Leased Restaurant with NN
2318 Lifestyle Way Chattanooga, TN 37421
2318 Lifestyle Way, Chattanooga, TN, 37421
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For Sale
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Restaurant property with 16.6 years remaining on a double-net lease and scheduled 10% rent increases every five years.
Property Size5,865 SF
Days on Market104
Property Features for 2318 Lifestyle Way
General Information
- Standard status
- Active
- Size
- 5,865 SF
- Property subtype
- Retail
Listing agency
SURMOUNT
(332) 345-4222
Listed by
Glen Kunofsky · License #NY 49KU1129178
Source
Crexi
Added: Apr 11 Updated: Jul 23 at 5:40AM Checked: Jul 23 at 5:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
This for-sale restaurant property is exclusively offered as the Mellow Mushroom location at 2318 Lifestyle Way. The site includes approximately 5,865 rentable square feet of building space and features 16.6 years remaining on a double-net (NN) lease.
The initial annual rent is $232,104, with scheduled increases of 10% every five years.
The offering is structured as a single leased restaurant asset, providing a defined remaining lease term and contracted rent escalations.
The initial annual rent is $232,104, with scheduled increases of 10% every five years.
The offering is structured as a single leased restaurant asset, providing a defined remaining lease term and contracted rent escalations.
Key Highlights
- Mellow Mushroom restaurant at 2318 Lifestyle Way in Chattanooga, Tennessee
- Site includes about 5,865 rentable SF of building space
- Lease has 16.6 years remaining on a double‑net (NN) structure
Property Analytics
Location Intelligence
Current Use by Public Records
Mellow Mushroom Chattanooga ...
Take-out & Catering
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant property with 16.6 years remaining on a double-net lease and scheduled 10% rent increases every five years.
Where is this conventional restaurant located?
The property is located at 2318 Lifestyle Way Chattanooga, TN.
What are key features of this property?
This property features: Mellow Mushroom restaurant at 2318 Lifestyle Way in Chattanooga, Tennessee; Site includes about 5,865 rentable SF of building space; Lease has 16.6 years remaining on a double‑net (NN) structure
