Brainerd Park Shopping Center

Matthews™ is pleased to exclusively offer the opportunity to acquire the fee simple interest in Brainerd Park, a 76,316-square-foot retail center located at 5845 Brainerd Road in Chattanooga, Tennessee. The property is situated on 7.35 acres within one of Chattanooga's strongest and most established retail corridors.

Brainerd Park benefits from prominent frontage along Brainerd Road, a major commercial artery that sees nearly 35,000 vehicles per day, providing the property with excellent visibility and accessibility. The center is located approximately nine miles from Downtown Chattanooga and is surrounded by a strong mix of nationally recognized retailers and restaurants, including Chick-fil-A, Starbucks, Walmart, Chili's, Krispy Kreme, McDonald's, Burger King, Aldi, Office Depot, and numerous other national and regional tenants. Additionally, Brainerd Park is directly across from Eastgate Town Center, an approximately 859,000-square-foot mixed-use development featuring retail, office, and medical uses, further strengthening the surrounding trade area and consumer draw.

Chattanooga, TN is a rapidly growing market with 594,000 people across the broader metro area. The city itself has grown about 6.5% since 2020, reaching an estimated 194,144 residents in 2025. Chattanooga's retail market remains highly active, with low retail vacancy of approximately 3.5% and rents increasing 2.2% year-over-year, highlighting continued tenant demand and the overall strength of the market.

Brainerd Park is currently 97.52% occupied with a 4.4-year weighted average lease term, providing investors with stable in-place cash flow and an attractive opportunity for future value creation. This offering represents a rare opportunity to acquire a value-add retail asset in an established and growing Southeast Tennessee market where similar opportunities are rarely available.