Broad St Hanger Building

Retail-Commercial for Lease
Catylist Listing ID: 30394393
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Contiguous Space: 7,150 SF
Gross Building Area: 8,140 SF
Lease Rate: $19 PSF (Annual)
Base Monthly Rent: $11,320
Lease Types: NNN
In Opportunity Zone? Yes
Last Updated: 9/10/2019

Overview / Comments

This unique building is part of an adaptive redevelopment string of buildings within the Southside district and on the fringe of the South Broad district. This particular building was once utilized as a hanger with the high domed ceilings and 20' high bay door. New glass bay roll up doors could be installed in the front and rear of the building as well as windows all along the western side the building. The space already possesses sky lights and steel trusses bringing instant character to the space. The building could easily host an outdoor area for a patio. Within walking distance to the Finley Stadium, First Tennessee Pavilion, and over 700 apartment doors, this space could bring services catering to all the pedestrian traffic and residents. In addition, there will be 33,000 SF developed directly across the entrance to this building.

Attachments & Media

Expand All Available Space

Suite: C 7,150 SF $19 PSF (Annual) NNN
Space Available: 7,150 SF
Lease Rate: $19 PSF (Annual)
$11,320 (Monthly)
Lease Type: NNN
Space Subcategory: Office Showroom, Flex Space
Date Available: 7/1/2019
Lease Term: 60 Months
Space Type: Relet
Rent Escalators Step-Up Lease
Rent Escalators Description 3% annual bumps in the lease rate

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033145K H 00700
Zoning: U-CX-4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Market and Chestnut
Property Visibility: Good
Largest Nearby Street: Broad St
Traffic/Vehicle Count: 20,000
Highway Access: less than .5 miles to I-24
Site Description: Refer to Site Plan Building D
Area Description: Today the Southside's revitalization has filled the neighborhood with the art, culture, cuisine and entertainment that has come to define the city. With the 50+ businesses that pepper the neighborhood as proof, this once-desolate area is experiencing a second life. The South Broad district area will join in Chattanooga's central city renaissance. There are plans for the addition of new sports facilities and parks. New zoning rules will be implemented to allow new types of urban housing and retail development.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Year Built: 1949
Year Renovated: 2019
Roof Type: Domes
Construction/Siding: Brick
Total Parking Spaces: 150
Parking Type: Surface
Parking Description: This building shares parking with adjacent development at 1817 Broad St.
Heat Type: Natural Gas
Internet Access: Gigabit
Water Service: Municipal
Sewer Type: Municipal, Storm
Easements: Ingress/Egress
Easements Description: Share cross easement off of Broad St

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,751 54,396 127,617
Median Age: 32.03 33.97 36.63
Households: 2,699 21,480 52,736


Photograph of Listing Agent

Anne L Najjar

Prestige Property Brokers Greater Chattanooga REALTORS® Member
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