5149 Hixson Pike, Chattanooga, TN 37343
Restaurant/retail space on Hixson Pike, includes established business.
- Added:
- Mar 3, 2026
- Days on Market:
- 116
- Last Refresh:
- Mar 16 at 1:47 pm
Property Features for 5149 Hixson Pike
General Information
- Standard status
- Active
- Size
- 4,428 SF
- Property subtype
- Business for Sale, Mixed Use, Retail
Building Details
- Year Built
- 1926
Listing office Keller Williams Realty (423) 664-1600
Listing date Mar 3, 2026
Source Crexi
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 Keller Williams Realty
HighLights
- High‑traffic location on Hixson Pike with over 30,000 cars per day, providing excellent exposure.
- Includes the sale of the established and well‑known Nicks Deli business.
- Features 4,400+ square feet of restaurant/retail space.
- Signalized intersection at Hixson Pike and Austin Road allows easy access.
- Long‑standing business (Nicks Deli) with over 20 years in the community.
- Corner unit in a strip mall with available parking.
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.0k | $19.20 |
| − Vacancy | −$6.8k | −$1.54 |
| EGI | $78.2k | $17.66 |
| − OpEx | −$29.3k | −$6.62 |
| NOI | $48.9k | $11.04 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Buffet King — 5230 TN-153, Hixson, TN 37343
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2372607
- Latitude
- 35.1373386
