2nd Gen Restaurant Space w/ Great Visibility

Retail-Commercial for Lease
Catylist Listing ID: 30589262
Property Subtypes: Mixed Use, Restaurant, Street Retail
Contiguous Space: 2,422 SF
Building Size (RSF): 2,422 SF
Gross Building Area: See Agent
Lease Rate: $22 - 24 PSF (Annual)
Base Monthly Rent: $4,440 - 4,844
Lease Types: NNN
In Opportunity Zone? Yes
Building Name: Edney Innovation Center
Last Updated: 7/22/2020

Overview / Comments

The Edney Innovation Center was established in 2016 with anchor tenants including CoLab, University of Tennessess Chattanooga, The Enterprise Center and Society of Work.

The former restaurant space fronts Market St with entry via both Market St and 11th St (through the building lobby). Space has one restroom and access to a restroom in the main building lobby. Equipment includes walk-in freezer, 3 compartment sink, hood system, range, oven, food prep counters, and more.

This former TVA building has been renovated and brought back to life with amenities that include shared conference rooms, shared kitchens, and roof top access for tenants. The building is within walking distance of popular downtown restaurants including Community Pie, Public House, Two Ten Jack, Tupelo Honey, Jack Brown's Burger Bar, Southern Squeeze, Mindy B's and more.

Attachments & Media

Expand All Available Space

Suite: 101 2,422 SF $22 - 24 PSF (Annual) NNN
Space Available: 2,422 SF
Lease Rate: $22 - 24 PSF (Annual)
$4,440 - 4,844 (Monthly)
Lease Type: NNN
Date Available: 3/23/2020
Space Type: New
Rent Escalators Percentage Lease
Rent Escalators Description 3% Annual Increases

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Retail Clientele: General, Business, Tourist, Recreation
Property Located Between: at Market St and 11th
Property Visibility: Excellent
Largest Nearby Street: Market St
Feet of Frontage: 50
Site Description: This ten story building has an entry for office tenants on 11th Street with signage on both Market St and 11th Street. The site is on the electric shuttle route which will take riders throughout downtown with the shuttle turn around only three blocks away that includes a 600 car parking garage.
Area Description: The Edney is located in Chattanooga's Innovation District. The ID which is in the heart of downtown and spans approximately a quarter mile walking radius. This vibrant and walkable area contains Chattanooga’s main downtown public spaces and a host of coffee shops and eateries, linked by attractive streets, a bike share program and free downtown electric shuttle.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 10
Typical SF / Floor: 8,000 SF
Property Condition: Excellent
Year Renovated: 2016
Roof Type: Flat
Parking Type: Other
Parking Description: Parking is available on the street and lots and garages within a 1 block radius.
Passenger Elevators: 2
Interior Description: Space includes a service counter, full kitchen, back of house storage, cold storage and more.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,167 55,030 125,619
Median Age: 30.11 33.93 36.59
Households: 3,729 21,784 52,082

Contact

Photograph of Listing Agent

Kelly Fitzgerald

Second Story Real Estate Manag Greater Chattanooga REALTORS® Member
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