Broad St Adaptive Reuse

Office for Lease
Lease Pending
Also listed as Retail-Commercial
Catylist Listing ID: 30391582
Property Subtypes: Mixed Use, Flex Space, Other
Status: Pending
Contiguous Space: 2,000 - 27,400 SF
Gross Building Area: 33,000 SF
Lease Rate: $19 PSF (Annual)
Base Monthly Rent: $12,350
Lease Types: NNN
In Opportunity Zone? Yes
Class of Space: Class B
Last Updated: 1/27/2020

Overview / Comments

Adaptive mixed use development in the burgeoning Southside District merging into the South Broad District. This is the last building to be renovated in the heart of all the Broad St activity. Already developed and thriving in this mix are Southside Social, Henry Lofts, and Peak Fitness. Once home to National Linen Service and now available for an adaptive reuse project. Over 33,000 square feet of clear story commercial space surrounded by walls of windows along all sides is now available for creative office and retail space redevelopment. The 125 feet of frontage along Broad S provides tenants with generous exposure from both street and pedestrian traffic. The site offers plenty of parking spots for employees and clients. Being located by the Stadium, the First Tennessee Pavilion with the Chattanooga Market and several breweries will allow access
to stroll and relax after work and for clients. The expansiveness of the building allows for multiple configurations for suites ranging from as small as 2,000 SF to roughly 33,000 SF.
• 1400 Chestnut, 1701 Broad, Chestnut Flats and Henry Lofts bring nearly 700 apartment doors all within walking distance
• Plentiful windows throughout the building bringing in an abundance of natural sunlight for each suite
• Prime visibility situated along Broad St with added kiosk signage opportunity
• Ample Parking with 150 spaces on site
• Architectural features such clear story spanning the entire length, concrete floors, steel trusses throughout bringing an industrial loft feel to any suite.
• Located in Southside and merging into South Broad District development
• High ceiling heights and surrounding windows providing a spacious feel
for each suite.

Expand All 3 Spaces Available

Suite: C 7,800 SF $19 PSF (Annual) NNN
Suite: D 11,400 SF $19 PSF (Annual) NNN
Suite: E 8,200 SF $19 PSF (Annual) NNN

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033145K H 00700
Zoning: C2
Property Located Between: Chestnut and Market
Property Visibility: Excellent
Highway Access: .25 miles to I-24
Site Description: Located on a parcel of land which is home to several other business such as Southside Social, Henry Lofts, Peak Fitness and Nourish Point
Area Description: Southside, once the urban center of industry in 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 about 10 years ago. The area was identified and attractive because of the vast opportunity for growth and development. This property also sits on the border of the South Broad district. with new plans bringing 400 acres south of Interstate 24. This are will join in Chattanooga's central city renaissance. There area 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. One particular announced development will have close to 400 residential units as part of a new mixed-use development planned at South Broad Street. This development sits on 15.6 acres at W. 33rd St.
Total Number of Buildings: 2
Year Built: 1950
Year Renovated: 2019
Roof Type: Folded Plate
Construction/Siding: Brick
Parking Type: Surface
Parking Description: 260 spots along the southern and eastern sides of the property
Total Parking Spaces: 260
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Gigabit
Lot Frontage: 125
Lot Depth: 275
Water Service: Municipal
Sewer Type: Municipal, Storm

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,459 55,422 126,697
Median Age: 33.34 33.74 36.61
Households: 3,471 21,879 52,406


Photograph of Listing Agent

Anne L Najjar

Prestige Property Brokers Greater Chattanooga REALTORS® Member
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