Lee Hwy Retail, 8,000 sq ft

Retail-Commercial for Lease
Catylist Listing ID: 30280561
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Street Retail, Vehicle Related, Other
Contiguous Space: 8,320 SF
Building Size (RSF): 8,320 SF
Gross Land Area: 0.77 Acres
Lease Rate: $8.50 PSF (Annual)
Base Monthly Rent: $5,893
Lease Types: NN
Building Name: Lee Hwy Retail
Last Updated: 10/7/2019

Overview / Comments

Stand Alone Retail Building on busy Lee Hwy between Shallowford Rd and Bonny Oaks. Located within a neighborhood business center with automotive, home improvement and coin-op. New Improvements to Parking Lot (resurface/stripe) and Landscaping sharpen the appeal of this Business Plaza. Excellent visibility at this location on high traffic commuter and business route. Surrounding uses include Multi-Family Complexes (1300 Units in 1 mile radius), Single Family Residential, Commercial, Mega Churches, Super Markets, Regional Mall Hamilton Place. Building has truck loading along one side and additional access to rear of building. Parking is Common with other Business Center Tenants in approx. 65 spaces in the front and approx. 0.20 ac area in rear. Lease is NN with Tenant paying property taxes and Property Insurance. Landlord does not charge a CAM fee. Landlord may consider splitting the space with qualified use and satisfactory eligibility.

Expand All Available Space

Suite: stand alone building 8,320 SF $8.50 PSF (Annual) NN
Space Available: 8,320 SF
Lease Rate: $8.50 PSF (Annual)
$5,893 (Monthly)
Lease Type: NN
Date Available: 9/1/2015
Space Type: Relet
Offices 1

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chatt, Hamilton Co
Tax ID/APN: 139I H001.02
Market Type: Medium
Retail Clientele: General, Family, Business, Other
Property Located Between: Shallowford Rd and Bonny Oaks
Side of Street: West
Road Type: Paved, Highway
Property Visibility: Excellent
Largest Nearby Street: Frontage on Lee HWY, State Rt 64 / 11
Feet of Frontage: 75
Highway Access: Lee Hwy is State Rt 64 / 11. Location is 1.1 mile South of I-75 at Bonny Oaks Exit and 1.3 miles north of I-75 at Shallowford Rd Exit.
Airports: Chattanooga Municipal
Site Description: Developed Neighborhood Buisiness Center with four stand-alone buildings. Level topography with common parking (approx. 65 spaces) and good access to frontage on Lee Hwy. Gated access to rear of building is assured in the lease. Part of this lot (in the rear) is within the 100 yr Flood Area.
Area Description: Major economic driver in the area is Hamilton Place Mall, the largest mall in TN, just 1.5 miles east. New installation of Multi Family Apartment Complex in close proximity.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,320 SF
Property Condition: Good
Year Built: 1998
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block Construction, Side Loading with Service Corridor, Common Parking with Business Plaza Occupants but approx. 30 spaces immediately in front of building. Shop Front Windows with one Double Door Entry.
Total Parking Spaces: 65
Parking Type: Surface
Parking Description: New Parking Lot Surface and Strip, approx. 65 spaces available in common with other tenants in the business center. Additional parking available at rear on approx. 0.2 ac area.
Sprinklers: None
Heat Source: Central
Interior Description: Open Space for retail or Flex partitions. Drop Ceiling. Utility/Loading/Storage area. Two Bathrooms. One Manager's Office.
Zoning Description: C2
Lot Frontage: Business Center frontage is 300 ft
Lot Depth: usable depth is 340 ft. Total Depth is 450
Easements: Ingress/Egress
Easements Description: Access to rear is assured in lease. Additional access to the rear may be utilized with re-location of dumpster.
Legal Description: Lt 1A Cooper Edwards Sub Pb 59 Pg 321, Rev 72-111

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,745 43,929 97,829
Median Age: 40.34 40.61 39.61
Households: 1,529 17,768 39,420


Photograph of Listing Agent

John Mitchum

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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