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Hixson Pike Drive-Thru Opportunity
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5237 Hixson Pike, Chattanooga, TN 37343

Adaptable commercial building with drive-thru on Hixson Pike.

Property Size1,875 SF
Price / SF$640
Days on Market217

Property Features for 5237 Hixson Pike

General Information

Standard status Active
Size 1,875 SF
Class A
Property subtype Office, Retail
Zoning CC

Building Details

Year Built 2006
Year Renovated 2016
Buildings 1
Stories 1
Units 1
Listing Agency: Tower Property Group, LLC
Listed By: Jon Hughes · License #TN 294692
Source: Crexi
Added: Feb 20 Changed: Sep 24 Last Checked: Sep 24 at 9:45AM

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 Tower Property Group, LLC

Investment Insights

Based on property information with market context.

Located on Hixson Pike in Hixson, Tennessee, this commercial building presents a prime opportunity for sale or lease. The property features an existing drive-thru and high-visibility frontage on a major arterial, which sees approximately 30,000 vehicles per day. The location is strategically positioned within Hixson’s primary retail trade area, benefiting from consistent consumer traffic generated by surrounding shopping centers, service retailers, grocery stores, and daily-needs destinations. The site supports strong daytime and evening activity, making it ideal for high-frequency retail and food service operators. The property is adaptable for a quick service restaurant, pharmacy, fast-casual restaurant, or a distinctive creative office conversion seeking high visibility and convenient access. The building size is 1,875 square feet. The location is surrounded by established national and regional retailers. The drive-thru configuration creates immediate value for quick service restaurants, pharmacy operators, financial institutions, boutique fitness or specialty retail, and creative office or showroom users seeking standout curb appeal.

Key Highlights

  • Existing drive‑thru infrastructure ideal for QSR, pharmacy, or fast‑casual restaurant
  • High‑visibility frontage on Hixson Pike
  • Strong daily traffic counts (~30,000 VPD)

Property Analytics

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Current Use

Drive through restaurants

Suggested Use

Top Pick HVAC Service Electrical Service Garden Center Locksmith Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

878
Businesses Nearby
79k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 46% Beauty & Spa 2% Home Improvements & Furnishings 2%
Dutch Bros. Coffee Dining
18,538 visits/mo 0.5 miles
Raceway Shops & Services
12,869 visits/mo 0.4 miles
Captain D's Dining
8,861 visits/mo 0.4 miles
Five Guys Dining
7,663 visits/mo 0.4 miles
Truist Shops & Services
7,135 visits/mo 0.4 miles

Demographics for 37343, TN

43,626
Population
19,031
Households
2.3
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
42.1 sq mi
ZIP Area
1,036
Density / Sq Mi
$79,177
Median Household Income
$45,151
Median Earnings
$1,258
Median Rent
$275,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Adaptable commercial building with drive-thru on Hixson Pike.
Where is this drive through restaurant located?
The property is located at 5237 Hixson Pike Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Existing drive‑thru infrastructure ideal for QSR, pharmacy, or fast‑casual restaurant; High‑visibility frontage on Hixson Pike; Strong daily traffic counts (~30,000 VPD)
(423) 432-2990 Call to check price and availability
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