Market Street Restaurant

Retail-Commercial for Lease
Catylist Listing ID: 30192910
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Contiguous Space: 4,785 SF
Building Size (RSF): 4,785 SF
Gross Land Area: 12,000 SF
Lease Rate: $15,000 (Monthly)
$37.62 PSF (Annual)
Lease Types: NNN
Building Name: Previously Applebee's Restaurant
Usable Size (USF): 4,785 SF
Last Updated: 7/21/2018

Overview / Comments

Heavy pedestrian and vehicular traffic in the heart of downtown Chattanooga's commercial district. Outdoor dining area with flat screen TVs. Separate ToGo order pick up entrance. Pylon signage at corner of 4th & Broad, Restaurant equipment purchase negotiable.

Expand All Available Space

Suite: 1 4,785 SF $15,000 (Monthly) NNN
Level/Floor: 1
Space Available: 4,785 SF
Lease Rate: $15,000 (Monthly)
$37.62 PSF (Annual)
Lease Type: NNN
Space Description: Full service restaurant built in 2009. Excellent single-tenant opportunity for a chef driven concept or national/regional concept to create a culinary sensation. Existing FF&E is available and negotiable if desired. Surrounded by restaurants, attractions, hotels, condos, retail, corporate & local office buildings, tourism, TN Aquarium, Discovery Museum, Visitor's Center, UT Chattanooga and all the excitement that downtown has to offer.
Space Subcategory: Free-Standing Store
Date Available: 1/12/2018
Space Type: Sublet
Kitchen Yes
Parking Spaces 5
Rent Escalators Other
Rent Escalators Description ask agent

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County Chattanooga
Tax ID/APN: 135MD-A-012
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Market Street and Broad Street
Property Visibility: Excellent
Largest Nearby Street: Market, 4th, Broad
Feet of Frontage: 50
Highway Access: U.S. Highway 27
Airports: Chattanooga Metropolitan Airport
Site Description: Excellent location in heart of downtown commercial district. Very attractive restaurant building with high visibility on prominent corner of 4th & Market Streets. Easy access to major traffic corridor Hwy 27.
Area Description: Heavy foot and vehicular traffic. Surrounded by mixed use retail, residential business and tourism.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,780 SF
Property Condition: Excellent
Year Built: 2009
Roof Type: Flat
Construction/Siding: Block, Concrete, Stone
Exterior Description: See photos
Total Parking Spaces: 5
Parking Type: Surface
Parking Description: Parking spaces in designated lot at rear of building includes 1 handicapped space. Easy access from Broad Street curb cut.
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Internet Access: Cable
Interior Description: See photos
Zoning Description: Form Based Code - D/SH/8
Lot Frontage: 50
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PT LT 25 ORIGINAL TOWN MARKET ST N/R

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,174 48,763 128,103
Median Age: 32.04 33.81 37.12
Households: 3,804 19,658 53,376

Contact

Photograph of Listing Agent

Kathy Wilton

Stonecrest Properties Greater Chattanooga REALTORS® Member
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