Proposed New Office/Whse. Flex Space in the Opportunity Zone

Industrial for Lease
Catylist Listing ID: 30464931
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Office Showroom, Research & Development, Warehouse/Distribution
Building Status: Under Construction
Contiguous Space: 10,000 - 40,000 SF
Building Size (RSF): 40,000 SF
Gross Land Area: 3.20 Acres
Lease Rate: $9.75 - 12.75 PSF (Annual)
Base Monthly Rent: $16,250 - 21,250
Lease Types: Modified Gross
Ceiling: 28.50 ft.
Docks/Doors: 3 Docks, 6 Doors (Varies by space)
Drive In Bays: 3 Bays (Varies by space)
In Opportunity Zone? Yes
Last Updated: 8/19/2019

Overview / Comments

Proposed New Office/Warehouse FLEX Building in the Opportunity Zone in the South Side just off South Broad Street. Zoned M-1 Industrial. Building has 40,000 SF (200' x 200'). Building can be divided into two (2) spaces of 20,000 SF each (100' x 200'). Eave Heights of 32' with 28.5' CLEAR HEIGHT (Minimum) and 31' CLEAR HEIGHT in the Center of Building will accommodate almost any proposed use. 480V - 3 Phase Electrical Power available. Each 20,000 SF unit has 3 Truck High Docks and 3-12 'x 14' Drive In Doors. Office Area can be customized to Tenants needs (Build to Suit your needs). 100% wet sprinkler system (can be designed to ESFR specifications). 50' x 50' Column Bay Spacing. Proposed Rental Rates do not Include Real Estate Taxes which will be in addition to the Modified Gross Rents advertised.

Call Listing Agent, to schedule appointments to see or show the property. Square footage and acreage calculations are reliable but not guaranteed. Listing Agent has not measured the building or land and does not guarantee the accuracy of the number of square feet or acreage. Square feet and acreage need to be verified by Purchaser. Consult your Tax / Legal Advisor regarding Opportunity Zone Benefits.

Expand All 2 Spaces Available

Suite: Unit A 20,000 SF $9.75 - 12.75 PSF (Annual) Modified Gross
Suite: Unit B 20,000 SF $9.75 - 12.75 PSF (Annual) Modified Gross

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 033155F C 00109
Zoning: M-1 INDUSTRIAL
Airports: Chattanooga Airport
Site Description: 3.2 Acre Site within the Opportunity Zone just off South Broad Street in the South Side.
Area Description: Located just one (1) block off South Broad Street on Williams Street in the Opportunity Zone.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2019
Roof Type: Gable
Construction/Siding: Block, Metal Siding, Steel Frame
Parking Type: Surface
Parking Description: Approximately 57 Parking Spaces
Total Parking Spaces: 57
Column Spacing: 50' x 50'
Sprinklers: Wet
Volts: 480
X-Phase: 3-Phase
Lighting: Other
Internet Access: Gigabit
Interior Description: Eave Heights of 32' with 28.5' CLEAR HEIGHT (Minimum) and 31' CLEAR HEIGHTS in the Center of Building, 6" inch - 4,000 PSI Concrete Floors. 50' x 50' Column Spacing. Office Area can be Build to Suit Tenants needs. High Bay LED Lighting. 100% wet sprinkler system (can be designed to ESFR specifications). 50' x 50' Column Spacing. Office Area can be Built to Suit Tenants Needs.
Zoning Description: M-1 Industrial Zone
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,970 47,840 122,892
Median Age: 36.21 34.19 36.39
Households: 896 18,369 50,298

Contact

Photograph of Listing Agent

Russell P Elliott

Pointe Commercial Real Estate Greater Chattanooga REALTORS® Member
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