Former Bruster's Ice Cream Location on Hixson Pike

Retail-Commercial for Sale
Catylist Listing ID: 30163373
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad
Building Size (RSF): 1,368 SF
Gross Building Area: See Agent
Gross Land Area: 0.93 Acres
Sale Price: $470,000
Unit Price: $343.57 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Bruster's Ice Cream
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/11/2017

Overview / Comments

Prime location on the major Hixson Pike corridor, this retail property thrives with great frontage and excellent visibility to over 30,000 vehicles each day. Property was previously occupied by Bruster's Ice Cream and features a 1,300 sq. ft. building with a walk-in freezer and refrigerator. Plenty of parking with over 30 free-surface spaces available on the 0.93 acre lot. Other amenities include a drive-thru system that is already in place and a large, pylon sign that fronts Hixson Pike. Built in 2003, the building remains in "like new" condition and is ready for occupancy for future retail/restaurant business.

Property is located directly across the street from the North River YMCA and is surrounded by other free-standing retail including Taco Bell, McDonald's, Precision Tune Auto Care, Sonic, Hamilton Funeral Home and NorthGate Animal Hospital. Site is situated less than 10 minutes to downtown in the highly desirable Chattanooga suburb - Hixson. This area has experienced tremendous growth over the past several years and is a large population market in need of retail. This retail location serves a large market that includes residents of HIxson, Signal Mtn., Soddy Daisy, Red Bank and North Shore.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 109M K 002.03
Retail Clientele: General, Family, Business
Property Located Between: Hixson Pike and Dupont Parkway
Property Visibility: Excellent
Largest Nearby Street: Hixson Pike
Feet of Frontage: 140
Traffic/Vehicle Count: 30,748
Highway Access: 0.2 mile access to Dupont Parkway; 0.9 mile access to Hwy 153 via Hamill Road; 8.9 miles to access I-75 via Hwy 153
Airports: Chattanooga Metropolitan Airport (CHA) - 8.6 miles
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2003
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT:3 DIST:1 LT 3 FRED ROBINSON ESTATE SUB PB 71 PG 3 MAP REF:MB 71 PG 3

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,289 40,852 111,616
Median Age: 39.06 39.98 39.63
Households: 1,479 18,267 48,405

Contact

Photograph of Listing Agent

Joe M Pleva

KW Commercial GCAR CMLS Member
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