Catylist ID:
#30658659
Prime Downtown Office/Retail for Lease - Prominent Signage Available
Retail-Commercial
for Lease
Also listed as Office
| Catylist Listing ID: | 30658659 |
| Property Subtypes: | Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub |
| Contiguous Space: | 5,102 SF |
| Gross Building Area: | See Agent |
| Lease Rate: |
$21 PSF (Annual) |
| Base Monthly Rent: | $8,928 |
| Lease Types: | Net Lease, NNN |
| In Opportunity Zone? | Yes |
| Building Name: | Maclellan |
| Last Updated: | 7/27/2021 |
Overview / Comments
|
We're pleased to offer for lease this ground level space of approximately 5,102± SF which is perfectly suited for a high-visibility office or retail user. Most recently a bank branch, the space offers a plug and play opportunity for another bank or financial services business, with build to suit options available. Plus, there is potential for prominent building signage. Built in 1924 in the heart of downtown Chattanooga, the Maclellan building has long been the city's most iconic structure. This landmark property has been revitalized into the premier mixed-used development with 85 well-appointed apartments and prime, street level office or retail space. This property is situated within walking distance from many of downtown Chattanooga's best known attractions including the historic Tivoli Theatre, which is right next door, the Tennessee Aquarium, the Chattanooga Lookouts (AA Affiliate of the Minnesota Twins), the Hunter Museum of American Art, the Creative Discovery Museum, the IMAX 3D Theater, and the High Point Climbing Gym. The immediate area includes numerous hotels, restaurants, residential units (apartments, condos, townhomes), and office buildings including the headquarters of two of the area's largest employers–-Blue Cross Blue Shield of Tennessee and Unum. *Tenant to verify square footage.* |
Expand All Available Space
| Suite: 1 | 5,102 SF | $21 PSF (Annual) Net Lease,NNN |
| Level/Floor: | Ground | |
| Space Available: | 5,102 SF | |
| Lease Rate: |
$21 PSF (Annual) $8,928 (Monthly) |
|
| Lease Type: | Net Lease,NNN | |
| Space Description: | Currently laid out for and occupied by a bank, with teller windows, private offices, a conference room, and a breakroom in the mezzanine area. | |
| Date Available: | 10/16/2020 | |
| Space Type: | Relet | |
| Kitchen | Yes | |
Additional Details
| Nearest MSA: | Chattanooga |
| County: | Hamilton |
| Tax ID/APN: | 145C BA 005 |
| Zoning: | D-CX-12 |
| Retail Clientele: | General, Business, Tourist |
| Property Located Between: | On Broad between 7th and 8th Street |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Broad Street |
| Feet of Frontage: | 123 |
| Highway Access: | Highway 27 and I-24 |
| Airports: | Chattanooga - Lovell Field |
| Area Description: | Centrally located in the heart of downtown Chattanooga. Immediate area includes hotels, offices, restaurants, and residential units. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 12 |
| Property Condition: | Good |
| Year Built: | 1924 |
| Year Renovated: | 2016 |
| Roof Type: | Mansard |
| Parking Type: | Surface |
| Zoning Description: | Downtown core, commercial mixed use |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | Chestnut St N/R Pt Lts 52& 54 Origi Nal Town |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 10,174 | 50,399 | 126,400 |
| Median Age: | 32.04 | 33.81 | 36.74 |
| Households: | 3,804 | 20,236 | 52,528 |
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