AVAILABLE QSR

INVESTMENT HIGHLIGHTS

STRONG REAL ESTATE FUNDAMENTALS

• Rare opportunity to acquire two, ready-to-go fast food/QSR properties
• The property is a prominent position less than half a mile from Hwy 153, surrounded by traffic generators including Food City, Plaza 58 Shopping Center, Rite Aid, and many others
• The location features significant street frontage, drive-thrus, ample parking, signage, and multiple points of ingress & egress
• The property can be repurposed for various commercial uses beyond restaurants

CHATTANOOGA ADVANTAGE

• Nicknamed the Scenic City, Chattanooga is the 3rd largest city in Tennessee
• Low retail vacancy of 3.0%, with rents increasing at approximately 4.3% in the past 12 months, according to CoStar data
• Metro population of ±559,860, and ±187,030 in the City of Chattanooga with population growth of 3.3% since 2020 (Census.gov)
• Chattanooga has benefited from more than $14 billion in new business investment since 2008
• The region’s $43.9 billion economy encompasses major industry clusters in advanced manufacturing, automotive production, health services, textile production, transportation and logistics, as well as food and beverage production
• Chattanooga has become what CNBC called a “manufacturing magnet”
• Approximately 31,200 workers are employed in manufacturing jobs in the Chattanooga metro area
• The city is home to major employers contributing to economic stability and employment opportunities
• Amazon Fulfillment Center: Chattanooga is home to an Amazon facility, contributing to the region’s job market
• Erlanger Health System: One of the largest health systems in the region, providing employment opportunities in healthcare
• Volkswagen Chattanooga: A major automotive manufacturing plant, employing several thousand workers