Shallowford Commons 2,600 SF @ $13.00/SF

Office for Lease
Catylist Listing ID: 30344527
Property Subtypes: Executive Suites
Contiguous Space: 2,600 SF
Building Size (RSF): 2,600 SF
Gross Building Area: 11,400 SF
Gross Land Area: 1.14 Acres
Lease Rate: $13 PSF (Annual)
Base Monthly Rent: $2,816
Lease Types: NNN
Ceiling: 9 ft.
Building Name: Shallowford Commons/Wells Fargo Mortgage
Class of Space: Class A
Usable Size (USF): 2,600 SF
Last Updated: 11/16/2018

Overview / Comments

This office suite is located in the Shallowford Commons Office complex which is considered one of the best office parks in town. It is a condominium type development. This park has a high percentage of owner occupied suites which enhances the quality of the property. Wells Fargo Mortgage has been in this suite for over 10 years and will be moving out soon.

The suite has about 2,600 SF with 7 private offices, conference room for 8, 2 handicapped restrooms, large kitchen and break room, nice reception area, large 840 SF open/cubicle room, 2 front entrances, 1 rear entrance and parking on 3 sides. See attached floor plan.

Location is very good for Shallowford Commons. It provides easy access to the airport, Hwy 153 which leads to I-75 and Hixson area and is only minutes away from Enterprise South Industrial Park where VW is located. Many restaurants are nearby at the Hamilton Place Mall district.

39 parking spaces are available!

A five year lease is wanted and Landlord will provide some Tenant Improvement allowances for a credit worthy tenant.

Landlord may also consider selling the whole 11,400 SF building.

Expand All Available Space

Suite: 105 2,600 SF $13 PSF (Annual) NNN
Level/Floor: 1
Space Available: 2,600 SF
Lease Rate: $13 PSF (Annual)
$2,816 (Monthly)
Lease Type: NNN
Date Available: 1/1/2019
Lease Term: 60 Months
Space Type: Relet
Tax Expenses $3.10 PSF (Annual)
Operating Expenses $0.15 PSF (Annual)
CAM Expenses $1.18 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description 3.0% per year

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County, Chattanooga
Tax ID/APN: 033138O B 00209P000
Zoning: C2
Property Located Between: Shallowford Rd and W. Shepherd Rd
Property Visibility: Excellent
Highway Access: Easy access to Hwy 153 via Shallowford Rd. Easy access to I-75 north and south.
Airports: Chattanooga Metropolitan
Site Description: Shallowford Commons is probably the largest office condominium park in Chattanooga. The development had 3 phases and incorporates about 200,000 SF of offices.
Area Description: Outside the urban core, this is the hottest side of town and central to all parts of Chattanooga and has easy access to Cleveland and Dalton.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,600 SF
Year Built: 1999
Exterior Description: Beige colored stucco.
Parking Type: Surface
Parking Description: Parking is located on three sides; front, side and back. Recently sealed and striped parking lot lined with mature trees. Code provides for 13 spaces but because this suite is at the end of the building there are 39 spaces available for this suite!
Total Parking Spaces: 39
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: C2-Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,487 42,891 131,679
Median Age: 41.45 39.91 39.56
Households: 2,134 19,113 55,431

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
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