Lucey Quarter

Retail-Commercial for Lease
Catylist Listing ID: 30760968
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Movie Theatre, Parking Facility, Post Office, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Contiguous Space: 1,200 - 50,000 SF
Gross Building Area: 50,000 SF
Gross Land Area: 4.97 SF
Lease Rate: $1 PSF (Monthly)
$12 PSF (Annual)
Base Monthly Rent: $50,000
Lease Types: Modified Gross
Building Name: Lucey Quarter
Last Updated: 1/7/2022

Overview / Comments

This $20 million, 52,000 square foot development will span a 7-acre tract that has been a manufacturing site for over 50 years. Once re-developed this property will be an urban hub for the Highland Park neighborhood and the city of Chattanooga. It is a strategically planned mixed-use development that will bring community, commerce, green spaces, entertainment and housing to the area.
We see great potential here — These 100 year old industrial buildings and railroad remnants are priceless. With our passion for urban restoration, this is a project we could not be more excited about. We’re all about really building community and we see this as an innovative way to bring people together.

Expand All Available Space

Suite: A-Z 50,000 SF $1 PSF (Monthly) Modified Gross
Space Available: 50,000 SF
Minimum Divisible: 1,200 SF
Lease Rate: $1 PSF (Monthly)
$12 PSF (Annual)
$50,000 (Monthly)
Lease Type: Modified Gross
Space Description: As small as 1200SF retail or more.
Spaces in the "Food Hall" will be delivered in Vanilla shell, for both restaurant and retail use. There are 17 Available 1200 SF spaces with indoor and outdoor patios. Lease rate TBD
This mixed use Power Center will house live entertainment and events for the Chattanooga community and beyond.

This development will encompass more than 52,000 square feet of repurposed industrial space, roughly 30,000 square
feet of newly constructed residential living space and will span across 7 acres. Once redeveloped this community will
serve as an urban hub for the city of Chattanooga, and a destination for travelers passing through our remarkable city.
This strategically planned mixed use development is poised to bring together history and modern culture, entertainment
and commerce, diversity and community.
Space Subcategory: Power Center, Mixed Use
Date Available: 9/13/2021
Space Type: New
Kitchen Yes
Rent Escalators Other

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033146J D 00100P000
Zoning: UGX
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Holtzclaw and Bailey
Property Visibility: Excellent
Largest Nearby Street: E Main St
Feet of Frontage: 1,241
Traffic/Vehicle Count: 13,000
Highway Access: I-75 and I-24
Airports: Chattanooga
Site Description: Historic Reimagined Class A Mixed use property
Area Description: Up and coming Highland park with Hundreds of rooftops to be added in the near future
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 1
Property Condition: Excellent
Year Built: 1965
Year Renovated: 2022
Construction/Siding: Brick
Exterior Description: Historic Repurposed Brick
Parking Ratio: 51 (per 1000 SF)
Parking Type: Structure, Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,125 79,120 143,218
Median Age: 26.79 35.13 36.95
Households: 3,149 31,980 59,495

Contact

Photograph of Listing Agent

Ashley Missel

KW Commercial Greater Chattanooga REALTORS® Member
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