5104 Hixson Pike Restaurant Opportunity

Retail-Commercial for Lease
Catylist Listing ID: 30353754
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub
Contiguous Space: 10,000 SF
Building Size (RSF): 10,994 SF
Gross Building Area: 10,000 SF
Lease Rate: $17 PSF (Annual)
Base Monthly Rent: $14,166
Lease Types: NNN
Last Updated: 12/4/2018

Overview / Comments

IMMEDIATE OCCUPANCY! This building has approx. 10,000 SF of space is located in a high traffic area of Northgate Mall near the intersection of Hixson Pike and Northpoint Boulevard. Two easements allow easy entry and exit with the ability to use the traffic light at the intersection.

Newly renovated facade, new rook, parking lot has new seal coat and striping with fire lanes and handicap parking, parking lot lights, updated HVAC system, pylon sign available on Hixson Pike (all signage is subject to local code/ordinances.

Premises are separately metered and tenant pays utilities.

Approximately 32,596 vehicles per day / Average Household Income $75,564

Directions: From I-75 South to Hwy 153 North. Use the right 2 lanes to take exit 4 for TN-153 N toward Chickamauga Dam Airport. Continue onto TN-153 N. Take the TN-319/Hixson Pike exit. Merge onto TN-319/Hixson Pike.Turn right after Captain D’s (on the right). Turn right. Destination will be on the left.

Expand All Available Space

Suite: 5104 10,000 SF $17 PSF (Annual) NNN
Space Available: 10,000 SF
Lease Rate: $17 PSF (Annual)
$14,166 (Monthly)
Lease Type: NNN
Space Description: This space was formerly Ryan's steakhouse and most recently a Chinese Buffet Restaurant. The space comes fully furnished with tables, chairs, and kitchen equipment.
Space Subcategory: Office Building, Free-Standing Store
Date Available: 12/3/2018
Space Type: Relet
Kitchen Yes
Rent Escalators Step-Up Lease
Rent Escalators Description $0.35 annual increases ("as-is" basis)

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton
Tax ID/APN: 110B A 002.04
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Northpoint Blvd. and Northgate Mall Lane
Property Visibility: Excellent
Largest Nearby Street: Hixson Pike and Highway 153
Traffic/Vehicle Count: 32,596
Highway Access: Highway 153
Airports: Chattanooga Metropolitan Airport
Site Description: Located in a high traffic area of Northgate Mall near the intersection of Hixson Pike and Northpoint Boulevard. Two easements allow easy entry and exit with the ability to use the traffice light at the intersection.
Area Description: High traffic location just one block from major shopping district of Northgate Mall, with easy access to the mall via Northpoint Blvd.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,000 SF
Property Condition: Average
Year Built: 2001
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Stone, Stucco, Vinyl Siding
Parking Type: Structure
Heat Type: Electricity
Air Conditioning: Package Unit
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,441 39,520 97,442
Median Age: 38.91 42.2 39.77
Households: 1,541 17,261 41,833


Photograph of Listing Agent

William B Raines Jr.

The Raines Group, Inc. Greater Chattanooga REALTORS® Member
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