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    5230 Tennessee 153 Chattanooga, TN 37343

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    For Lease
    $12 SF/Yr

    High-traffic retail space in Hixson, TN, anchored by Crunch Fitness.

    Property size:
    80,063 SF
    Lot size:
    80,063 SF

    Property Features for 5230 Tennessee 153

    General Information

    Size
    80,063 SF

    Source: John Markley Agent John Markley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center Anchored by Fitness

    This well-maintained retail center is designed to accommodate a variety of business models within its spacious, modern facility. The property's strategic placement along TN-153 offers significant visibility and supports operational efficiency with its thoughtfully planned layout. Anchored by Crunch Fitness, the center enjoys continuous foot traffic and a vibrant community atmosphere, making it an ideal destination for retailers and service providers looking to establish a strong local presence. The expansive 24,886 SF space is located at 5230 Tn-153 in Hixson, TN. The center benefits from a high-traffic environment with over 50,000 vehicles passing daily, ensuring optimal exposure. It has a robust customer base within a five-mile radius of 162,800 residents boasting a median household income of $72,000 and an average household income of $107,000.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Similar Places Nearby

    Middle Valley Plaza

    Map

    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2137
    Latitude
    35.167

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    FAQs

    What type of property is this?
    Shopping center - High-traffic retail space in Hixson, TN, anchored by Crunch Fitness.
    Where is this shopping center located?
    The property is located at 5230 Tennessee 153 Chattanooga, TN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on TN-153 with over 50,000 vehicles passing daily.; - Anchored by Crunch Fitness, ensuring continuous foot traffic.; - Large 24,886 SF space suitable for various business models.
    (423) 243-6348
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5230 Tennessee 153 Chattanooga, TN 37343
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