Marketplace Plaza Gateway Mall 4083 Cloud Springs Rd 233,109 SF 75% Leased Retail Building Ringgold, GA 30736 For Sale

Marketplace Plaza—also known as Gateway Mall—is a 233,000 SF regional retail center strategically positioned along Cloud Springs Road in Ringgold, Georgia, immediately south of the Tennessee state line and less than one minute from Interstate 75. The property sits on 19± acres and features a diverse mix of retail, fitness, consignment, service, and storage tenants ranging from 2,000–40,000 SF. An interior mall corridor exists but is currently unused, offering significant repositioning potential. The center benefits from exceptional regional traffic drivers, including the #2-ranked Costco in the State of Georgia, the proposed Weigel’s gas station and convenience store, Camping World, and the rapidly developing Cloud Springs/I-75 commercial corridor. With traffic counts exceeding 24,900 AADT and a population of 295,000+ within a 10-mile radius, Marketplace Plaza serves one of the fastest-growing suburban trade areas in the Chattanooga MSA. The asset offers stable in-place income through a mix of long-term leases and month-to-month tenants, plus additional revenue from outdoor RV/boat storage (70 rentable spaces). Approximately 25% of the center is currently vacant, creating a compelling value-add opportunity through lease-up, redevelopment, or conversion to flex/warehouse—supported by the property’s large acreage, multiple access points, and proximity to I-75.
Strong Regional Location
Direct access to Interstate 75 (Exit 353)
Less than 0.5 miles from the Tennessee/Georgia state line
Surrounded by major national retailers and new development activity
Adjacent to Costco Wholesale (#2 in Georgia) and the new proposed Weigel’s
Large-Scale Retail Asset
233,000 SF +/- Total Building Square Footage
19± acres with flexible C-2 zoning (City of Fort Oglethorpe)
Built in 1983 with TPO rubber membrane roofing
14’ clear heights; multiple drive-in doors and loading areas
Value-Add & Redevelopment Potential
±25% vacancy provides immediate lease-up upside
Unused interior mall corridor ideal for reactivation or repurposing
19± acres suitable for partial redevelopment, outparcel creation, or flex/warehouse conversion
High-visibility corridor with strong consumer spending indices
Market Drivers
295,000+ population within 10 miles
Strong household incomes and high owner-occupancy rates
Growing demand for retail, service, and industrial uses along Cloud Springs Rd
Adjacent to the proposed Cloud Springs I-75 Industrial Park
Marketplace Plaza offers investors a rare opportunity to acquire a large-format retail center with stable cash flow, significant upside, and exceptional positioning at the gateway between Tennessee and Georgia. With strong surrounding anchors, high traffic counts, and multiple repositioning paths, this asset is well-suited for value-add retail investors, redevelopment groups, or operators seeking scale in the Chattanooga MSA.