Swig- Chattanooga MSA

Swig- Chattanooga MSA

For Sale

5114 Highway 153, Hixson, TN 37343

This Hixson property for sale is located at 5114 Highway 153. The current listed sale price for Swig- Chattanooga MSA is $1,667,000. Swig- Chattanooga MSA is situated on a lot that is 0.54 acre in size.

Contacts

broker
Austin Wilson

RealtyLink

Property Details

  • Property Type Retail - Restaurant
  • Property Size 1,200 SF
  • Lot Size 0.54 Acre
  • Parking Spaces Avail. 16
  • Property Tenancy Single Tenant
  • Year Built 2022
  • Date Updated Mar 17, 2025
Hixson TNRealtyLink is proud to present this net lease retail investment opportunity in the Chattanooga MSA occupied by Swig Drinks, a popular and growing beverage company that is sweeping the nation with almost 100 existing and coming soon locations. (“Swig” or the “Property”). The half-acre site was originally developed in 2022 for a local QSR brand. In October of 2024, Swig executed a 10-year lease to take over the 1,200 SF drive-thru building. The lease is structured as absolute triple net (“mailbox money”) with 3% rent bumps annually and multiple 5-year renewal options. A personal guaranty accompanies the lease. The Property is located 8 miles from both downtown Chattanooga and the Metro Airport in the growing suburban community of Hixson. It’s situated on 6-lane Hwy 153, the market’s primary commercial corridor with traffic counts in excess of 50,000 cars per day. Chattanooga is centrally located between Atlanta, Nashville, Knoxville and Birmingham, and is a Top 50 performing metro area.
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Highlights

  • 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
  • The Larry H. Miller Company, a real estate and entertainment investment company, acquired a majority stake in 2022, which was
  • later named Deal of the Year by Franchise Times

Getting around

  • 37/100

    Walk Score ®

  • 21/100

    Transit Score ®

  • 34/100

    Bike Score ®

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Location

  • City Hixson, TN
  • Neighborhood Meadow Trace
  • Zip Code 37343
  • Market Chattanooga

Points of Interest

  • Grand Junction

    4.17 miles

  • East Chattanooga

    4.26 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Austin Wilson

RealtyLink

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