This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

961 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

306 Cherokee Blvd

7,000 SF 100% Leased Retail Building Chattanooga, TN 37405 $5,250,000 ($750/SF) 5.20% Cap Rate

Banks Tennessee Chattanooga 306 Cherokee Blvd, Chattanooga, TN 37405

Investment Highlights

  • 7,000 Square Feet
  • Located in the Northshore, downtown’s busiest retail hub
  • AADT of 16,000 VPD on Cherokee Blvd
  • Tenants have taken possession of the space w/ Chase to be open in Q4 2024 and AFC to be open in Q1 2025
  • Fully-occupied
  • .6 acre lot

Executive Summary

SVN Second Story is pleased to exclusively offer the sale of a fully leased multi-tenant building including Chase Bank and AFC Urgent Care in Chattanooga, TN. This exceptional investment opportunity features a 7,000 square foot office building and offers prime space in the Northshore, which is downtown’s busiest retail hub. The Premises are NNN leased to corporate JP Morgan Chase Bank for a 15-year initial term and a 10-year term to AFC Urgent Care. This property boasts a highly visible location with an average daily traffic of 16,000 vehicles on Cherokee Blvd, attracting attention from plenty of local residents. Situated on a .6 acre lot with ample parking, this property presents an ideal prospect for investors seeking a valuable addition to their portfolio. Chattanooga has a population of 185,125 and is the fourth largest city in the state (after Nashville, Memphis and Knoxville). It is the second fastest growing city (second to Nashville) with a population growth rate of 0.98%. The space will be delivered to tenants by late summer 2024 with expected occupancy by end of Q4 2024.

Attachments

Sept 24_306 Cherokee OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
7,000 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$5,250,000
Price Per SF
$750
Cap Rate
5.20%
NOI
$272,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.45 AC
Zoning
E-CX-4
Parking
24 Spaces (3.43 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Starting with a single location in Alabama in 1982, American Family Care (AFC) has pioneered the concept of non-emergency room urgent care. With its 2013 acquisition of the Doctors Express franchise, AFC is the nation’s leading provider of urgent care and accessible primary care with 500 in-network physicians caring for more than 2 million patients a year. Ranked by Inc. Magazine as one of the fastest growing companies in the U.S., AFC’s stated mission is to provide the best healthcare possible, in a kind and caring environment, while respecting the rights of all patients, in an economical manner, at times and locations convenient to the patient.

  • JP Morgan Chase
  • Finance and Insurance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
JP Morgan Chase Finance and Insurance 99,999 SF - Lorem Ipsum -
1 of 1
Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Pure Barre
FirstBank
Club Pilates
Whole Foods Market
Aqua-Tots Swim Schools
Truist
Krystal
First Watch
Orangetheory Fitness
F45
(615) 714-6378

Contacts

  • Listing ID: 31610927

  • Date on Market: 4/25/2024

  • Last Updated:

  • Address: 306 Cherokee Blvd, Chattanooga, TN 37405

The Retail Property at 306 Cherokee Blvd, Chattanooga, TN 37405 is currently available for sale. Contact SVN | Second Story Real Estate Management for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/4
306 Cherokee Blvd, Chattanooga, TN for sale Building Photo- Image 1 of 4
full (4)
306 Cherokee Blvd, Chattanooga, TN for sale Building Photo- Image 2 of 4
full (5)
306 Cherokee Blvd, Chattanooga, TN for sale Building Photo- Image 3 of 4
full (6)

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

306 Cherokee Blvd
(615) 714-6378 x

306 Cherokee Blvd

1/2

Kelly Fitzgerald

(615) 714-6378

(615) 714-6378

Chandler Hale

(865) 804-8351

(865) 804-8351

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link