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321 Browns Ferry Rd, Chattanooga, TN 37419 For Sale

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
$5,250,000
1752 days on market
Updated 10 days ago

321 Browns Ferry | Retail Strip Center

Details
APN 033144N A 00900P000
Property Type Office, Retail
Sub Type Shopping Center
Square Footage 53,723
Cap Rate 5.74%
NOI $301,531
Occupancy 68%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 12.42%
Pro-Forma NOI $652,143
Price per SqFt $112
Broker Co-Op Yes
Class B
Year Built 1993
Year Renovated 2019
Buildings 1
Stories 1
Acreage 7.000
Zoning C2
Parking Spaces 71 per 1,000 sq ft
Investment Type Value Add

Shopping Center For Sale

Marketing description

Prime Retail Leasing Opportunity at 321 Browns Ferry Rd, Chattanooga, TN 37419

Unlock Your Business Potential with Unmatched Visibility and Prime Location

Available now for lease, 321 Browns Ferry Rd in Chattanooga offers a highly visible retail strip center, strategically located just off the busy Hwy 24 corridor. This high-traffic location provides exceptional exposure and a prime opportunity for businesses looking to capitalize on the area's robust customer flow.

Why Choose 321 Browns Ferry Rd?

High Traffic, High Visibility:
Located along a major thoroughfare with direct access to Hwy 24, this space offers unparalleled visibility, attracting consistent foot and vehicle traffic. It’s the perfect location to ensure your business stands out and reaches a wide audience.

Ideal for Retail, Food, or Service Businesses:
Flexible spaces in a variety of sizes make this retail center ideal for a range of businesses—from retail stores and restaurants to service-based operations. The adaptable layout allows for customization to suit your business needs.

Strong Local Customer Base:
Situated near well-established residential neighborhoods, this location serves as a convenient stop for local residents, ensuring a steady stream of customers for everyday products and services.

Proximity to Amenities:
Within minutes of nearby shopping centers, dining options, fitness facilities, and other popular attractions, this location draws diverse foot traffic, providing added convenience for customers and increasing exposure for your business.

Ample Parking:
The center offers generous parking options for both customers and staff, ensuring ease of access and a hassle-free experience for everyone.

Whether you’re looking to expand your current business or launch a new venture, 321 Browns Ferry Rd presents an exceptional retail leasing opportunity in a prime location.

Contact us today for more leasing information and to schedule a tour of this outstanding retail space!

Investment highlights

  • Retail Type: Power Center
  • Parking Type: Surface
  • Loading Docks: 8
  • Sprinklers: Wet
  • Property Located Between: i24 & Browns Ferry
  • Property Visibility: Good
  • Largest Nearby Street: i24
  • Feet of Frontage: 420

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
$301,531.00
$25,127.58/mo

Valuation Metrics

0
DSCR
5.74%
Cap Rate
5.74%
ROI

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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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