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Property profile & analytics
OFF-MARKET Estimated value $34,000,000
Grocery and convenience stores

301 Manufacturers Rd Chattanooga, TN 37405-3314

62,771 SF 5.76 ac lot Built 2007
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-1992360
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • WFM Coffee Bar Cafe & Coffee Shop
  • Genji Inc Take-out & Catering
  • Rock/Creek (Bike/Boat/Book/etc) Store
  • Whole Foods Market Grocery & Convenience Store Food Market
  • Rock/Creek Exercise Equipment Gym & Fitness Center (Bike/Boat/Book/etc) Store
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
Kb Chattanooga LLC · 1 yrs held
Kb Chattanooga LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $21.9M +120.7%
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