Hixson Crossing
Property Type: Retail | Property Status: Sold
Property Details
Price: $3,410,000
CAP Rate:
Square Feet:
Tenancy Type: Mixed
Lease Type: NNN
Location Info
Address: 5550 Highway 153
City: Hixson (Chattanooga)
State: TN
Zip: 37343
Property Description
Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of Hixson Crossing located in Hixson, a suburb of Chattanooga, Tennessee. Bob Havasi, Vice-President of Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the owner, a private investor out of Tennessee, while the buyers were a private investment group out of South Carolina. The sale of the multi-tenant property was for $3,410,000, which was 97% of list price, equal to $270.00 per square foot and a CAP Rate of 8.01%.
Details