4511 Highway 58
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4511 Highway 58
3,000 SF Retail Building Chattanooga, TN 37416 $1,200,000 ($400/SF) 5.43% Cap Rate
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
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
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
3,000 SF
Building Class
A
Year Built/Renovated
1973/2024
Price
$1,200,000
Price Per SF
$400
Cap Rate
5.43%
NOI
$65,160
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Land Acres
0.43 AC
Zoning
C-2
Parking
25 Spaces (8.33 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 129H-E-009.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $161,600 |
PROPERTY TAXES
Parcel Number
129H-E-009.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$161,600
-
Ashley Missel -
KW Commercial
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