Prime Northshore Commercial/Retail

Retail-Commercial for Lease
Catylist Listing ID: 30423221
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Contiguous Space: 2,900 SF
Gross Building Area: 45,690 SF
Gross Land Area: 0.39 Acres
Lease Rate: $19 PSF (Annual)
Base Monthly Rent: $4,591
Lease Types: NNN
Last Updated: 6/7/2019

Overview / Comments

LOCATION, LOCATION, LOCATION!!!!

Walking distance to restaurants, Publix, Walgreens, shops, Whole Foods and so much more. This building is located across the street from a $14 million dollar mixed use development with 84 apartment units and ground level retail, restaurant space, and a Starbucks. Down the road two apartment buildings are under construction with one bringing 185 units and the other 58 units to the market.

This mixed use building is ideal commercial space to be used for any type of retail, service or, restaurant business. The space is currently wide open consisting of a few bathrooms with showers and a small kitchenette. A large glass roll up door allows a business to bring in the feel of outdoors into th entrance under the portico into their space. The Landlord is willing to put in a new storefront along Cherokee to allow an additional entrance off of Cherokee along with Spears and through the parking garage. There is no need to worry about parking for your employees or your clients as the building is attached to a multi level parking garage offering free parking. Other successful businesses who occupy the building are Northshore Dentist, Aqua Tots, and Mexiville.

Expand All Available Space

Suite: 115 2,900 SF $19 PSF (Annual) NNN
Space Available: 2,900 SF
Lease Rate: $19 PSF (Annual)
$4,591 (Monthly)
Lease Type: NNN
Space Description: Large open space ideal for any type of retail,service related or restaurant business.
Space Subcategory: Office Showroom, Mixed Use
Date Available: 5/8/2019
Lease Term: 60 Months
Space Type: Relet
Offices 1
Kitchen Yes
Tax Expenses $1.86 PSF (Annual)
CAM Expenses $2.14 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description 3% annual increases in rent

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033135E A 01600
Zoning: E-SH-3
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Spears and Manufacturers
Property Visibility: Excellent
Largest Nearby Street: Market St
Feet of Frontage: 125
Highway Access: Hwy 27 is .5 miles from Manufacturers Rd
Airports: Chattanooga Metropolitan
Site Description: 4 story brick building at street level with 3 story attached parking garage. Retail on street level, apartments on floors two, three and four.
Area Description: This area, sitting on the north shore of the Tennessee River, has everything from understated luxury homes in historic neighborhoods to contemporary new homes and everything in between. Its central location, sought-after magnet schools, proximity to Coolidge and Renaissance Parks, and tons of shops, restaurants, and businesses make this a popular part of town.
Tenancy: Multiple Tenants
Number of Stories: 4
Typical SF / Floor: 13,060 SF
Property Condition: Excellent
Year Built: 2013
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 230
Parking Type: Structure
Parking Description: 3 story parking garage attached with 230 parking spots. Ratio is 5.1 per 1000 SF
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Gigabit
Lot Frontage: 125
Lot Depth: 120
Water Service: Municipal
Sewer Type: Municipal, Storm

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,568 51,373 126,693
Median Age: 33.92 34.82 37
Households: 2,856 21,274 53,011

Contact

Photograph of Listing Agent

Anne L Najjar

Prestige Property Brokers Greater Chattanooga REALTORS® Member
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