2022 construction and a 10-year absolute NNN lease with 3% annual rent bumps and 4 renewal options of 5 years each |
Swig Drinks, founded in 2010 and based in Utah, is a fast-growing brand in the beverage/snack category with almost 100 locations in 13 states |
Hixson is a dynamic trade area along the Tennessee River with over 4.3 million SF of retail that is 98% occupied (CoStar) |
Incredible traffic counts over 50,000 cars per day in front of the Property and booming population over 90,000 within a 5-mile radius of the Property |
Affluent average HH income of $107,000 and median HH income of $79,250 within a 3-mile radius |
Chattanooga is the 4th largest city in the state and welcomes nearly 16 million visitors who spend roughly $1.5 billion annually |