Southside Central Ave - New Mixed Use Development

Retail-Commercial for Lease
Catylist Listing ID: 30680515
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Contiguous Space: 1,951 - 15,359 SF
Total Available: 23,346 SF
Gross Building Area: 27,408 SF
Gross Land Area: 1.28 Acres
Lease Rate: $18.50 - 22.36 PSF (Annual)
Base Monthly Rent: $3,007 - 10,085
Lease Types: NNN
In Opportunity Zone? Yes
Building Name: 1607 Central
Usable Size (USF): 27,422 SF
Last Updated: 6/29/2021

Overview / Comments

"1607 Central" is the newest Adaptive Reuse project in the trendy Southside of Chattanooga. The Central Ave corridor, in particular, is burgeoning with new commercial and residential uses. This first-class, full scale building renovation vibes with urban mixed-use operators (medical, retail, tech, showroom, creative collaborators, flex space, brewery and epicureans alike!) to create an attractive and appealing center that is as distinctive as the neighborhood itself.

The design of 1607 Central allows for the broad zoning uses allowed (M1 Zone) to meet the diverse needs of creative flex-space uses....particularly for easy access, function and professional presence. The project provides 27,422 sq ft of leasable space (maximum contiguous 15,359 sq ft; minimum dividable 1951 sq ft), immediate access from two grade-level parking areas, distinctive design features, Pedestrian Pavilion, 15' ceiling height and second level bump up amenities (proposed Rooftop Bar and patio for the ultimate work/play experience!).

The Southside location has close proximity to Downtown and HWY 27 / I-24 and I-75 for easy commute and customer arrival. Ultra Low latency to internet exchanges and redundant connectivity is available. While spaces remain available your space plan can be configured to your preferences, expansion needs and unique business plans. Now under development for anticipated early 2022 delivery.

Expand All 8 Spaces Available

Suite: 101 5,736 SF $21.10 PSF (Annual) NNN
Suite: 102A 1,953 SF $18.50 PSF (Annual) NNN
Suite: 102B 1,951 SF $18.50 PSF (Annual) NNN
Suite: 103 2,906 SF $18.50 PSF (Annual) NNN
Suite: 104 2,813 SF $18.50 PSF (Annual) NNN
Suite: 105 2,759 SF $18.50 PSF (Annual) NNN
Suite: 106 2,634 SF $18.50 PSF (Annual) NNN
Suite: 201 2,594 SF $22.36 PSF (Annual) NNN

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chatt, Hamilton Co
Tax ID/APN: 033146P H 01500
Zoning: M1
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: E Main and I-24 (HWY 27)
Property Visibility: Good
Largest Nearby Street: Central Ave / I-24
Feet of Frontage: 130
Traffic/Vehicle Count: 10,805
Highway Access: I-24 (HWY 27) at Rossville Blvd / Central Ave Exit
Airports: Chattanooga
Site Description: 1.28 Acre site with 130 ft Frontage on Central Ave. Parking on both sides of the lot with access from 17th Street and 16th Street.
Area Description: Southside of Chattanooga; Central Ave
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1950
Year Renovated: 2021
Construction/Siding: Brick
Exterior Description: 2021 Design to incorporate Vaulted Marquee Pavilion, Brick Exterior, Pedestrian Pavilion, Marquee Pavilion, Second Floor Expansion with rooftop elements.
Total Parking Spaces: 63
Parking Ratio: 4.5 (per 1000 SF)
Parking Type: Surface, Other
Parking Description: On-Site Surface Parking on both sides of the building with grade level direct access to all Suites. 63 Spaces on-site. Additional Surface Parking may be available in shared-parking arrangements with neighboring properties. Street Parking, with minimal competitive uses, is approx 75 Spaces within 2 Blocks; approx 150 Spaces available within 3 blocks.
Passenger Elevators: 1
Interior Description: TBD.
Zoning Description: M1 Zone
Lot Frontage: 130' on Central Ave; 287' on 17th Street; 104' on 16th Street
Lot Depth: 287
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Legal Description: Lots 17-24 Curtis Sub, Pb 1 Pg 26

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,809 71,115 140,177
Median Age: 26.69 34.7 36.97
Households: 2,199 28,477 58,036

Contact

Photograph of Listing Agent

John Mitchum

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Tim Coleman

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
© Copyright 2001-2020 Catylist. All Rights Reserved. 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.