Shane's Rib Shack will be closing its doors on Friday at its Anderson Lane location.
However, the popular barbecue restaurant has not ruled out the possibility of re-opening somewhere else in town, according to owner Marc Palmer.
Palmer's wife Gina announced the closing on the restaurant's Facebook page late Thursday.
"Thank you, to our employees past and present and customers for 10 wonderful years," she said. "It has been a joy getting to know so many of you. God has truly blessed us. However, we have decided not to renew our lease. The last day of the lease is tomorrow, March 31st, 2017. Thank you again for letting Marc and I be a small part of your lives."
Marc Palmer says the phones have been ringing off the hook ever since the announcement. And the calls haven't just been from diners.
"Since we posted that on Facebook, I've received calls from just about every strip mall owner in the city asking if we'd consider moving to their location," said Palmer.
Palmer, whose family has been a staple in the community for the past decade, said he's considering other locations. The restaurant's corporate office decided not to renew the 10-year lease in the area known as the Shoppes at Parish Place, he said.
The restaurant isn't the only business to close and/or move recently from the strip center built in 2007 across from Wal-Mart.
Retailer Trendy Trunk opened in early March just down the street at 217 Indian Lake Boulevard in the Merchant Pointe shopping area. Radio Shack closed after filing for Chapter 11 bankruptcy in 2015.
Palmer said his family appreciates the many well wishes they've received since announcing the restaurant's closure.
"We just love this community," he said. "We really do."
Shane's Rib Shack has 75 locations in 10 states, according to its website. The two other Tennessee locations are in Cleveland and Chattanooga.