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3898 Dayton Blvd
Chattanooga, TN 37415
Retail Property For Sale
Investment Highlights
- Fully leased mixed-use property delivering both residential and commercial income streams.
- Long-term tenant stability complemented by flexible repositioning potential for one commercial unit.
- Strategic location on Dayton Blvd with excellent visibility and convenient access to major routes.
- Turnkey investment offering consistent cash flow and opportunity for future value optimization.
Executive Summary
Marketing description
Investment Opportunity: 3898 Dayton Blvd, Red Bank, TN
Prime mixed-use investment offering ±22,524 SF of fully leased space in a high-visibility location on Dayton Blvd. This property features a diversified income stream with 4 multifamily units and 3 commercial units, providing both residential and commercial cash flow. Notably, the smaller commercial office unit can be vacated, offering potential for repositioning or future lease-up.
Key Highlights:
Location: 3898 Dayton Blvd, Red Bank, TN
Property Type: Mixed-use (Multifamily + Commercial)
Size: ±11,262SF
Tenancy: Fully leased, with one smaller commercial office available for vacancy
Investment Appeal: Diversified income with long-term tenant stability and potential for strategic leasing
Visibility & Access: Excellent frontage and easy access to major routes
A turnkey opportunity for investors seeking stable, mixed-use cash flow with the flexibility to optimize a portion of the commercial space.
Investment Opportunity: 3898 Dayton Blvd, Red Bank, TN
Prime mixed-use investment offering ±22,524 SF of fully leased space in a high-visibility location on Dayton Blvd. This property features a diversified income stream with 4 multifamily units and 3 commercial units, providing both residential and commercial cash flow. Notably, the smaller commercial office unit can be vacated, offering potential for repositioning or future lease-up.
Key Highlights:
Location: 3898 Dayton Blvd, Red Bank, TN
Property Type: Mixed-use (Multifamily + Commercial)
Size: ±11,262SF
Tenancy: Fully leased, with one smaller commercial office available for vacancy
Investment Appeal: Diversified income with long-term tenant stability and potential for strategic leasing
Visibility & Access: Excellent frontage and easy access to major routes
A turnkey opportunity for investors seeking stable, mixed-use cash flow with the flexibility to optimize a portion of the commercial space.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,262 SF
Building Class
C
Year Built/Renovated
1930/1972
Price
$1,982,550
Price Per SF
$176.04
Cap Rate
8%
NOI
$158,580
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.51 AC
Zoning
C-2 - Commercial
Parking
15 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
23’ on Dayton Blvd
Property Taxes
| Parcel Number | 109P-G-008 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $371,640 |
Property Taxes
Parcel Number
109P-G-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$371,640
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