ReStore Sublease -21,000 SF-Next to Tractor Supply

Shopping Center for Lease
Also listed as Retail-Commercial
Catylist Listing ID: 30590436
Property Subtypes: Community Center, Mixed Use, Neighborhood Center, Net Leased, Outlet Center, Regional Mall, Strip Center
Contiguous Space: 21,000 SF
Building Size (RSF): 21,000 SF
Gross Building Area: 82,805 SF
Gross Land Area: 8.80 Acres
Lease Rate: $6.05 PSF (Annual)
Base Monthly Rent: $10,587
Lease Types: NNN
Ceiling: 14 ft.
Building Name: Apison Crossing
Usable Size (USF): 21,000 SF
Last Updated: 12/2/2020

Overview / Comments

Wonderful opportunity to sublease the Habitat Restore store located in Apison in the Apison Crossing retail center. Apison is a submarket of Chattanooga, TN. The suite is next to the Tractor Supply store. Tractor Supply is the anchor tenant for this center. There is a mix of about 15 tenants in this 82,000+- retail center.

The subject suite contains about 21,000 SF of mostly open floor plan space. There is a large management office, a shipping and receiving back room, dock and dock door, restrooms, a large break room, storage closets and upstairs room. In years past this was a Winn Dixie grocery store so there is a significant amount of power supplied to the suite.

Pricing: The suite is for lease at $6.05/sf with the NNN expenses totaling $2.63/SF.

Drawings: The floor plan and elevation drawings are available upon request.

Expand All Available Space

Suite: 138 21,000 SF $6.05 PSF (Annual) NNN
Level/Floor: Suite 138
Space Available: 21,000 SF
Lease Rate: $6.05 PSF (Annual)
$10,587 (Monthly)
Lease Type: NNN
Space Description: The whole space is for sublease. 12/31/2026
Date Available: 4/1/2020
Lease Term: 66 Months
Space Type: Sublet
Sublease Expiration Date: 12/31/2026
Conference Rooms: 1
Offices 1
Kitchen Yes
Parking Spaces 200
Tax Expenses $1.13 PSF (Annual)
Operating Expenses $0.54 PSF (Annual)
CAM Expenses $0.96 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description Rent will increase on 4/1/22 to $6.55/SF. NNN expenses can change annually.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County/ Chattanooga City
Tax ID/APN: 033140 18815
Zoning: MU-TC
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Apison Pike and Ooltewah Ringgold Rd
Property Visibility: Excellent
Largest Nearby Street: Apison Pike and Ooltewah Ringgold Rd
Feet of Frontage: 95
Traffic/Vehicle Count: 19,283
Highway Access: I-75 via Apison Pike, Exit 9 off I-75
Airports: Chattanooga Metropolitan
Site Description: The site is level and at street grade with huge retail parking lot in front retail strip center. The site contains a Tractor Supply store as the largest tenant and has about a dozen other shops.
Area Description: The Apison Pike/Collegedale/Ooltewah submarket is the highest growth market in Hamilton County. 50% of the housing starts in Chattanooga are in this submarket.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 21,000 SF
Property Condition: Good
Year Built: 1996
Year Renovated: 2016
Construction/Siding: Block
Exterior Description: Retail Strip Center
Parking Type: Structure, Surface
Parking Description: Very large parking lot in front. Hundreds of spaces.
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: 80% of is open retail space. The back 20% include kitchen, receiving and shipping area, storage closets. There is a upstairs of about 200 SF.
Zoning Description: Mixed Use-Town Center
Lot Frontage: 811
Lot Depth: 400
Water Service: Municipal, Well
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,336 27,015 66,471
Median Age: 37.06 38.62 39.75
Households: 1,331 9,425 24,488

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Riley Kurtts

KW Commercial Greater Chattanooga REALTORS® Member
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