Shopping Strip
Walmart Shadow Center
541 Signal Mountain Rd, Chattanooga, TN 37405
Listing Price: $8,800,000
Investment Overview
WALMART SUPERCENTER SHADOW CENTER • The property is a 52,197 SF Walmart Shadow Anchored retail center located in Chattanooga, TN • The property is 88% leased and includes a complimentary mix of restaurants, service tenants, and national brands such as Dollar Tree, CATO, PetSense, and more • This center is shadow anchored by a high-performing Walmart since 2006 | Walmart owns the Walmart • Stable tenant history | Average Tenant Tenure: 12.49 Years • Weighted Average Lease Term: 4.68 Years HIGH-PERFORMING CENTER | FOOT TRAFFIC DATA (PLACER.AI) • This center sees 2.6M visits per year • The center ranks in the top 25% of all centers in a 50-Mile Radius (7th of 25) • This Walmart is the #1 busiest location in th e local market (1st of 4) • This shopping center pulls from a 25+ mile tr ade area STRATEGIC POSITIONING | INTERSTATE LOCATION • This property is positioned at the high traffic corridor of Signal Mountain Road (30,012 VPD) • Signal Mountain Road is just off I- 24, the major interstate leading into Chattanooga (30,130 VPD) • Surrounding Retailers include Aldi, Tractor Supply, Food City, Burger King, Krystal, & more • The property is located directly across f rom the Komatsu America Corp. Manufacturing Plant, a 500,000+ SF facility that is one of the top employers in Chattanooga with 750 employees • Komatsu America Corp. is the second largest, fully integrated manufacturer and supplier of construction equipment in North America CHATTANOOGA, TN • The Chattanooga metropolitan area is the fourth largest in Tennessee. The city anchors a three-state area that includes Southeast Tennessee, Northwest Georgia, and Northeast Alabama. • Chattanooga is home to a diversified and growing mix of manufacturing and service industries with a population of over 180,000 • The University of Tennessee at Chattanooga is the second largest campus of the University of Tennessee system, with a population of over 10,000. Chattanooga State Community College is a twoyear community college with a total undergraduate enrollment of roughly 11,000 students. • Chattanooga has been voted as one of the top places to live and to retire.
Investment Highlights
- High Volume Walmart Supercenter Shadow Anchor
- Stable Tenant History AVG. Tenure 12.5+ Years
- #1 Busiest Shopping Center In Local Market
- Affluent And Growing Demographics
- Interstate Location
- Chattanooga | 3rd Largest MSA In Tennesse
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $8,800,000
Investment Highlights
- High Volume Walmart Supercenter Shadow Anchor
- Stable Tenant History AVG. Tenure 12.5+ Years
- #1 Busiest Shopping Center In Local Market
- Affluent And Growing Demographics
- Interstate Location
- Chattanooga | 3rd Largest MSA In Tennesse
Investment Overview
WALMART SUPERCENTER SHADOW CENTER • The property is a 52,197 SF Walmart Shadow Anchored retail center located in Chattanooga, TN • The property is 88% leased and includes a complimentary mix of restaurants, service tenants, and national brands such as Dollar Tree, CATO, PetSense, and more • This center is shadow anchored by a high-performing Walmart since 2006 | Walmart owns the Walmart • Stable tenant history | Average Tenant Tenure: 12.49 Years • Weighted Average Lease Term: 4.68 Years HIGH-PERFORMING CENTER | FOOT TRAFFIC DATA (PLACER.AI) • This center sees 2.6M visits per year • The center ranks in the top 25% of all centers in a 50-Mile Radius (7th of 25) • This Walmart is the #1 busiest location in th e local market (1st of 4) • This shopping center pulls from a 25+ mile tr ade area STRATEGIC POSITIONING | INTERSTATE LOCATION • This property is positioned at the high traffic corridor of Signal Mountain Road (30,012 VPD) • Signal Mountain Road is just off I- 24, the major interstate leading into Chattanooga (30,130 VPD) • Surrounding Retailers include Aldi, Tractor Supply, Food City, Burger King, Krystal, & more • The property is located directly across f rom the Komatsu America Corp. Manufacturing Plant, a 500,000+ SF facility that is one of the top employers in Chattanooga with 750 employees • Komatsu America Corp. is the second largest, fully integrated manufacturer and supplier of construction equipment in North America CHATTANOOGA, TN • The Chattanooga metropolitan area is the fourth largest in Tennessee. The city anchors a three-state area that includes Southeast Tennessee, Northwest Georgia, and Northeast Alabama. • Chattanooga is home to a diversified and growing mix of manufacturing and service industries with a population of over 180,000 • The University of Tennessee at Chattanooga is the second largest campus of the University of Tennessee system, with a population of over 10,000. Chattanooga State Community College is a twoyear community college with a total undergraduate enrollment of roughly 11,000 students. • Chattanooga has been voted as one of the top places to live and to retire.
Exclusively Listed By
Broker of Record
Financing By

