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Investment Highlights

  • Fully net leased investment in downtown Chattanooga adjacent to the boutique Dwell Hotel
  • Storefront glass and framing upgraded in 2023 along with HVAC code updates and repairs
  • Major recent capital improvements including a full roof replacement in 2025

Executive Summary

Fully net leased building in downtown Chattanooga, TN. Adjacent to the Dwell Hotel. Broad’s Lounge occupies the entire premises on a ten year lease term that commenced in February 2023.
Full roof replacement (2025)
Storefront glass replacement + framing (2023)
HVAC code upgrades and repairs (2023)
Asbestos/lead remediation (2023)
Minimal Landlord responsibilities. Excellent passive investment.
This is an operating business, and there will be no property tours without an agreeable Letter of Intent.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,200 SF
Building Class
C
Year Built
1950
Price
$1,493,843 CAD
Price Per SF
$355.68 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.01
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
U-CX-6 - Commercial
Frontage
28’ on E E E 10th St St St

Amenities

  • Bus Line
  • Signage
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100

Nearby Major Retailers

CrossFit
Starbucks
Tupelo Honey
Food City
SPENGA
Pinnacle Bank
SmartBank
Synovus Bank
First Horizon Bank
First Citizens Bank

Property Taxes

Property Taxes

Parcel Number
145D-X-004
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$264,256 CAD
  • Listing ID: 38449908

  • Date on Market: 2025-11-14

  • Last Updated:

  • Address: 124 E 10th St, Chattanooga, TN 37402

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