Premier Downtown Retail / Office

Retail-Commercial for Lease
Catylist Listing ID: 30182769
Property Subtypes: Mixed Use, Restaurant, Street Retail
Contiguous Space: 5,000 SF
Gross Building Area: 83,750 SF
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $8,333
Lease Types: Net Lease
Ceiling: 17 ft.
Building Name: Maclellan
Last Updated: 2/16/2018

Overview / Comments

We're pleased to offer for lease this ground level space of approximately 5,000 SF which is perfectly suited for a restaurant, retail, or a high-visibility office user.

Built in 1924 in the heart of downtown Chattanooga, the Maclellan building has long been the city's most iconic structure. This landmark property has been revitalized into the premier mixed-used development with 85 well-appointed apartments and prime, street level retail space.

This property is perfectly situated within walking distance from many of downtown Chattanooga's best known attractions including the historic Tivoli Theatre which is right next door, the Tennessee Aquarium, the Chattanooga Lookouts (AA Affiliate of the Minnesota Twins), the Hunter Museum of American Art, the Creative Discovery Museum, the IMAX 3D Theater, and the High Point Climbing Gym.

The immediate area includes numerous hotels, restaurants, residential units (apartments, condos, townhomes), and office buildings including the headquarters of two of the area's largest employers–-Blue Cross Blue Shield of Tennessee (4,800 employees) and Unum (2,800 employees).

*User to verify square footage.*

Attachments & Media

Expand All Available Space

Suite: 100 5,000 SF $20 PSF (Annual) Net Lease
Level/Floor: Ground
Space Available: 5,000 SF
Lease Rate: $20 PSF (Annual)
$8,333 (Monthly)
Lease Type: Net Lease
Date Available: 12/1/2017
Space Type: Relet

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 145C BA 005
Zoning: D-CX-12
Retail Clientele: General, Business, Tourist
Property Located Between: On Broad between 7th and 8th Street
Property Visibility: Excellent
Largest Nearby Street: Broad Street
Feet of Frontage: 123
Highway Access: Highway 27 and I-24
Airports: Chattanooga - Lovell Field
Area Description: Centrally located in the heart of downtown Chattanooga. Immediate area includes hotels, offices, restaurants, and residential units.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 12
Year Built: 1924
Year Renovated: 2016
Roof Type: Mansard
Zoning Description: Downtown core, commercial mixed use
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Chestnut St N/R Pt Lts 52& 54 Origi Nal Town

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,174 50,399 126,400
Median Age: 32.04 33.81 36.74
Households: 3,804 20,236 52,528


Photograph of Listing Agent

Andrew D Holt

Healy & Company, LLC GCR CMLS Member
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