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- LoopNet Team
5414 Hixson Pike
Hixson, TN 37343
Former Earth Fare Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 38,843 Square Foot Former Grocery Anchored Center in Chattanooga, Tennessee with 32,180 Square Foot Anchor Space Now Vacant
- Extensive Recent Capital Improvements
- Income From Existing Tenants Covers All Expenses to Support Positioning of the Vacant Space
- High Growth Market
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
ABOUT 5414 HIXSON PIKE , HIXSON, TN 37343
This former grocer anchored center located in Tennessee, offers a significant repositioning opportunity in the rapidly growing Chattanooga market. The property is well located and the current income from existing tenants creates a positive NOI that will carry the property through a repositioning effort. Current tenants include Farm Bureau Insurance and Elliott’s Boots. Farm Bureau Insurance is a corporate tenant offering a full array of insurance products at this retail location including automobile, home, health and life insurance coverage. Elliot’s Boots is an established omni-channel retailer with seven store locations offering a large selection of work and casual footwear. The rent paid by these tenants covers expenses by a comfortable margin creating a positive net operating income to support the repositioning of the former Earth Fare space.
PROPERTY TAXES
| Parcel Number | 100O-D-022 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £889,967 |
PROPERTY TAXES
