Prime Retail Opportunity Available on the Northshore

Retail-Commercial for Lease
Catylist Listing ID: 30579628
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 4,410 SF
Gross Building Area: 4,410 SF
Lease Rate: $21 PSF (Annual)
Base Monthly Rent: $7,717
Lease Types: NNN
Last Updated: 11/20/2020

Overview / Comments

This building is located in the most successful retail district in downtown-Chattanooga's Northshore District. This location has the rare amenity of parking lots on both sides owned by the same owner. Tenants have the advantage of several established businesses adjacent to this site- Fast Break, Orange Theory, Heaven and Ale, First Watch, Abby Lane in addition to other neighborhood retail including the new Starbucks.

This building will also have traffic from nearby offices (Signal Mill), as well as the growing residential population (10 North, Five Points and more) as well as residents and tourists already drawn to the area for the unique mix of shops and restaurants, as well as nearby outdoor areas (Renaissance Park, Coolidge Park).

Parking is no additional fee and will be included in the monthly rent. Landlord is willing to make improvements based on term and credit of tenant.

Attachments & Media

Expand All Available Space

Suite: 100 4,410 SF $21 PSF (Annual) NNN
Level/Floor: 1st
Space Available: 4,410 SF
Lease Rate: $21 PSF (Annual)
$7,717 (Monthly)
Lease Type: NNN
Space Description: The space is 2 level with 3 restrooms (including 2 showers) and kitchen area with the rest of the building being wide open and flexible space. Both levels have plentiful natural light. There is approximately 1800 sq ft on the upper level with the remainder of the space on the lower level. There are entrances on both levels.
Space Subcategory: Office Building, Medical
Date Available: 3/20/2020
Lease Term: 60 Months
Space Type: New
Kitchen Yes
Parking Spaces 20
Tax Expenses $3.50 PSF (Annual)
Rent Escalators Percentage Lease
Rent Escalators Description 3% Annual Increases

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033135F F 00500P000
Zoning: E-CX-4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Manufacturers Road and Somerville Avenue
Property Visibility: Excellent
Largest Nearby Street: Market Street
Feet of Frontage: 200
Traffic/Vehicle Count: 17,000
Highway Access: Minutes from Highway 27 and I-24 via Manufacturer's Road or Cherokee Blvd.
Airports: CHA
Site Description: Owner has a total of 200'-0" of frontage with building taking up about 50'-0" of frontage with the remaining frontage consisting of parking. Visibility and access to site are both excellent.
Area Description: Great building location in the heart of the Northshore with several surrounding retail concepts including Heaven + Ale, Orange Theory, First Watch, Fast Break, Abby Lane Boutique, and more.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1940
Year Renovated: 2013
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick exterior that has been painted and updated with new storefront and awnings.
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: 8 Parking spots available between the building and the Cat Clinic next door. There is additional parking available on the other side of the building providing up to 20 parking spaces.
Heat Type: Electricity
Air Conditioning: Engineered System
Interior Description: Interior is currently home to a local interior design team. There is 1 restroom and 1 small kitchenette area on site along with small office space. The building is split level with high ceilings on both floors.
Lot Frontage: 200'-0"
Lot Depth: 125'-0"

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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


Photograph of Listing Agent

Kelly Fitzgerald

Second Story Real Estate Manag Greater Chattanooga REALTORS® Member
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