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321 Brown's Ferry Rd 53,723 SF 76% Leased Retail Building Chattanooga, TN 37419 $5,250,000 ($97.72/SF) 5.74% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Visible from highway

EXECUTIVE SUMMARY

Prime Investment opportunity, Value-Add and Income Producing

ATTACHMENTS

BFV Brochure

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $301,531 $5.95

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $301,531
Annual Per SF $5.95

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
53,723 SF
Building Class
B
Year Built/Renovated
1988/2024
Price
$5,250,000
Price Per SF
$97.72
Cap Rate
5.74%
NOI
$301,532
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.17
Lot Size
7.40 AC
Zoning
C1 - Commercial
Parking
225 Spaces (4.19 Spaces per 1,000 SF Leased)
Frontage
451’ on Browns Ferry Rd

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Wheelchair Accessible
  • Monument Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -
  • -

CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.

  • Retailer
  • -
  • -
  • Triple Net
  • Jan 2018
  • Lookout Valley Tax Center
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services - - - -
Retailer - - - -
Retailer - - Triple Net Jan 2018
Lookout Valley Tax Center Professional, Scientific, and Technical Services - - - -

NEARBY MAJOR RETAILERS

Truist
Zaxby's
Logan's Roadhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 144N-A-009
  • 144N-A-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$896,920
  • Listing ID: 37370003

  • Date on Market: 8/21/2025

  • Last Updated:

  • Address: 321 Brown's Ferry Rd, Chattanooga, TN 37419

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