Downtown Chattanooga Sublease Opportunity

Office for Lease
Catylist Listing ID: 30023095
Property Subtypes: Governmental, Institutional, Office Building, Other
Contiguous Space: 11,977 - 22,377 SF
Total Available: 11,977 SF
Gross Building Area: 51,170 SF
Lease Rate: $15.50 PSF (Annual)
Base Monthly Rent: $15,470 - 28,903
Lease Types: Full Service
Building Name: 611 Chestnut Street
Class of Space: Class A
Last Updated: 7/7/2017

Overview / Comments

Sublease opportunity up to 22,377 RSF (+/-) at 633 & 611 Chestnut Street (entire 4th floor of both buildings). Current Lease expires August 31st 2019.

The Sublease space consist of the 4th Floor of 633 Chestnut Street containing approximately 10,400 Rentable Sq.ft. and the 4th Floor of 611 Chestnut Street containing approximately 11,977 Sq.ft. These spaces are connected via a pedway between the Buildings.

633 & 611 Chestnut Street are Class A office buildings located in Downtown Chattanooga. Building has commercial bank, stock brokerage and investment firms, law firms, accounting and insurance firms and a host of other national, regional and local professional
firms.

Call Listing Agent (Russ Elliott) to schedule appointments to see or show the property. Listing Agent has not measured the space and does not guarantee the accuracy of the number of square feet. Square feet need to be verified by Tenant.

Attachments & Media

Expand All Available Space

Suite: Entire 4th Floor 11,977 SF $15.50 PSF (Annual) Full Service
Level/Floor: 4th Floor
Space Available: 11,977 SF
Max Contiguous: 22,377 SF
Lease Rate: $15.50 PSF (Annual)
$15,470 - 28,903 (Monthly)
Lease Type: Full Service
Date Available: 12/6/2016
Space Type: Sublet
Sublease Expiration Date: 8/31/2019
Kitchen Yes
Rent Concession Sublease rate of $15.50 per RSF is approximately $6.50 per sf. less than Landlord's advertised rental rate of $22 per sf.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 145C D 001.02
Zoning: C-3 CENTRAL BUSINESS ZONE
Property Visibility: Excellent
Highway Access: Easy access to I-27 and I-24.
Airports: Chattanooga Airport
Area Description: Building is located in Downtown Chattanooga near the corner of 7th Street and Chestnut Street.
Number of Stories: 4
Typical SF / Floor: 10,400 SF
Year Built: 1976
Construction/Siding: Metal/Glass
Exterior Description: Glass Curtain Wall
Parking Type: Structure
Passenger Elevators: 4
Freight Elevators: 1
Sprinklers: Wet
Zoning Description: C-3 Central Business Zone
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,174 48,430 126,400
Median Age: 32.04 33.71 36.74
Households: 3,804 19,399 52,528

Contact

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