1,650 SF Sublease on the Northshore- Frazier Place

Retail-Commercial for Lease
Catylist Listing ID: 30264557
Property Subtypes: Mixed Use, Street Retail
Contiguous Space: 1,650 SF
Building Size (RSF): 1,650 SF
Gross Building Area: 12,506 SF
Gross Land Area: 0.50 Acres
Lease Rate: $18 PSF (Annual)
Base Monthly Rent: $2,475
Lease Types: Gross Lease
Ceiling: 10 ft.
Building Name: Frazier Place
Usable Size (USF): 1,650 SF
Last Updated: 8/2/2018

Overview / Comments

Highly sought after suite on the Northshore now available for sublease. The current tenant Papercut Interactive has outgrown their suite and needs to move soon. The suite can be available by June 1st. The suite currently is a modern open floor plan office suite. It could stay as office or be converted back to retail. The current lease has 2 years remaining.

The sublease is a gross lease with the tenant paying for his own electric heat and air and water. The 2017 electricity and water cost ran $167 and $69 per month, respectively.

The suite contains: open floor plan, 1 large private office, one small work room, 1 restroom, area for conference room or large work area, rear door onto Frazier Place, rear work area and rear balcony and kitchenette area.

The current tenant has a low cost parking agreement for his employees with regards to the large parking lot in the rear.

Expand All Available Space

Suite: 100 1,650 SF $18 PSF (Annual) Gross Lease
Level/Floor: 100
Space Available: 1,650 SF
Lease Rate: $18 PSF (Annual)
$2,475 (Monthly)
Lease Type: Gross Lease
Date Available: 6/1/2018
Space Type: Sublet
Sublease Expiration Date: 4/30/2020
Offices 1
Kitchen Yes
Rent Escalators Step-Up Lease
Rent Escalators Description 3%

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County, Chattanooga
Tax ID/APN: 135E N 004 L000
Zoning: ESH-3
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Tremont and Frazier Avenue
Property Visibility: Excellent
Largest Nearby Street: Frazier Ave
Feet of Frontage: 40
Highway Access: Hwy 127 North and South are accessed via Cherokee Blvd and Manufacturers Rd.
Airports: Chattanooga Metropolitan
Site Description: The site is at street grade on Frazier Avenue and one floor up from River Street in the back.
Area Description: The Northshore has been the hottest submarket in town for 5 or 6 years for both office and retail. The area has a ton of walkable traffic and car traffic.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 1,650 SF
Property Condition: Excellent
Year Built: 2005
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: The building has a modern and elegant look to it.
Parking Type: Structure, Surface, Other
Parking Description: There are many opportunities for parking. There is metered street parking in front and the rear. There is a metered parking lot in the rear which services teh whole Coolidge Park area. Across the street there is a multistory parking garage.
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Has an open floor plan mostly with concrete floor.
Zoning Description: Shopfront Mixed Use 3 stories
Lot Frontage: 40
Lot Depth: 60
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,807 52,361 129,947
Median Age: 34.84 34.36 37.06
Households: 3,878 21,581 54,465


Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
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