800 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. This single-tenant building is situated within the strong retail corridor of Hamilton Place, benefiting from the area's established commercial activity and high foot traffic. The property is classified as Commercial, specifically Retail and Restaurant, making it ideal for a variety of uses. This prime location in Hamilton County offers an exceptional opportunity for a business seeking high visibility and convenient access to a large and diverse customer base. The property's size and parking capacity make it suitable for a variety of restaurant concepts or retail businesses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.