Medical Office Space Sub-Lease

Office for Lease
Catylist Listing ID: 30555720
Property Subtypes: Medical
Contiguous Space: 2,126 SF
Building Size (RSF): 12,708 SF
Gross Building Area: See Agent
Lease Rate: $16 PSF (Annual)
Base Monthly Rent: $2,834
Lease Types: NNN
In Opportunity Zone? Yes
Class of Space: Class B
Last Updated: 1/31/2020

Overview / Comments

This is a Sub-Lease. Premises is inside of Chattanooga Imaging building.

Excellent location in medical corridor and close to 3 hospitals (Erlanger, Memorial & Parkridge). Primary Tenant willing to negotiate tenant allowance for improvements.

Sub-Tenant shall have use of common reception area as negotiated with Primary Tenant.

Square Footage is approximate and needs to be verified by Sub-Tenant. Rental Rate may vary depending on level of Tenant Improvements provided by Primary Tenant.

Expand All Available Space

Suite: 440-A 2,126 SF $16 PSF (Annual) NNN
Level/Floor: 1
Space Available: 2,126 SF
Lease Rate: $16 PSF (Annual)
$2,834 (Monthly)
Lease Type: NNN
Space Description: Unfinished opean space ready for new tenant to design floor plan.
May negotiate common use of reception area and restrooms with Chattanooga Imaging.
Date Available: 1/8/2020
Lease Term: 60 Months
Space Type: Sublet
Rent Escalators Step-Up Lease
Rent Escalators Description 3% annually

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 146B P 002
Property Located Between: Third Street & Cleveland Avenue
Property Visibility: Excellent
Highway Access: Access to Hwy 153 from Amnicola Hwy. Access to I-24 from Holtzclaw Ave. & Rossville Blvd.
Area Description: Medical related offices nearby.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2003
Construction/Siding: Block
Parking Type: Surface
Interior Description: Unfinished inside premises
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lt 110-4 Chatt Housing Authority Or Chard Knob Urban Renewal Project Pb 36 Pg23 Rev 39-237

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,617 73,155 145,016
Median Age: 34.63 35.29 36.78
Households: 3,709 29,725 60,956


Photograph of Listing Agent

Tony H Brock

The Raines Group, Inc. Greater Chattanooga REALTORS® Member
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