Lovemans Building - 807 Cherry Street

Office for Sale
Catylist Listing ID: 30442754
Property Subtypes: Governmental, Institutional, Medical, Mixed Use, Flex Space, Office Building
Condo? Yes
Building Size (RSF): 6,430 SF
Gross Building Area: 31,000 SF
Sale Price: $1,625,000
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Lovemans Building
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/18/2019

Overview / Comments

807 Cherry St, Suite C is a fully built out office suite with reception area, conference room, multiple offices, open work area, kitchen and bathrooms with shower. The suite is located on the first floor with direct access from Cherry Street. There is over 6,400 SF of move-in ready space along with 6-parking spaces in the structured garage, included with lease. Additional parking can be right out front of the space on Cherry Street or in the Republic Parking Lot across Cherry Street. Space is well lit with natural wood finishes and carpeting in the offices. Open work area and reception are polished concrete flooring.

807 Cherry is located within the Lovemans Building, located in the heart of the CBD at Market and 8th Streets. Join other tenants in the building including Lamp Post, First Choice Title, Synovus, Sasha Group (VaynerMedia), Jackson Furniture and Society of Work.

Within walking distance to the County Courthouse, the new Miller Park at MLK and Market, and Warehouse Row.

Lease start can be July 1st. Existing office furniture shown in pictures does not convey.

Modified Gross rent includes real estate taxes and insurance. Tenant to be responsible for their own utilities, janitorial and CAM fee of $1.50/psf. Space is separately metered for utilities, tenant to contract directly with service provider.

Existing Tenant is still in business, please do not disturb. Contact Brian Hennessy to setup a showing.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Submarket Type: Central Business District
Is Condo?: Yes
Property Located Between: Cherry and Market
Property Visibility: Excellent
Area Description: Within walking distance to... - Mad Priest Coffee Shop - Community Pie - Camp House - Tomorrow Building - Jack Brown's Burger - Flat Iron Deli - Read House Hotel - West End Village
Parking Type: Structure
Parking Description: Six parking spaces (1 per 1,000) will be allocated in adjacent parking structure. Surface parking is available right outside the door via a Republic Parking lot and street parking.
Total Parking Spaces: 6

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,060 51,216 126,046
Median Age: 32.05 33.71 36.6
Households: 4,213 20,507 52,356

Contact

Photograph of Listing Agent

Kelly Fitzgerald

Second Story Real Estate Manag Greater Chattanooga REALTORS® Member
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