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5110 Hixson Pike, Hixson, TN 37343

Commercial property for lease

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  • Description
  • Let Us Light Your World has been in business in Hixson, TN since 1980 (33 years). It offers a wide variety of lamps, lamp shades, and accessories and also has a custom lamp repair and service shop. There are about 2 years left on the existing lease. Everything you will need to run the business is on site including available inventory, equipment and shelving, tools, repair parts, name, sign and customer base. There is about $60,000 of inventory which is not included in the sales price. The sales price does include equipment which is itemized in an attachment. The business is located in a well-trafficked strip center in Hixson just next to Northgate Mall. The strip center has five tenants of which two include Five Guys Burgers and Sherwin-Williams. Traffic counts on Hixson Pike are more than 30,000 cars per day. The sellers are ready to retire after 33 years of growing a very nice niche business. There is still great upside in this business. Sales are already on an upward trend. The timing is great in terms of the economy and housing market. The suite is leased at $1,693.85 per month($12.10/SF) and is inclusive of property taxes and insurance. Gross sales were about $275,000 in 2012 and and $255,000 in 2011. Sales for 2013 are on pace to reach $290,000 or more. Profits are strong at about 30% or more than $70,000 per year. Profits for 2013 are up significantly. Building price details: $220,000.
  • Property Details
  • Building Name: Let Us Light Your World
    Property Type: Commercial (Other)
    Status: Available
    Number of Stories: 1
    Year Built: 1965
    MSA: Chattanooga
    Zoning: C2
    Buildings: 1
    Tenancy: Single Tenant
    Broadband Internet: Cable, DSL, Satellite
    Terms: Cash to Seller
    Added: 10/16/2013
    Last Update: 11/28/2013
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 41
    Parking Type: Surface
  • Contact info
  • Robert Fisher: 423-664-1550 [Office]
    KW Commercial

  • Note

  • Details Info about this row that located on 5110 Hixson Pike, Hixson, TN 37343 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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