We are pleased to announce the acquisition of Gadd Crossing, an Aldi-Anchored Shopping Center located at 5510 TN-153 in Hixson Tennessee. Gadd Crossing is a 94% occupied, newly renovated shopping center that features a 22,323 square foot Aldi. The property is located approximately 7 miles north of downtown Chattanooga and adds a secure and stable income stream to FNRP’s growing portfolio of premier real estate assets throughout the United States.
“Entering the Tennessee market has been a company goal of ours so we are very excited to be acquiring Gadd Crossing, a landmark asset in the Chattanooga market”, said Matt Annibale, Director of Acquisitions at FNRP. “Aldi is one of the fastest-growing grocery chains in the country and they recently made a significant reinvestment in their store at the center. They are complimented here by a strong lineup of internet-resistant, daily needs tenants, which is a key attribute of the center.”
For all media inquiries,
Contact:
NOTICE: An investment in commercial real estate is subject to risk, including the risk that all of your investment may be lost. Any representations concerning investing in commercial real estate; to include representations as to stability, diversification, security, resistance to inflation and any other representations as to the merits of investing in commercial real estate reflect our belief concerning the representations and may or may not come to be realized. *Cash distributions are not guaranteed. Any offer of a security may be made to accredited investors only pursuant to Rule 506(c) of the U.S. Securities Act of 1933, as amended (the “Act”), by an authorized representative by delivery of a complete copy of an offering memorandum including all exhibits. By using this website, accessing any material contained on this website, registering, requesting a password, or by clicking a “submit” button or the like, I hereby acknowledge, agree and warrant, under penalty of law, that (1) I am an “accredited investor” as defined by Rule 501(a) of the Act; (2) I can provide the required documentation to establish my status as an accredited investor and (2) my typed name on the electronic registration form, if submitted, is my electronic signature and is the legally binding equivalent to my manual handwritten signature.
This website and the materials contained herein may include “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements are not statements of historical fact, and may include, without limitation, projections, forecasts, estimates, business strategies, anticipated financial performance, expected property performance, market conditions, and other statements regarding future events or developments. Forward-looking statements are based on current expectations, assumptions, and beliefs about future events and are subject to risks, uncertainties, and other factors, many of which are beyond the control of FNRP. Actual results, performance, or achievements may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, among others, changes in economic conditions, market trends, tenant demand, interest rates, capital availability, regulatory developments, competitive conditions, adverse publicity, regulatory actions or litigation with respect to FNRP, and other risks inherent in real estate investment. Except as required by law, FNRP undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances, changes in assumptions, or unanticipated occurrences.
The information contained herein, including text, graphics, images and information, is general in nature and is for informational and illustration purposes only.
FNRP makes no representations or warranties of any nature whatsoever regarding any tax matters, including, without limitation, the ability of an investor to invest in FNRP with its specific self-directed IRA vehicle. The investor should independently obtain advice from his or her own independent legal counsel and/or tax accountant and/or IRA servicer regarding any such investment and the tax benefits and burdens associated with same.
*All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them. Any product names, logos, brands, and other trademarks or images featured or referred to within are the property of their respective trademark holders. None of the trademark holders are affiliated with FNRP.
Copyright ©2025. FNRP. All Rights Reserved
