Catylist Listing ID: 30653807
Property Subtypes: High-Tech, Office Building, Other
Contiguous Space: 6,174 SF
Gross Building Area: See Agent
Lease Rate: $15 PSF (Annual)
Base Monthly Rent: $7,717
Lease Types: NN
In Opportunity Zone? Yes
Building Name: Lovemans Building
Last Updated: 10/22/2020

Overview / Comments

Suite 207 is becoming available late 2020 and represents a unique opportunity to lease space within the 2nd Floor of the historic Lovemans Building, conveniently located in the heart of downtown Chattanooga.

The 2nd Floor is 35,000 square feet and all other suites are leased to Fidelity Trust Company, Lamp Post Group, Dynamo VC, Second Story Real Estate Management, Society of Work, Reliance Benefits, PCS, The Finery House, and The Sasha Group, a VaynerX Company.

The 2nd Floor is currently undergoing an extensive remodeling, which features new LED designer lighting, music throughout the common areas, video security, new restrooms with showers, a lactation room, upgraded elevator lobby, and original artwork from local artists.

The space also offers secured parking in the Lovemans parking deck that enters directly into the 2nd Floor. Spaces are $100 per month.

Reimbursements to Landlord above the base rent are estimated to be $0.50 per square foot per month.

The space is listed "as-is"; however, the Landlord will renovate the space for a Tenant. Landlord's improvement costs will be amortized over the base term on top of the quoted base rent.

Expand All Available Space

Suite: 207 6,174 SF $15 PSF (Annual) NN
Space Available: 6,174 SF
Lease Rate: $15 PSF (Annual)
$7,717 (Monthly)
Lease Type: NN
Date Available: 11/1/2020
Space Type: Relet
Kitchen Yes
Rent Escalators Step-Up Lease
Rent Escalators Description 2% Annual Rent Escalations

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Property Located Between: Market and Cherry @ 8th St
Property Visibility: Excellent
Parking Type: Structure
Passenger Elevators: 1
Freight Elevators: 1
Sprinklers: Wet
Internet Access: Gigabit

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,174 51,216 124,946
Median Age: 32.04 33.71 36.58
Households: 3,804 20,507 51,924

Contact

Photograph of Listing Agent

J. Matthew McGauley

Fidelity Trust Company Greater Chattanooga REALTORS® Member
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