Restaurant
Fiamma Pizza Company
405 N Market St, Chattanooga, TN 37405
Listing Price: $1,450,000
Investment Overview
Marcus & Millichap is pleased to present for sale the Fiamma Pizza Company located in Chattanooga, TN. The 3,700 square foot restaurant with a patio was remodeled for the tenant in 2016.
Fiamma Pizza has three years remaining on their NNN lease and two 5-year renewal options with rent increases. The tenant is an experienced operator with 13 Five Guys restaurants and several other quick service restaurant concepts across multiple states.
The property is located in the trendy, highly walkable North Shore neighborhood of Chattanooga, connected by 4 bridges to downtown. The North Shore is known for its mix of independent clothing and jewelry boutiques, cozy cafes, gastropubs, and popular neighborhood restaurants. Fiamma Pizza is adjacent to a Publix and surrounded by many offices and businesses, swelling the daytime population in the area to nearly double the residential population.
Exclusively Listed By
Broker of Record
Listing Price: $1,450,000
Investment Highlights
- 3,700 Square Foot Restaurant on ±.45 Acres
- Tenant is an Experience Restaurant Operator with Multiple Concepts and Locations
- Highly Educated and Affluent Population with an Average Household Income of Over $117,000
Investment Overview
Marcus & Millichap is pleased to present for sale the Fiamma Pizza Company located in Chattanooga, TN. The 3,700 square foot restaurant with a patio was remodeled for the tenant in 2016. Fiamma Pizza has three years remaining on their NNN lease and two 5-year renewal options with rent increases. The tenant is an experienced operator with 13 Five Guys restaurants and several other quick service restaurant concepts across multiple states. The property is located in the trendy, highly walkable North Shore neighborhood of Chattanooga, connected by 4 bridges to downtown. The North Shore is known for its mix of independent clothing and jewelry boutiques, cozy cafes, gastropubs, and popular neighborhood restaurants. Fiamma Pizza is adjacent to a Publix and surrounded by many offices and businesses, swelling the daytime population in the area to nearly double the residential population.
Exclusively Listed By
Broker of Record
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