Prime Downtown Corner
Retail-Commercial
for Lease
| Catylist Listing ID: |
30644903 |
| Property Subtypes: |
Convenience Store, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
|
| Contiguous Space: |
3,000 SF |
| Gross Building Area: |
6,000 SF |
| Lease Rate: |
$18 PSF (Annual)
|
| Base Monthly Rent: |
$4,500 |
| Lease Types: |
NN |
| In Opportunity Zone? |
Yes |
| Last Updated: |
5/6/2021 |
Overview / Comments
For the first time in nearly 12 years, the corner storefront at 700 Market St is now an opportunity - perfect for creative office, retail/showroom, gym/fitness, market, pharmacy, restaurant, bar, or coffeeshop.
Extremely visible and convenient in the heart of downtown. Exterior signage available. Landmark address.
The quoted rate is for "as-is" space; however, Landlord will provide tenant improvement incentives which would be amortized into the final lease structure.
NN reimbursements estimated to be $3.00/SF Annually.
|
| Space Available: |
3,000 SF |
| Lease Rate: |
$18 PSF (Annual)
$4,500 (Monthly)
|
| Lease Type: |
NN |
| Space Subcategory: |
High-Tech, Medical |
| Date Available: |
11/1/2020 |
| Space Type: |
Sublet |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
2% Annual Escalations |
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Retail Clientele: |
General, Business, Tourist, Other |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Market St |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
3,000 SF |
| Property Condition: |
Good |
| Internet Access: |
Gigabit |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,174 |
52,134 |
127,127 |
| Median Age: |
32.04 |
33.96 |
36.72 |
| Households: |
3,804 |
20,870 |
52,886 |
|
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