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31619315
31619335

6720 Heritage Business Ct, Chattanooga, TN 37421

MK
TN TN 322724
Real Broker
Listed by Real Broker
$1,500,000
53 days on market
Updated 53 days ago

The Car Barn - A Collector's Paradise

Details
APN 148K B 012.03
Property Type Special Purpose
Sub Type Venue
Square Footage 6,688
Net Rentable (SqFt) 6,688
Units 1
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 09/30/2029
Remaining Term 3
Rent Bumps Yes
Lease Options 3
Broker Co-Op True
Class B
Year Built 2003
Buildings 1
Stories 2
Lot Size (SqFt) 16,893
Zoning C-C
Lease Commencement 09/15/2024
Ground Lease No

The Car Barn Premier Event Venue Investment

Marketing description

Special Purpose • 6,688 SF • Positioned in one of Chattanooga’s most sought-after event corridors, The Car Barn represents a rare opportunity to acquire a high-demand, income-producing event venue property with long-term stability and upside.

This architecturally distinctive venue blends rustic character with modern functionality, making it a premier destination for weddings, corporate events, and private gatherings throughout the region. With strong local recognition and consistent booking demand, the property benefits from an established reputation that continues to drive repeat and referral-based business.

The asset is 100% leased to an established catering and event operator, providing immediate, stabilized income. The current tenant has several years remaining on the initial lease term, along with multiple 5-year extension options, creating long-term security for ownership. Lease terms include annual 3% escalations, offering built-in income growth and inflation protection.

Designed to accommodate a wide range of events, the property features expansive indoor gathering space, high ceilings, and a flexible layout that supports both large-scale celebrations and intimate functions. The venue’s aesthetic appeal, combined with its strategic location in the Chattanooga market, continues to position it as a preferred choice for event bookings year-round.

Investment highlights

  1. Stabilized Income-Producing Asset
  2. Long-term tenant in place with multiple extension options
  3. Annual 3% rent increases
  4. Established, high-demand event venue location
  5. Strong regional draw for weddings and private events
  6. Unique architectural character with broad event adaptability
  7. Located in the growing and highly desirable Chattanooga, TN market

Listing Contacts

MK
TN TN 322724
Real Broker
Listed by Real Broker

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Additional Information

Name
Tina Baker
License
311524
Brokerage
Real Broker
Title
Broker of Record
Brokerage Address
7121 Regal Ln ste 215
Name
Michael Kelly
License
TN 322724
Brokerage
Real Broker
Brokerage Phone
844-591-7325
Title
Broker
Brokerage Address
7121 Regal Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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