3901-3975 Hixson Pike
Chattanooga, TN 37415

AA CREDIT RATED TENANT Walmart is an Investment Grade Tenant Lease with a Standard & Poor’s rating of AA. Walmart is a publicly traded company (NYSE: WMT) ranked the #1 Fortune 500 Company. Walmart is the world’s largest retailer and employer with 11,000 +/- stores worldwide. ATTRACTIVE LONG-TERM NNN GROUND LEASE Walmart Neighborhood Market on a 20-Year Corporate Guaranteed NNN Ground Lease with 17 1/2 Years remaining. There are 16, 5-Year renewal option periods each with 5% rent increases. The Tenant is 100% responsible for all expenses, including roof, structure, taxes, insurance, and common area maintenance (CAM). STRONG RETAIL LOCATION This property is well located at the high traffic signalized intersection of Hixon Pike (23,119 VPD) and Ashland Terrace Road (16,171 VPD). Surrounding national retailers include Big Lots, Dollar Tree, CVS, Tuesday Morning, Arby's, McDonalds, Papa John's, and More. The 5-Mile population for the subject property is over 96,778 with an Average HHI of $70,375. CHATTANOOGA MSA Chattanooga is the fourth-largest Tennessee city with a population of 177,571 and is the seat of Hamilton County. The MSA boasts a population of 556,548 and has grown 5.1% since 2010. Located in southeastern Tennessee, on the Tennessee River, served by multiple railroads and Interstate highways, Chattanooga is a transit hub. Chattanooga lies 120 miles northwest of Atlanta, GA, 120 miles southwest of Knoxville, TN, 135 miles southeast of Nashville, TN, 120 miles northeast of Huntsville, AL, and 148 miles northeast of Birmingham, AL The city has received national recognition for the renaissance of its beautiful downtown and redevelopment of its riverfront which has spurred growth and attracted many notable companies to locate operations in the MSA including Volkswagen, Amazon, Coca Cola, and McKee Foods, makers of Little Debbie. Chattanooga’s turnaround was its riverfront – a $120 million project completed in 2005 that paved the way for popular events like the Ironman Triathlon and the River Rocks festival. A technology evolution came next in 2010 when Chattanooga’s electric power board premiered the fastest Internet service in the country. Now homegrown startups like Bellhops and tech transplants like Carbon Five find themselves at home in Chattanooga. The Chattanooga Convention and Trade Center is solidly booked throughout the year and Chattanooga is home to The University of Tennessee Chattanooga (11,533 Students). Click attachments below to access Offering Memorandum!