Northgate-Medical Office/Restaurant Opportunity For Lease

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30353754
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Other
Contiguous Space: 2,500 - 10,000 SF
Building Size (RSF): 10,994 SF
Gross Building Area: 10,000 SF
Lease Rate: $14 - 16 PSF (Annual)
Base Monthly Rent: $11,666 - 13,333
Lease Types: NNN
Last Updated: 7/8/2020

Overview / Comments

IMMEDIATE OCCUPANCY! Previously a Ryan's Steakhouse. Walk-in coolers, tables & chairs, etc. included. This building has approx. 10,000 +/- SF of space and 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.

Signage on Hixson Pike with approximately 32,596 vehicles per day / Average Household Income $75,564.

This is 1.7 acres with a newly renovated facade, new roof, ample parking, 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.

The site is located minutes from CHI Memorial Hixson Hospital and Corporate Image Office Park with multiple medical and professional offices. Northgate One and Northgate Two with many doctor offices. There are two assisted living facilities and one independent living facility nearby.

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 behind Captain D's. Destination will be on the left.

Expand All Available Space

Suite: 5104 10,000 SF $14 - 16 PSF (Annual) NNN
Space Available: 10,000 SF
Minimum Divisible: 2,500 SF
Lease Rate: $14 - 16 PSF (Annual)
$11,666 - 13,333 (Monthly)
Lease Type: NNN
Space Description: This space was formerly Ryan's steakhouse Restaurant. The space comes fully furnished with tables, chairs, and kitchen equipment (if needed).
Space Subcategory: Office Building, Medical
Date Available: 5/1/2019
Lease Term: 60 Months
Space Type: Relet
Kitchen Yes
Rent Escalators Step-Up Lease
Rent Escalators Description 2% 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 Hixson Pike
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: 2018
Roof Type: Gable
Construction/Siding: Stone, Stucco, Vinyl Siding
Exterior Description: Newly Renovated Facade
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
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
Photograph of Listing Agent

Richard J Howard

The Raines Group, Inc. Greater Chattanooga REALTORS® Member
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