TN Valley Technology Center
Office
for Lease
| Catylist Listing ID: |
30706814 |
| Property Subtypes: |
Executive Suites, Governmental, High-Tech, Institutional, Office Building
|
| Contiguous Space: |
1,064 - 3,128 SF |
| Total Available: |
4,192 SF |
| Building Size (RSF): |
118,000 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
4 Acres
|
| Lease Rate: |
$20 - 22 PSF (Annual)
|
| Base Monthly Rent: |
$1,773 - 5,356 |
| Lease Types: |
Modified Gross, NNN |
| In Opportunity Zone? |
Yes |
| Building Name: |
Tennessee Valley Technology Center |
| Class of Space: |
Class B |
| Usable Size (USF): |
112,700 SF |
| LEED Certified: |
Yes |
| Last Updated: |
5/16/2022 |
Overview / Comments
|
The Tennessee Valley Technology Center is located at the intersection of Main Street and Riverfront Parkway along the West Side portion of downtown Chattanooga. The West Side continues to see explosive growth with residential, hospitality, office, and entertainment locales due to its proximity to the Chattanooga riverfront and the Southside district. The "Tech Center" is a Class B office building with on-site parking and convenience features including shower facilities, outdoor space, and 24/7 access via secured entry after regular business hours. Sitting on 4 acres brings 300 parking spaces for the buidling's tenants and clients. Additional highlights for the property making it LEED certified are electric vehicle car charging stations, Geothermal HVAC from open loop water well, reflective TPO roof, LED and magnetic induction lighting, DI water system, recirculating water loop, hydrogen generator, R30 Insulation, Low E insulated glass windows, Low VOC paints. Home to the TN Department of Health, TN Department of Finance and Administration, TN Department of Environment and Conservation, TN Department of Revenue, Tru North and Baker Life, new spaces have recently become available from just under 1,000 SF to over 10,000 SF from new builld out to relet spaces.
|
| Space Available: |
1,064 SF |
| Lease Rate: |
$20 - 22 PSF (Annual)
$1,773 - 1,950 (Monthly)
|
| Lease Type: |
NNN |
| Date Available: |
3/18/2022 |
| Space Type: |
New |
| Rent Escalators Description |
3% Annual Increases |
|
Suite: 110
|
3,128 SF
|
$20.55 PSF (Annual)
Modified Gross
|
| Space Available: |
3,128 SF |
| Lease Rate: |
$20.55 PSF (Annual)
$5,356 (Monthly)
|
| Lease Type: |
Modified Gross |
| Space Subcategory: |
Office Building, High-Tech |
| Date Available: |
3/1/2022 |
| Space Type: |
Relet |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
3% annual increases |
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Tax ID/APN: |
033145G A 00202 |
| Zoning: |
C3 |
| Property Located Between: |
E Main St |
| Property Visibility: |
Excellent |
| Highway Access: |
I-24 .25 miles |
| Area Description: |
The property sits along RIverfront Pkwy which was once solely a manufacturing area. It is now home to several new resdiential, office, and hospitality developments. |
| Number of Stories: |
2 |
| Typical SF / Floor: |
55,000 SF |
| Year Built: |
1954 |
| Year Renovated: |
2009 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
Large surface lot with gated secrity |
| Total Parking Spaces: |
300 |
| Internet Access: |
Gigabit |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,075 |
45,774 |
118,584 |
| Median Age: |
39.6 |
33.68 |
36.21 |
| Households: |
2,710 |
18,141 |
48,981 |
|
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