SOLD
Marcus & Millichap Sells Brainerd Market Center Retail Space In Chattanooga For $3.6M
480 Greenway View Drive
Retail
44,800 SF
44,800 SF
Sold 46 days ago
Summary
Sale
TENNESSEE
Retail
44,800 sqft
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.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Jody McKibben & Zachary (Zach) Taylor
DATE: 03/19/2024
ADDRESS: 480 Greenway View Drive
MARKET: Chattanooga, TN
ASSET TYPE: Retail
BROKERS: Jody McKibben & Zachary (Zach) Taylor - Marcus & Millichap
SALE PRICE: $3,600,000
SF: 44,800 ~ PPSF: $80
NOTE: Marcus & Millichap facilitated the $3.6 million sale of Brainerd Market Center, a 44,800-square-foot retail space in Chattanooga, with the property 80 percent leased to a mix of national, regional, and local tenants, boasting an average tenant tenure of 14 years.View on map
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Address480 Greenway View Drive
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