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4511 Highway 58

3,000 SF Retail Building Chattanooga, TN 37416 £938,940 (£313/SF) 5.43% Net Initial Yield

Investment Highlights

  • Heavy Daytime Traffic
  • Fully renovated
  • Ingress and Egress on 58

Executive Summary

DO NOT DISTURB TENANT

Prime Commercial Opportunity: Renovated Restaurant with Franchise Option
Discover an exceptional commercial opportunity with this fully renovated restaurant in Chattanooga TN, now available for purchase. This turnkey operation not only boasts a thriving standalone restaurant but also offers the potential to acquire a prestigious franchise.
Location & Foot Traffic: Situated in a bustling area known for its vibrant dining scene, this restaurant enjoys excellent visibility and foot traffic. Its renovated interior ensures a modern and inviting atmosphere, attracting both locals and visitors alike.
Renovation & Facilities: Recently refurbished to the highest standards, the restaurant features updated décor, state-of-the-art kitchen equipment, and premium furnishings. Every detail has been meticulously designed to enhance guest experience and operational efficiency.
Cuisine & Business Potential: Specializing in [Cuisine Type], the menu highlights fresh, locally-sourced ingredients and a commitment to culinary excellence. With a solid reputation and loyal customer base, the restaurant presents immediate profitability and significant growth potential.
Franchise Option: In addition to the restaurant, the buyer has the exclusive opportunity to expand their investment by acquiring a franchise. This option provides access to a well-established brand, national marketing support, and operational guidance, ideal for diversifying income streams and maximizing profitability.
Financials & Assets: Detailed financial records demonstrate consistent revenue and profitability. Included in the sale are all operational equipment, furnishings, and a dedicated staff, ensuring a smooth transition and immediate operational readiness.
Why Invest Here? This listing is ideal for seasoned restaurateurs looking to expand their portfolio or entrepreneurs seeking a lucrative business opportunity in the hospitality industry. With its prime location, renovated space, and franchise potential, this package offers the perfect blend of stability and growth.
Contact Information: For more information on this prime commercial listing, including financials and viewing arrangements, please contact us at 423.299.3101 or amissel@brockmanmissel.com. Don’t miss out on this rare chance to own a renovated restaurant with franchise potential in one of Chattanooga’s most sought-after locations

Attachments

4511 TN 58

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
3,000 SF
Building Class
A
Year Built/Renovated
1973/2024
Price
£938,940
Price Per SF
£313
Net Initial Yield
5.43%
NOI
£50,984
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Lot Size
0.43 AC
Zoning
C-2
Parking
25 Spaces (8.33 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Starbucks
Scooter's Coffee
Truist
First Horizon Bank
Regions Bank
Bank of America
Food City
Waffle House
Rent-A-Center
Krystal

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
129H-E-009.01
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£126,444
  • Listing ID: 32776856

  • Date on Market: 12/08/2024

  • Last Updated:

  • Address: 4511 Highway 58, Chattanooga, TN 37416

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