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Gadd Crossing 5510 Highway 153 1,200 SF of Retail Space Available in Hixson, TN 37343
HIGHLIGHTS
- Gadd Crossing is a dominant shopping center in the area along HWY 53 with over 45,000 VPD.
- The center can directly be accessed along Gadd Road, allowing convenient ingress/egress into the surrounding neighborhoods.
- This center has excellent visibility along TN-153.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 192 | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
5510 Highway 153 - 1st Floor - Ste 192
- Located in-line with other retail
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 GADD CROSSING
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- ALDI
- Discount Grocer
- 3,051
- International
- Edward Jones
- Finance Company
- 17,927
- International
- Gold's Gym
- Fitness
- 480
- International
- Hixson Pet Wellness Center
- Animal Care/Groom
- 1
- Local
- Little Caesars
- Pizza
- 4,803
- International
- Soho Hibachi
- Restaurant
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| ALDI | Discount Grocer | 3,051 | International |
| Edward Jones | Finance Company | 17,927 | International |
| Gold's Gym | Fitness | 480 | International |
| Hixson Pet Wellness Center | Animal Care/Groom | 1 | Local |
| Little Caesars | Pizza | 4,803 | International |
| Soho Hibachi | Restaurant | 1 | Local |
PROPERTY FACTS
| Total Space Available | 1,200 SF | Frontage | 491’ on Tn-153 Hwy |
| Center Type | Neighborhood Center | Gross Leasable Area | 73,892 SF |
| Parking | 465 Spaces | Total Land Area | 6.44 AC |
| Stores | 16 | Year Built | 1989 |
| Center Properties | 2 |
| Total Space Available | 1,200 SF |
| Center Type | Neighborhood Center |
| Parking | 465 Spaces |
| Stores | 16 |
| Center Properties | 2 |
| Frontage | 491’ on Tn-153 Hwy |
| Gross Leasable Area | 73,892 SF |
| Total Land Area | 6.44 AC |
| Year Built | 1989 |
ABOUT THE PROPERTY
Gadd Crossing is located in a dominant, highly-visible community shopping center in Hixson TN located along Hwy 153 with over 45,000 VPD with anchor tenants ALDI, Gold's Gym and Moe's Southwest Grill. Only prime retail space available at 1,200 SF. ALDI has a consistent, heavy stream of people coming to the center driving foot traffic to joint retailers. Access from lights, and main arteries to Chattanooga. There is also several parking areas for any overflow. Gold's Gym, Mimi's Nails, Hixon Pet & Wellness, and Techniques Salon are just some of the fellow tenants that drive traffic to this Shopping area. Major part of Hixson and Middle valley north of Downtown Chattanooga. This area is growing and has many opportunities for new business with the influx of new construction and business to this part of town.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Gadd Crossing | 5510 Highway 153
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