TN Valley Technology Center
Office
for Lease
| Catylist Listing ID: |
30706814 |
| Property Subtypes: |
Executive Suites, Governmental, High-Tech, Institutional, Office Building
|
| Contiguous Space: |
586 - 2,200 SF |
| Total Available: |
6,034 SF |
| Building Size (RSF): |
118,000 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
4 Acres
|
| Lease Rate: |
$20.55 PSF (Annual)
|
| Base Monthly Rent: |
$1,003 - 3,767 |
| Lease Types: |
Modified Gross |
| 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: |
7/15/2021 |
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.
|
|
Suite: 101
|
956 SF
|
$20.55 PSF (Annual)
Modified Gross
|
| Level/Floor: |
1 |
| Space Available: |
956 SF |
| Lease Rate: |
$20.55 PSF (Annual)
$1,637 (Monthly)
|
| Lease Type: |
Modified Gross |
| Space Description: |
This space sits nicely at the entrance to the building. It is a corner unit with windows encasing the majority of the space. Currently the space is an open floorplan but offices can easily be built out. TI allowance is negotiable. |
| Space Subcategory: |
High-Tech, Office Building |
| Date Available: |
2/10/2021 |
| Space Type: |
Relet |
| Rent Escalators |
Percentage Lease |
| Rent Escalators Description |
3% annual increases |
|
Suite: 103
|
586 SF
|
$20.55 PSF (Annual)
Modified Gross
|
| Level/Floor: |
1 |
| Space Available: |
586 SF |
| Max Contiguous: |
1,653 SF |
| Lease Rate: |
$20.55 PSF (Annual)
$1,003 (Monthly)
|
| Lease Type: |
Modified Gross |
| Space Description: |
Open space office.
Can be combined with Suite 105 for an additional 1067 SF |
| Space Subcategory: |
Office Building, Governmental |
| Date Available: |
7/15/2021 |
| Space Type: |
Relet |
|
Suite: 104
|
1,225 SF
|
$20.55 PSF (Annual)
Modified Gross
|
| Level/Floor: |
1 |
| Space Available: |
1,225 SF |
| Lease Rate: |
$20.55 PSF (Annual)
$2,097 (Monthly)
|
| Lease Type: |
Modified Gross |
| Space Description: |
This space is currently in a dark shell condition. It is a corner unit along a corridor with glass bringing in light. Landlord is negotiable on built out allowance. |
| Space Subcategory: |
High-Tech, Office Building |
| Date Available: |
2/11/2021 |
| Space Type: |
New |
| Rent Escalators |
Percentage Lease |
| Rent Escalators Description |
3% annual increases |
|
Suite: 105
|
1,067 SF
|
$20.55 PSF (Annual)
Modified Gross
|
| Space Available: |
1,067 SF |
| Max Contiguous: |
1,653 SF |
| Lease Rate: |
$20.55 PSF (Annual)
$1,827 (Monthly)
|
| Lease Type: |
Modified Gross |
| Space Description: |
Large open room in the entrance with two offices in the rear.
This space can be combined with Suite 103 for an additional 586 SF. |
| Space Subcategory: |
Office Building, Governmental |
| Date Available: |
7/15/2021 |
| Space Type: |
Relet |
| Offices |
2 |
|
Suite: 107
|
2,200 SF
|
$20.55 PSF (Annual)
Modified Gross
|
| Level/Floor: |
1 |
| Space Available: |
2,200 SF |
| Lease Rate: |
$20.55 PSF (Annual)
$3,767 (Monthly)
|
| Lease Type: |
Modified Gross |
| Space Description: |
This space has been built out with several offices, reception area, conference room and work stations. See attached floor plan. |
| Space Subcategory: |
Office Building, High-Tech |
| Date Available: |
2/11/2021 |
| Space Type: |
Relet |
| Conference Rooms: |
1 |
| Offices |
3 |
| Rent Escalators |
Percentage 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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