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5248 Highway 153
Hixson, TN 37343
Chipotle · Retail Property For Sale

Investment Highlights

  • New 15-Year Absolute NNN Lease to Chipotle (NYSE: CMG) with Scheduled 10% Rental Escalations Every 5 Years
  • Highly Functional Footprint Featuring “Chipotlane” Drive-Thru Component - Contactless App-Based Ordering Ideal for Pandemic Precautions
  • Average Household Income of $80,881 within 3 Miles of Site
  • Excellent Access and Visibility Along Highway 153 Retail Corridor – 50,023 AADT
  • Population of 91,509 within 5 Mile Radius
  • Approximately 7 Miles from Downtown Chattanooga

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.64 AC
Zoning
CM

Property Taxes

Property Taxes

Parcel Number
110H-E-004.11
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,765,760
  • Listing ID: 22556642

  • Date on Market: 3/24/2021

  • Last Updated:

  • Address: 5248 Highway 153, Hixson, TN 37343

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