St Elmo - Incline Restaurant Space

Retail-Commercial for Lease
Catylist Listing ID: 30731378
Property Subtypes: Restaurant, Street Retail
Contiguous Space: 1,377 SF
Building Size (RSF): 4,295 SF
Lease Rate: $18 - 20 PSF (Annual)
Base Monthly Rent: $2,065 - 2,295
Lease Types: NNN
Building Name: St Elmo Incline Retail Center
Usable Size (USF): 1,377 SF
Last Updated: 6/9/2021

Overview / Comments

This multi-tenant center is located adjacent to the Incline Railway in the heart of St Elmo which is easily accessible and benefits from both high tourist traffic and local passers-by.

The center has front door parking and is surrounded by the 200+ parking lot primarily used for Incline Railway visitors. Existing tenants in the center include Jonesy Wood Designs (jewelry), Mountain Vibes Mercantile, a salon, and Two Ridges Pottery. The vacant space is a 1,377 SF former restaurant with rear outdoor patio space.

Expand All Available Space

Suite: 3931 1,377 SF $18 - 20 PSF (Annual) NNN
Space Available: 1,377 SF
Lease Rate: $18 - 20 PSF (Annual)
$2,065 - 2,295 (Monthly)
Lease Type: NNN
Space Description: The available space is currently operating as a restaurant with indoor and outdoor patio seating. Hood will remain in place.
Space Subcategory: Strip Center, Neighborhood Center
Date Available: 6/1/2021
Space Type: Relet
Kitchen Yes
Tax Expenses $3.50 PSF (Annual)
Operating Expenses $0.40 PSF (Annual)
CAM Expenses $0.50 PSF (Annual)
Rent Escalators Step-Up Lease

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033155O E 01000
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Tennessee Avenue
Feet of Frontage: 100
Traffic/Vehicle Count: 24,000
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1956
Roof Type: Flat
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Gigabit, Fiber Optic
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,081 44,413 103,753
Median Age: 36.28 33.78 36.21
Households: 904 16,896 41,840

Contact

Photograph of Listing Agent

John E Jewell

CBT Commercial Greater Chattanooga REALTORS® Member
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