5235 Tn-153 Chattanooga, TN 37343
This exceptional commercial property, located at 5235 Highway 153 in the Hixson submarket of Hamilton County, presents a unique investment opportunity. The property consists of a single-tenant, 2,300 square foot retail building situated on a generous 1.1-acre lot (47,916 square feet). Built in 2011, the building is currently vacant and offers significant potential for a variety of retail uses. The property features ample parking, accommodating 25-35 vehicles. The zoning is C-2, allowing for a range of commercial activities. Utilities are provided by EPB. The property's convenient location on Highway 153, with cross access to Hamill Road, ensures high visibility and accessibility. The parcel number is 110I H 036.01. This offering is presented as a triple net (NNN) ground lease, providing a straightforward and attractive investment structure. The building's previous use was as an Advance Financial drive-through, suggesting a layout well-suited for similar businesses. This property is situated within the Hwy 153 submarket cluster, a thriving commercial area in Hixson. The single-story building offers a practical and efficient layout for a variety of retail concepts.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.