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480 Greenway View Dr
Chattanooga, TN 37411 Brainerd

$5,000,000 USD

Storefront For Sale  •  44,800 SF

Property Details

  • Property Type Storefront
  • Total Building Size 44,800 SF
  • Lot Size 5.35 AC
  • Building Class B
  • Year Built 2004
  • Cap Rate 7.26 %
  • Tenancy Multiple
  • Zoning C
27 Transit Score
34 Walk Score

Highlights

Value-Add Opportunity – At 80% occupancy, Brainerd Market Center offers a rare opportunity of strong “in-place” income with upside
Walmart Supercenter Shadow – Adjacent to a high performing Walmart Supercenter. Walmart owns its own store.
National Tenant Roster – Brainerd Market Center is leased to national, regional, and local retailers such as Dollar Tree, Cato, It’s Fashion
Location and Growth – Brainerd Market Center is neighbored by the extensively renovated Eastgate Town Center, a mixed use city center with retail
Long Term Tenancy – With an average tenant tenure of 12.5 years and several in place since inception, Brainerd Market Center boasts a stable in-place
Cap Rate: 7.26 %

Major Tenants

Tenant SF Occupied Lease End Date
Acceptance Insurance
Cato 1/31/2014
Dab City Tobacco & Vape
Danny Nails
Dollar Tree
DTLR
GameStop
Hibbett Sports
It's Fashion! 1/31/2011
Sally Beauty Supply

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage

Public Transportation

AirportDriveWalkDistance
Lovell Field 9 min - 2.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 275
Type: Surface
Included in Rent: Yes
Research In Progress Research In Progress
Research In Progress Research In Progress