Heart of Northshore Commercial Space
Retail-Commercial
for Lease
| Catylist Listing ID: |
30339126 |
| Property Subtypes: |
Mixed Use, Street Retail, Other
|
| Contiguous Space: |
2,000 - 2,250 SF |
| Total Available: |
4,250 SF |
| Gross Building Area: |
12,000 SF |
| Lease Rate: |
$16.50 - 18.50 PSF (Annual)
|
| Base Monthly Rent: |
$2,750 - 3,468 |
| Lease Types: |
Modified Gross, NNN |
| Last Updated: |
1/17/2022 |
Overview / Comments
Looking for the perfect commercial space for your business? These spaces have it all!!! Conveniently located in the heart of the popular Northshore district and within walking distance to restaurants, Publix, Walgreens, shops, Whole Foods and so much. With this two story building, half the building is located at street level and the other half at a lower level. 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 120 units to the market. The strip center located behind the property has recently been acquired by a development group with plans to undergo a complete renovation.
No need to worry about employees finding parking spots as the adjacent garage has free parking. Plus customers or clients will be thankful for the free parking. The interior spaces are brimming with architectural features such as exposed brick, vaulted ceilings, and wood beams. It is all balanced with expansive windows flooding the spaces with natural light. The spaces can be reconfigured to accommodate any business's lay out requirements. There are plenty of signage opportunities along Velma St which does allow visibility along Cherokee
|
|
Suite: 101
|
2,000 SF
|
$16.50 PSF (Annual)
NNN,Modified Gross
|
| Space Available: |
2,000 SF |
| Lease Rate: |
$16.50 PSF (Annual)
$2,750 (Monthly)
|
| Lease Type: |
NNN,Modified Gross |
| Space Description: |
Great street level space with flexibility for so many uses. Space has new LVT throughout. large reception area with two entry points. There are four private small offices with two large private offices. One of these could be used a conference room or training room. One has a private shower and restroom. There is a small kitchenette off the reception as well. |
| Date Available: |
8/25/2021 |
| Space Type: |
Relet |
| Conference Rooms: |
1 |
| Offices |
5 |
| Kitchen |
Yes |
|
Suite: 202
|
2,250 SF
|
$18.50 PSF (Annual)
Modified Gross
|
| Space Available: |
2,250 SF |
| Lease Rate: |
$18.50 PSF (Annual)
$3,468 (Monthly)
|
| Lease Type: |
Modified Gross |
| Space Description: |
This space is designed as an open creative space. There is 1 office/conference room which opens up into large a expansive space. There is a reception area. and some storage. The space can be reconfigured to accommodate any business's lay out requirements. This space has its own direct access off Velma St.
|
| Space Subcategory: |
Office Showroom |
| Date Available: |
10/8/2018 |
| Space Type: |
Relet |
| Offices |
1 |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
3% annual increases |
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Submarket Type: |
Redevelopment District |
| Tax ID/APN: |
033135E A 01400P000 |
| Zoning: |
E-SH-3 |
| Retail Clientele: |
General, Business, Tourist, Recreation |
| Property Located Between: |
N Market and Velma |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
N Market |
| Feet of Frontage: |
100 |
| Highway Access: |
I27 can easily be accessed from Manufacturers Rd |
| Airports: |
Chattanooga Metropolitan |
| Site Description: |
Two story building in which half the building is located at street level and the other half has a lower level. |
| 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: |
2 |
| Property Condition: |
Excellent |
| Year Built: |
1930 |
| Year Renovated: |
2000 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Structure, Surface |
| Parking Description: |
There is a 3 story structure parking garage across the street with 230 parking space. There is also adjacent parking to the building offering 9 spaces. |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Lot Frontage: |
100 |
| Lot Depth: |
120 |
| Water Service: |
Municipal |
| Sewer Type: |
Storm |
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 |
|
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