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5579-5591 Highway 153
Hixson, TN 37343

Towne Center North · Retail Property For Sale

Investment Highlights

  • Shadow-anchored by a recently remodeled and high-performing Target, one of the most sought-after regional consumer draws in the country
  • National shadow anchor and anchors – Target, Best Buy, Bed Bath & Beyond, and PetSmart, comprise over 88% of the Total GLA
  • Notable recent leasing momentum with national tenants, highlighted by a 10-yr lease with Sola Salon in 2020 and a 5-yr lease with Eyeglass World
  • Strategically located on the north side of Chattanooga, TN, a rapidly-expanding city with one of the fastest growing job markets in the Southeast
  • Well-positioned along TN-153 – one of the city’s most highly-trafficked corridors, connecting growing northern suburbs with Downtown Chattanooga
  • National outparcel draws count Applebee’s, Comtrust Federal Credit Union, Longhorn Steakhouse and Olive Garden

PROPERTY FACTS

Property Type
Retail
Building Size
89,327 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Land Acres
12.77 AC
Zoning
C-2 Commercial
Parking
532 Spaces (5.96 Spaces per 1,000 SF Leased)
Frontage
654 FT on Hwy 153

Amenities

  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 100I-A-001
  • 100I-A-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,366,040
  • Listing ID: 24967287

  • Date on Market: 2/2/2022

  • Last Updated:

  • Address: 5579-5591 Highway 153, Hixson, TN 37343

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