Investment Overview
SVN | Second Story is pleased to present 4806 Highway 58, a vacant gas station property positioned along one of Chattanooga’s most active commercial corridors. Featuring 302 feet of direct frontage on Highway 58, the site benefits from a full access cut with a signalized intersection, ample parking, and excellent visibility from both travel directions. The location sees traffic counts of approximately 38,000 vehicles per day on Highway 58 and 5,000 vehicles per day on Oakwood Drive, providing strong exposure and accessibility.
The property can be repurposed for various commercial uses beyond a gas station, including a convenience store, service retail, or quick-service restaurant. This offering represents a rare opportunity to acquire a well-located retail parcel in a high-growth submarket supported by Chattanooga’s expanding population, diversified employment base, and strong economic fundamentals. Chattanooga’s retail market remains robust, with a low vacancy rate of 3.0% and average rent growth of approximately 4.3% over the past 12 months.
Investment Highlights
- High Visibility Vacant Gas Station | 302’ frontage on Hwy 58 with ±38,000 VPD traffic counts
- Signalized Access | Direct, convenient ingress/egress
- Flexible Use Potential | Zoned to accommodate a range of uses includingconvenience store, service retail, or QSR
- Market Strength | Located in the state’s 3rd largest city and a growingregional hub for manufacturing, logistics, and healthcare | Low retail vacancy (3.0%) and annual rent growth of 4.3%(CoStar, 2025)
- Community Demand Drivers | Home to Volkswagen Chattanooga, Amazon FulfillmentCenter, and Erlanger Health System | Part of a $43.9B regional economy with over $14B innew investment since 2008