5513 Highway 153 - Restaurant FOR SALE


Hixson, TN 37343
$8,187,000 USD
480-221-4221
5513 Highway 153, Hixson, TN for Sale
$8,187,000 USD
Restaurant - FOR SALE
1/9
null | 6.75% Cap Rate

5513 Highway 153
Hixson, TN 37343


HIGHLIGHTS

  • Strong, E-Commerce Resistant Tenant Lineup | 100% Leased Starbucks With Drive-Through | 5 Years WALT | NNN Leases
  • Excellent Visibility & Access | Adjacent to ALDI Anchored Center |Dense Retail Corridor | Nearby National/Credit Tenants
  • Strong Demographics In 5-Mile Trade Area | Affluent 6-Figure AHHI

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a freestanding with drive-through, multi-tenant retail building investment property located in Hixson, Tennessee. The offering features a strong food and service-based tenant lineup of Starbucks, Crumble Cookies, I Heart Mac And Cheese, T-Mobile, Sega Dental, and 100 Food Sushi. The tenants operate under leases that are NNN in nature, limiting expense leakage for a future investor. Additionally, Starbucks is equipped with an end-cap drive-through lane, which provides ease and convenience for customers. The building is recently built in 2021 featuring a state-of-the-art design and high-quality materials. The property is at 100% occupancy, providing stable cash income stream, ideal for a future passive investor.

FOR SALE DETAILS

PRICE

$8,187,000 USD

PRICE/SF

$536 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Retail | Sbux DriveThru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

86

LAND DETAILS

LAND ACRES

1.97 AC

LAND SF

85,813 SF

ZONING

C-2

APN/PARCEL ID

099L-E-012

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.