Technical
Financial
Distress signals
Property profile

301 Manufacturers Rd Chattanooga, TN 37405

OFF-MARKET
Grocery and convenience stores
Property ID
US80-1992360
62,771 SF 5.76 ac lot Built 2007
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 301 Manufacturers Road in Chattanooga, Tennessee's vibrant NorthShore District, offers a unique investment opportunity. The property, known as 2 North Shore, comprises three buildings totaling 98,413 square feet, constructed in 2007. The buildings are two stories high and boast a desirable mixed-use designation, encompassing commercial and shopping center components. Currently, there is 4,590 square feet of immediately available retail space, perfect for a variety of businesses. The property's prime location in the NorthShore District ensures high visibility and accessibility, with convenient access via Manufacturers Road. The property benefits from its location in Hamilton County, Tennessee, zip code 37405, and is situated in a thriving submarket known for its strong retail presence and foot traffic. The building's modern design and construction, coupled with its strategic location, make it an ideal choice for businesses seeking a high-impact presence in a dynamic and growing area of Chattanooga. This is a rare opportunity to secure space in a well-established, high-quality retail center. The available space offers significant potential for growth and success within a bustling commercial environment. Contact us today to learn more about this exceptional leasing opportunity.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2007
Total area 62,771 SF
Lot 5.76 ac (250,906 SF)
Zoning code C3
APN 135F G 003
UPID US80-1992360

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
  • Cafe & Coffee Shop
  • Take-out & Catering
  • (Bike/Boat/Book/etc) Store
  • Grocery & Convenience Store Food Market
  • Gym & Fitness Center (Bike/Boat/Book/etc) Store

Location

301 Manufacturers Rd Chattanooga, TN 37405-3314
Chattanooga metro Census 800 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$34.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$34.00M

Owner & transaction history

since 2024
Last sale
$34.0M
7 recorded transactions
2024
$34.0M
2019
Price N/A
2017
Price N/A
2016
$28.0M
2014
Price N/A
2014
$24.0M
2006
$1.0M

Zoning & alternative use

C3 · Chattanooga, TN
Top alternative use upside
Restaurant $21.9M +120.7%

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
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