Note: This story was updated on March 30 to clarify in the headline that the Red Lobster restaurant has not closed.
A Hamilton Place building near the mall that holds a well-known restaurant may be ready to serve up a change of ownership.
The 9,100-square-foot building holds the Red Lobster restaurant, where there is a long-term lease on the property at 2200 Bams Dr., according to commercial real estate broker Glen Kunofsky of NNN Pro Group.
The asking price is $7.67 million for the structure that sits on a nearly two-acre lot.
Bams Drive is located close to Hamilton Place mall, which is the No. 1 retail center in the Chattanooga area. The building is situated near a number of other retail and commercials structures, including close proximity to a couple of shopping centers holding major tenants.
