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7308 Shallowford Rd 4,800 SF Retail Building Chattanooga, TN 37421 $2,688,075 CAD ($560.02 CAD/SF) 6.40% Cap Rate

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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
$2,688,075 CAD
Price Per SF
$560.02 CAD
Cap Rate
6.40%
NOI
$172,037 CAD
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
80’ on Shallowford Road

AMENITIES

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 4,800 SF
  • Retail
  • -
  • Mar 2026
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

1st Floor

Size 4,800 SF
Space Use Retail
Position -
Available Mar 2026

NEARBY MAJOR RETAILERS

Starbucks
Scooter's Coffee
First Horizon Bank
Krystal
Ruth's Chris Steak House
Zaxby's
Newk's Eatery
Storage Sense
J. Alexander's
Texas Roadhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
149H-E-003
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$883,697 CAD
  • Listing ID: 39181395

  • Date on Market: 2026-01-22

  • Last Updated:

  • Address: 7308 Shallowford Rd, Chattanooga, TN 37421

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