Lease (sale considered) Excellent corner location with high visibility! In downtown Opportunity Zone. Signage exposure. Space available on first floor is 6620sf (will consider dividing space). Existing tenant reconfiguring and remodeling it’s space creating opportunity for another tenant in this building.
Rare opportunity for highly visible corner location. Best of all worlds... In middle of office/financial district, tourist/entertainment, high end residential, museum, restaurants, hotels...
Popular area for restaurants with several hotels within a block of site. Monthly parking lots on Three sides of building. Tall ceilings could accommodate theatre company or specialty venue movie showings. Possible future expansion by adding a mezzanine In space.
Ideal for office, retail or restaurant... Theatre, museum, tourist, Etc... Current use is office. Sprinklered space. Solar panels array on roof.
Note: Agent is owner/agent (equity holder in property). Sale considered.
Corner Frontage on Market Street! Current tenant occupies entire building and is reconfiguring its space - First Floor (or 2nd floor) is available of 6,620rsf of space.
Rare opportunity for corner building exposure. Located in highly visible location at corner of Market & 5th in middle of office district and surrounded by parking, banks, financial services, tourist/entertainment, high end residential, restaurants, hotels... One block from downtown Free Shuttle stop. Some parking currently available in adjoining lot and additional monthly, daily, and hourly parking within same block.
Multi year primary (not as sublease) lease available with landlord. 3-5 years with renewal options.
Existing multiple private offices, conference, open work areas.
Divided from 6720sf of full first floor street level. Full floor available.
Multi year primary (not as sublease) lease available direct with landlord. 3-5 years with renewal options.
Existing multiple private offices, conference, open work areas.
2nd Floor with separate ground level entry from 5th Street (built on hill) and rear parking area. Multiple monthly parking lots on each side of building. Highly visible location, signage available.
Multi year primary (not as sublease) lease available with landlord. 3-5 years with renewal options.
Existing multiple private offices, conference, open work areas. Possible creation of additional entry direct from Market Street frontage.
Can form direct lease (not sublease) if desired.
Space Subcategory:
Office Building, Office Showroom
Date Available:
3/1/2021
Lease Term:
36 Months
Space Type:
Relet
Sublease Expiration Date:
12/31/2024
Rent Escalators Description
Annual 3%
Additional Details
Nearest MSA:
Chattanooga
County:
Hamilton
Submarket Type:
Central Business District
Taxing Authority:
City/County
Tax ID/APN:
135MD F 007
Zoning:
DOWNTOWN COMMERCIAL
Market Type:
Medium
Property Located Between:
Downtown Chattanooga! Corner of Market Street and 5th Street
Side of Street:
East
Road Type:
Paved
Property Visibility:
Excellent
Transportation:
Bus, Shuttle
Highway Access:
Freeway access is only 3 blocks away. Easy access.
Airports:
Chattanooga Metropolitan
Site Description:
Great corner building with high visibility. Signage opportunity. Office, retail/restaurant, showroom, museum, Tall ceiling. Hold be renovated for apartments/condos.
Area Description:
Downtown Chattanooga, Tennessee. Central Business District, residential, tourist, restaurant ant, local trade... Site is the middle of it all!
Total Number of Buildings:
1
Number of Stories:
2
Typical SF / Floor:
6,620 SF
Year Built:
1920
Year Renovated:
2015
Roof Type:
Flat
Construction/Siding:
Brick
Exterior Description:
Corner site, brick construction. 2 story building.
Parking Type:
Surface
Parking Description:
Leased adjoining surface parking lot to rear currently services building. Other monthly parking lots by others within one block.
Sprinklers:
Wet
Heat Type:
Natural Gas
Heat Source:
Central
Air Conditioning:
Engineered System, Package Unit
Internet Access:
Gigabit, Fiber Optic, Other
Interior Description:
Built out for office use. Mostly open interior space with window offices. Two restrooms per floor. Sprinklered.
Zoning Description:
Opportunity Zone.
D-SH-8. Downtown shopfront mixed use Zone (8 stories max)... allows for a multitude of uses including live/work, retail, office, restaurant, theatre, tourist. Possible renovation to apartments/condos.
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