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: |
3/26/2020 |
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.
|
| 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. |
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 |
|
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