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5979 TN-153
Chattanooga, TN 37343
Asking Price
$2.88M
Cap Rate
4%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
New 15 Yr GL w/ 10% Bumps <p><strong style="color: rgba(10, 10, 10, 1)">NEW RELOCATION CHICK-FIL-A WITH A DOUBLE DRIVE THRU</strong></p><p><span style="color: rgba(10, 10, 10, 1)">• Brand new 6,008 SF Chick-fil-A that is currently under construction and rent is scheduled to commence in September 2026.</span></p><p><span style="color: rgba(10, 10, 10, 1)">• This property is a relocation of an existing store in the Oak Park Town Center showing Chick-fil-A’s commitment & confidence in the Hixon market.</span></p><p></p><p><
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NOI
$80,000
Cap Rate
2.78%
DSCR
0.47
Underwater
Cash-on-Cash
-10.51%
Monthly Payment
$14,223.931
Annual Cash Flow
$-90,687.176
