5435 Tn-153 Chattanooga, TN 37343
High-yield NNN ground lease investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Brand new 15-year corporate lease with renewal options and 10% annual rent increases; built in 2025.
- Absolute NNN ground lease; owner responsible for land only; no state income tax.
- High-visibility location directly across from Towne Center Plaza, situated on a hard corner at a signalized intersection on State Hwy 153's retail corridor.
- Strong demographics within a 5-mile radius, including high average household incomes exceeding $100,000.
Property Details for 5435 Tn-153
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,722 SF
- Year Built
- 2025
- Lot Size (sq. ft)
- 60,548 SF
Location Insight
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Latitude
- 35.1396192
- Longitude
- -85.2490988
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN ground lease investment.
- Where is the retail property located?
- The property is located at 5435 Tn-153 Chattanooga, TN.
- What is the asking price?
- The asking price for this property is $3,713,000.
- What are key features of this property?
- This property features: Brand new 15-year corporate lease with renewal options and 10% annual rent increases; built in 2025.; Absolute NNN ground lease; owner responsible for land only; no state income tax.; High-visibility location directly across from Towne Center Plaza, situated on a hard corner at a signalized intersection on State Hwy 153's retail corridor.
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