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Property profile & analytics
OFF-MARKET Estimated value $4,160,000
Grocery and convenience stores

6951 Lee Hwy Chattanooga, TN 37421-2447

48,420 SF 4.26 ac lot Built 1969
Entity Owned 11-yr Hold Free & Clear
Property ID
US80-3426586
Property summary
AI-generated overview

This exceptional 48,000-square-foot retail space presents a rare opportunity in Chattanooga's thriving retail market. Located in Hamilton County, this single-tenant building offers unparalleled visibility and accessibility. Boasting excellent frontage on Lee Highway (14,746 average daily traffic) and Shallowford Road (20,826 average daily traffic), this property ensures high foot traffic and brand exposure. Its strategic location, just half a mile from I-75 (105,926 average daily traffic), provides convenient access for customers throughout the region. The entire 48,000 square feet is currently vacant, offering a blank canvas for a wide range of retail concepts. This is a unique chance to establish a significant presence in one of Chattanooga's most robust retail trade areas. The property's size and location make it ideal for a large-format retailer, grocery store, or other high-volume business seeking maximum visibility and accessibility. The building's design and layout are adaptable to suit various retail needs. This is a truly exceptional opportunity to secure a prime retail location in a high-growth market. Don't miss this chance to capitalize on the significant potential of this exceptional property. Contact us today to learn more and schedule a viewing.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1969
Total area 48,420 SF
Lot 4.26 ac (185,566 SF)
Zoning code C2
APN 148D G 006
UPID US80-3426586
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
  • Mechelle L. Reed, DPH Pharmacy
  • Jack R. Potter, DPH Pharmacy
  • LibertyX Bitcoin ATM Atm
  • Western Union Bank Credit Union
  • Primo Water Exchange Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.02M
Blend (final) Blend
$4.16M
Owner & transaction history
Spirit Master Funding Ix LLC · 11 yrs held
Spirit Master Funding Ix LLC
since 2014
Last sale
$3.3M
3 recorded transactions
2014
$8.9M
2005
$7.6M
2005
$213,500
Zoning & alternative use
C2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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