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Bonny Oaks Self Storage
6381 Bonny Oaks Dr, Chattanooga, Tennessee 37414
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Property Info
Price: $3,500,000
Units: 326
Year Built: 1996/2005
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Download Marketing Package
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Broker Contact Info
Gabriel Coe
614.360.9041
Gabriel.Coe@marcusmillichap.com
Opportunity
The Market
Investment
Map
Chattanooga, Tennessee Self-Storage Offering with Significant Management Upside
POPULATION
In 2025, the population in your selected geography is 91,348. The population has changed by 12.51 percent since 2010. It is estimated that the population in your area will be 94,516 five years from now, which represents a change of 3.5 percent from the current year. The current population is 48.0 percent male and 52.0 percent female. The median age of the population in your area is 41.0, compared with the U.S. average, which is 40.0. The population density in your area is 1,163 people per square mile.
HOUSEHOLDS
There are currently 39,265 households in your selected geography. The number of households has changed by 15.69 percent since 2010. It is estimated that the number of households in your area will be 40,859 five years from now, which represents a change of 4.1 percent from the current year. The average household size in your area is 2.3 people.
INCOME
In 2025, the median household income for your selected geography is $80,287, compared with the U.S. average, which is currently $78,171. The median household income for your area has changed by 77.14 percent since 2010. It is estimated that the median household income in your area will be $93,982 five years from now, which represents a change of 17.1 percent from the current year.
The current year per capita income in your area is $41,169, compared with the U.S. average, which is $41,680. The current year’s average household income in your area is $96,816, compared with the U.S. average, which is $103,571.
EMPLOYMENT
In 2025, 48,688 people in your selected area were employed. The 2010 Census revealed that 63 percent of employees are in white-collar occupations in this geography, and 19.2 percent are in blue-collar occupations. In 2025, unemployment in this area was 4.0 percent. In 2010, the average time traveled to work was 22.00 minutes.
HOUSING
The median housing value in your area was $275,683 in 2025, compared with the U.S. median of $333,538. In 2010, there were 20,689.00 owner-occupied housing units and 13,250.00 renter-occupied housing units in your area.
EDUCATION
The selected area in 2025 had a lower level of educational attainment when compared with the U.S averages. 30.8 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.7 percent, and 10.2 percent completed a bachelor’s degree, compared with the national average of 21.2 percent.
The number of area residents with an associate degree was higher than the nation’s at 18.5 percent vs. 8.8 percent, respectively.
The area had fewer high-school graduates, 1.4 percent vs. 26.1 percent for the nation, but the percentage of residents who completed some college is higher than the average for the nation, at 31.1 percent in the selected area compared with the 19.6 percent in the U.S.
• Chattanooga, Tennessee Self-Storage Offering with Significant Management Upside
• Located Approximately Eight Miles Northeast of Downtown Chattanooga Near the Neighborhood of Austin Farms | About Three Miles Northeast of Chattanooga Metropolitan Airport
• 41,410 Net Rentable Square Feet
• 56 Climate-Controlled Self-Storage Units | 236 Non-Climate-Controlled | 3 Office Spaces | 1 Billboard | 30 Uncovered Outdoor Parking Spaces
• Excellent Visibility Along Bonny Oaks Drive (TN-317) (~22,000 Cars/Day)
• Growing Surrounding Population: Currently 91,348 People Living Within a Five-Mile Radius, Which Represents a 12.51% Increase Since 2010 with Projections for Continued Future Growth
• Surrounded by Numerous Residential Neighborhoods, Logistics Centers, Local Businesses, Schools, and Much More
