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Northtowne Square 5200-5425 Highway 153 24,886 SF of Retail Space Available in Hixson, TN 37343
HIGHLIGHTS
- Heavy Daytime foot Traffic
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 100 | 24,886 SF | 22’3” | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $298,632 /YR $24,886 /MO | Triple Net (NNN) |
5230 Highway 153 - 1st Floor - Ste 100
Discover an exceptional opportunity with this expansive 24,886 SF space located at 5230 Tn-153 in Hixson, TN. Anchored by Crunch Fitness, the center benefits from a high-traffic environment with over 50,000 vehicles passing daily, ensuring optimal exposure for your business. with a robust customer base within a five-mile radius-162,800 residents boasting a median household income of $72,000 and and average household income of $107,000-this location offers a dynamic mix of active, affluent consumers ready to engage.
- Lease rate does not include utilities, property expenses or building services
- 2 Loading Docks
- Finished Ceilings: 22’3”
- Busy Intersection
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT NORTHTOWNE SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Bargain Hunt
- Discount Store
- 13
- Regional
- Buffet King
- Restaurant
- 1
- Local
- Crunch
- Fitness
- 798
- International
- Liquor World
- Retailer
- -
- -
- Scenic City Boot Camp
- Fitness
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Bargain Hunt | Discount Store | 13 | Regional |
| Buffet King | Restaurant | 1 | Local |
| Crunch | Fitness | 798 | International |
| Liquor World | Retailer | - | - |
| Scenic City Boot Camp | Fitness | 1 | - |
PROPERTY FACTS
FEATURES AND AMENITIES
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Northtowne Square | 5200-5425 Highway 153
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