C-2 zoned lot located at the corner of Lee Highway and Conner Lane in the densely populated retail parameter surrounding Hamilton Place Mall. Hamilton Place is Tennessee’s largest shopping destination with over 200 specialty stores and 30 restaurants located in its 100,000 sq. ft. interior and hundreds more in the nearby vicinity that attract over 22 million shoppers each year. This 5+ mile radius consists of large retail strip centers, professional offices, banks, restaurants/fast food chains and motels that create synergy among each other and drive retail gravity.
Subject features excellent retail potential on a mostly level, 1.12 acre lot with approximately 270 ft. of frontage along a major traffic corridor. This corridor – Lee Highway – is the chosen route for an estimated 19,000 cars each day. Lee Hwy is easily accessible with less than 1.0 mile to a major highway – Hwy 153 – and nearby interstate – I-75 – that both have estimated traffic counts exceeding 75,000/day. Chattanooga Metropolitan Airport is minutes away and brings a steady supply of tourists/traveling employees to nearby restaurants and retailers.
Property includes several vacant buildings and a service station that is no longer in business.Together, they combine to offer 6,700 sq. ft. of retail space with substantial land remaining for expansion if desired. Ideal for owner seeking low risk investment requiring very little effort to achieve success after initial development stages are complete. Copies of reports on selected soil samples reveals no contamination from occupying service station. Location sells itself with its outstanding visibility and easy access to large market made up of the main suburbs of Chattanooga – East Brainerd, Ooltewah, East Ridge and Brainerd – which combine to make up the market of 40,000 households within 5 miles.