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7308 Shallowford Rd 4,800 SF Retail Building Chattanooga, TN 37421 $1,950,000 ($406.25/SF) 6.40% Cap Rate
Investment Highlights
- Below-Market In-Place Rents with Near-Term Upside
- Embedded Value-Add Opportunity
- Prime East Brainerd / Shallowford Road Retail Corridor
- NNN Lease Structure
- Functional Freestanding Building
- Strong Chattanooga Market Dynamics
Executive Summary
Fletcher Bright Realty is pleased to offer this rare opportunity to own a value-add investment in Chattanooga, TN’s strongest retail sector. Located just off of the I-75 exit to Shallowford Road, the Property benefits from 23,000+ VPD, ensuring any business owner all the traffic and visibility their business can handle. The property features large storefront windows, ample parking, and a versatile open floor plan that can be customized to suit various business needs. Currently occupied by a strong tenant with substantially below market rents, making this the perfect value-add retail investment for the savvy investor. Whether you're looking to expand your business or invest in a thriving retail location, this property offers a great opportunity in the heart of Chattanooga's fastest growing suburban market.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,800 SF
Building Class
B
Year Built
2018
Price
$1,950,000
Price Per SF
$406.25
Cap Rate
6.40%
NOI
$124,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.37 AC
Zoning
C-C - Commercial Corridor Zoning
Parking
15 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Tenant Controlled HVAC
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,800 SF | Retail | - | Mar 2026 |
1st Floor
| Size |
| 4,800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Mar 2026 |
1 of 36
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 4,800 SF |
| Space Use | Retail |
| Position | - |
| Available | Mar 2026 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 149H-E-003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $638,320 |
Property Taxes
Parcel Number
149H-E-003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$638,320
1 of 49
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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7308 Shallowford Rd
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