Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General located in Hixson, TN (Hixson is now part of the City of Chattanooga). The site is located in Hixson Pike just north of Chattanooga, at the north shore of the popular Chickamauga Lake, and only ±3 miles from Hixson High School. The subject property has a 15-year NNN lease with 5% increases every 5 years during the primary term and each option, and a rent commencement date of November 13, 2024. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.
The subject property is located on Hixson Pike, just north of downtown Chattanooga, TN on Chickamauga Lake. The Hixson store is about a mile north of both the Valleybrook Golf and Country Club and Creeks Bend Golf Club. It is across the street from Hixson Presbyterian Church and Stonewall Farms subdivision. It’s surrounded by neighborhoods, retail, restaurants, etc. The Chattanooga–Cleveland–Dalton, TN combined statistical area is one of the largest industrial and manufacturing hubs in the state of Tennessee, and Chattanooga is a popular college town due to the presence of UT Chattanooga, with over 11,300 students and 116 undergraduate programs.