Marcus & Millichap Sells Brainerd Market Center Retail Space In Chattanooga For $3.6M

The Brainerd Market Center, a 44,800-square-foot retail space located at 480 Greenway View Drive in Chattanooga, TN, was sold for $3,600,000. The property, 80 percent leased, features a mix of national, regional, and local tenants with an average tenure of 14 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,600,000
• SF: 44,800
• Address: 480 Greenway View Drive, Chattanooga, TN
• Market: Chattanooga, TN

Jody McKibben and Zachary (Zach) Taylor from Marcus & Millichap were the brokers who facilitated the sale of the Brainerd Market Center. The property, boasting a diverse tenant mix with long-term leases, attracted buyers with its stable income potential and strategic location in the retail market.