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27602014
27602015

5821 Lee Hwy, Chattanooga, TN 37421

BM
TN TN 358225, GA GA 374144 (+1)
KW Commercial Chattanooga - Downtown
VB
TN 269196
KW Commercial
Listed by KW Commercial Chattanooga - Downtown, KW Commercial
$900,000
684 days on market
Updated 11 days ago

5821 Lee Hwy - Value Add Opportunity

Details
Property Type Retail
Sub Type Storefront
Square Footage 12,707
Units 4
Cap Rate 8.08%
NOI $72,700
Occupancy 100%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 16.94%
Pro-Forma NOI $152,484
Price per SqFt $71
Broker Co-Op Yes
Class C
Year Built 1990
Acreage 0.650
Zoning C2
Investment Type Value Add

Value Add Retail Investment Opportunity

Marketing description

If you’ve been looking for a property with both potential and personality, this is it. 5821 Lee Highway sits in the heart of East Brainerd — one of Chattanooga’s most in-demand commercial corridors — and it’s ready for an investor who knows how to turn a good location into a great return.

Why It’s Worth a Look:

  • Prime East Brainerd Location: High-traffic visibility with flexible zoning for retail, office, or mixed-use — because versatility never goes out of style.

  • Strong Market Fundamentals: Surrounded by a thriving local economy and a growing, educated, and well-paid population. Translation: people here spend money.

  • Demographics That Mean Business:

    • 40,000+ residents within 3 miles

    • Average household income over $75K

    • 35% hold a bachelor’s degree or higher

  • Solid Comparable Pricing:

    • Area sales average $150–$200/SF

    • Rents typically range $18–$25/SF annually

    • In other words, there’s room for upside.

  • Value-Add Potential: Whether you refresh the existing structure or reimagine it entirely, this property offers a strong foundation for long-term growth and higher returns.

Why East Brainerd:
East Brainerd continues to attract new businesses and residents thanks to its location, accessibility, and economic growth. Easy highway access, strong consumer spending, and a steady rise in property values make this a market worth betting on.

Bottom Line:
Opportunities like this don’t linger for long — and frankly, we’re surprised this one’s still available. Contact us today to learn how 5821 Lee Highway can be the next smart addition to your investment portfolio.

Listing Contacts

BM
TN TN 358225, GA GA 374144 (+1)
KW Commercial Chattanooga - Downtown
VB
TN 269196
KW Commercial
Listed by KW Commercial Chattanooga - Downtown, KW Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,700.00
$6,058.33/mo

Valuation Metrics

0
DSCR
8.08%
Cap Rate
8.08%
ROI

Map

Zoning

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C-C CommercialSpecial CommercialCommercial Corridor Zone
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View all 129 uses
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Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Brockman Missel
License
TN 358225
Brokerage
KW Commercial
Brokerage Phone
4236641550
Brokerage Address
1830 Washington Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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