Southside Industrial Adaptive Reuse Development

Retail-Commercial for Lease
Catylist Listing ID: 30376436
Property Subtypes: Mixed Use, Restaurant, Other
Contiguous Space: 3,905 - 23,000 SF
Total Available: 22,391 SF
Gross Building Area: See Agent
Lease Rate: $15 PSF (Annual)
Base Monthly Rent: $4,881 - 28,750
Lease Types: Net Lease, NNN
Last Updated: 2/21/2019

Overview / Comments

Adaptive industrial re-use development in the burgeoning Southside District merging into the historic Highland Park and Ferger Place Neighborhoods. Creative flex space for redevelopment in the Historic Southside District Offers affordable, imaginative spaces that simultaneously promote a sense of community while offering tenants individualistic, creative flexibility. This exciting and innovative development will consists of clearstory condominiums, apartments, single family dwellings and commercial suites. Once home to the Gateway Hosiery Mill and then Westrock Print Group and now available for an adaptive reuse project. 23,000 square feet of clear story commercial space is available for creative office and retail space redevelopment. The 500 feet of frontage along Holtzclaw Ave provides tenants with generous exposure from both street and pedestrian traffic. The 8 acres offers not only plenty of parking spots but 59 single family dwellings, 40 condominium units and 28 apartment units. Being located adjacent to the largest sculpture garden in the southeast will allow access to stroll and relax.
• Exterior Common Areas to include a pool, a pleasing grass courtyard and a deck spanning part of the commercial building for relaxing and mingling
• Plentiful windows throughout the building bringing in an abundance of natural sunlight for each suite
• Interior Common Areas to include a community room, fitness center with showers, and a kitchenette.
• Ample Parking with 100 spaces on site
• Architectural features such clear story spanning the entire length, concrete floors, steel beams and trusses throughout bringing an industrial loft feel to any suite.
• Trees and landscaping over the 8 acres evoking a sense of community
• High ceiling heights providing a spacious feel on each floor
• Walkway to the International Sculpture Garden

Expand All 4 Spaces Available

Suite: A 3,905 SF $15 PSF (Annual) NNN
Suite: B 6,273 SF $15 PSF (Annual) NNN
Suite: C 6,273 SF $15 PSF (Annual) Net Lease
Suite: D 5,940 SF $15 PSF (Annual) NNN

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Zoning: UGC
Retail Clientele: General, Business, Other
Property Visibility: Excellent
Largest Nearby Street: Main St
Feet of Frontage: 500
Traffic/Vehicle Count: 10,140
Highway Access: 1-24 2 miles
Area Description: Chattanooga, came to be known for its abandoned warehouses and old buildings during the mid-20th century. Today, 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. Encompassing the land from Warehouse Row past Main Street, Southside became a nexus of renovations aout 10 years ago. The area was identified and attractive because of the vast opportunity for growth and development. This growth is now expanding past Main and Central onto Holtzclaw and Main to connect to the historic Highland Park neighborhood. As interest in living downtown has surged with the Chattanooga tech boom, Highland Park is an increasingly attractive neighborhood that offers the best of urban living balanced by a friendly, community feel. Homes continue to be renovated and a number of new, historically appropriate homes are being built as well, filling in the gaps left during Highland Park’s leaner times and lost original structures.
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Property Condition: Excellent
Year Built: 1948
Year Renovated: 2019
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 100
Parking Type: Surface
Parking Description: Unassigned parking
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 500
Water Service: Municipal
Sewer Type: Municipal, Storm

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,633 73,130 135,863
Median Age: 27.06 34.98 36.97
Households: 2,738 29,383 55,996

Contact

Photograph of Listing Agent

Anne L Najjar

Prestige Property Brokers Greater Chattanooga REALTORS® Member
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