Overview

Description

Northgate Mall Pads | Multi-Tenant Portfolio Investment Opportunity

The subject property is strategically located along State Highway 153 & 319, a major thoroughfare serving the Chattanooga MSA averaging 51,800 vehicles passing by daily. The site benefits from excellent visibility via significant street frontage and a large monument sign, and has multiple points of ingress/egress. The buildings are equipped with drive-thru lanes, providing ease and convenience for customers. Furthermore, the property is ideally situated in the heart of a dense, regional retail corridor, with numerous nearby national/credit tenants including a Walmart Supercenter, The Home Depot, Lowe’s Home Improvement, Target, Marshalls, Ross Dress For Less, Publix, Walgreens, Big Lots!, and many more. Strong tenant synergy significantly increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-mile trade area is supported by a population of over 86,000 with an affluent average household income of $98,429.

---