7-Eleven w/ Dual Restaurant Chattanooga, Hixson

5226 Hwy 153
Chattanooga, Hixson

Price: $7,550,133
Cap Rate: 5.25%
NOI: $396,382
Building Size: Approx. 5,464 Sq. Ft.
Lot Size: Approx. 1.56 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2023

Investment Overview

  • 2023 Construction. 5,464 +/- SF Building on 1.56+/- Acre Site
  • Brand New 15-Year Absolute NNN Corporate Lease w/ 7.5% Rental Increases and (4) 5-Year Options
  • Strategic Highway Location with RIRO Access and Strong Traffic Counts (70K Combined VPD)
  • Anchored by Starbucks, Chipotle, and Smoothie King and Shadow Anchored by CVS
  • Subject Property is Also Anchored by CHI Memorial Hospital Hixon (73-Bed Hospital)
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Chattanooga  |  Fastest Growing City in Tennessee  |  Population: 182,000+

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