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574 Northgate Mall dr
Hixson, TN 37343
Miller’s Ale House · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute NNN lease – No landlord management obligations
  • Ideally located in a strong retail corridor with above average household incomes and very strong daytime population counts
  • Tennessee has NO STATE INCOME TAX
  • Scheduled rent increase of 10.4% at year 6 (2028) then 2% annually throughout the rest of the initial term and renewal options
  • Corporately guaranteed, long-term 12-year lease

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,202 SF
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.50 AC
Zoning
C2
Parking
150 Spaces (20.83 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
110H-E-003.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,517,600
  • Listing ID: 31416440

  • Date on Market: 4/4/2024

  • Last Updated:

  • Address: 574 Northgate Mall dr, Hixson, TN 37343

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