Pre-Leasing // Redevelopment Opportunity

Office for Lease
Also listed as Retail-Commercial, Shopping Center
Catylist Listing ID: 30199459
Property Subtypes: High-Tech, Medical, Mixed Use, Flex Space, Office Building, Research & Development, Other
Contiguous Space: 4,909 - 15,909 SF
Gross Building Area: 21,000 SF
Gross Land Area: 1.22 Acres
Lease Rate: $8 - 15 PSF (Annual)
Base Monthly Rent: $3,333 - 19,886
Lease Types: NNN
Class of Space: Class A
Last Updated: 11/16/2018

Overview / Comments

Now pre-leasing this newest FTC adaptive reuse project. The building has great features that will be highlighted and restored such as exposed brick walls, polished concrete floors, and a wood-barrel ceiling with clear-span steel bow trusses and skylights. The large site will include ample free parking, and highly visible signage opportunities are available.

Phase I is 51% pre-leased with 3,100+ SF leased to a full-service restaurant/bar and 2,000 SF leased to a professional services company.

In the Core & Shell plan, we will improve the site, improve the exterior aesthetic, install a new white TPO roof, new utility services, new storefront entrances, new sprinkler system, construct demising walls, polish the concrete floors, expose and restore the perimeter brick walls and wood-barrel ceiling with steel bow trusses.

The quote rent rate includes the Core & Shell improvements PLUS a $50 per SF Tenant Improvement Allowance for custom build outs.

Expand All 3 Spaces Available

Suite: A 4,909 SF $15 PSF (Annual) NNN
Suite: Phase II - 2nd Floor 6,000 SF $8 PSF (Annual) NNN
Suite: Phase II - Ground Floor 5,000 SF $8 PSF (Annual) NNN

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033146J J 02300P000
Property Visibility: Excellent
Total Number of Buildings: 2
Year Renovated: 2018
Roof Type: Barrel Shell
Construction/Siding: Brick, Steel Frame
Parking Ratio: 3 (per 1000 SF)
Parking Type: Surface
Parking Description: Approx 71 spaces will be lined onsite and included in the rent.
Total Parking Spaces: 71
Sprinklers: Wet
Internet Access: Gigabit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,862 75,666 140,380
Median Age: 32.01 34.83 36.75
Households: 4,043 30,460 58,463
The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.