5102 Hixson Pike - Freestanding FOR SALE
Hixson, TN 37343 |
5102 Hixson Pike
Hixson, TN 37343
HIGHLIGHTS
- Brand new 15-year absolute NNN Ground lease that will commence in 2023
- The lease calls for 10% increases every 5- years, providing a hedge against inflation.
- One Block away from TN-153 Interchange with over 76,000 vehicles per day
- Dutch Bros is a growing coffee operator - recent IPO (NYSE: BROS); 640+ unit operator and growing. Dutch Bros (NYSE: “BROS”) recently went public – no
- Situated along Hixson Pikeway and Northpoint Blvd, seeing 30,800 VPD
- Property is located in an affluent trade area with an average household income of $91,100 within 5 miles
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Dutch Bros Coffee
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
975
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
58
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
110B-A-002.17
