739 Ashland Ter Chattanooga, TN 37415
For Lease
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This 17,303 square foot, two-story commercial plaza, located at 739 Ashland Terrace in Chattanooga, Tennessee, presents a unique investment opportunity. Built in 1974 and zoned C-2, the property features 20 suites, with 2,475 square feet currently vacant. Suite sizes range from a minimum of 600 square feet to a maximum contiguous space of 1,650 square feet, making it ideal for a variety of businesses. The property sits on a 1.88-acre lot and offers ample parking for tenants and customers, including a dedicated area suitable for food trucks or seasonal vendors. Its strategic location in the Red Bank submarket provides excellent visibility and accessibility, with convenient access to downtown Chattanooga, Hixson Pike, and Highway 153. The property's diverse suite sizes and ample parking make it an attractive option for retail, office, and restaurant tenants seeking a prominent location in a thriving Chattanooga neighborhood. The property's APN is 109N E 026.01. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and return on investment. The property's versatility and prime location make it a highly desirable asset in the competitive Chattanooga market.
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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
C2 · Chattanooga, TNChattanooga. Always verify with local authorities before improvements.
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.