Under Market Rent Northshore Office Space
Office
for Lease
| Catylist Listing ID: |
30338261 |
| Property Subtypes: |
Governmental, Institutional, Medical, Mixed Use, Office Building, Other
|
| Contiguous Space: |
1,800 - 5,000 SF |
| Total Available: |
4,300 SF |
| Gross Building Area: |
10,696 SF |
| Lease Rate: |
$13 - 18.50 PSF (Annual)
|
| Base Monthly Rent: |
$2,708 |
| Lease Types: |
Modified Gross, NNN |
| Building Name: |
The Maddox |
| Class of Space: |
Class B |
| Last Updated: |
10/17/2020 |
Overview / Comments
Location, Location, Location!!! Want to be in the heart of Northshore with rent under market rate? This is the space for you. Conveniently located by Manufacturers Rd and Cherokee Blvd gives you easy access to I-24 and downtown. Tired of paying for monthly parking and your clients trying to find parking? Here there are 16 parking spaces on site and a parking garage across the street all without fees. The floor plan is ideal for government or institutional tenants and could easily be converted into medical. The space is efficiently laid out with minimal open space. The other successful tenants occupying the building are Glace Cryotherapy and Caliber Home Loan, .
|
|
Suite: 101
|
1,800 SF
|
$18.50 PSF (Annual)
Modified Gross
|
| Level/Floor: |
1 |
| Status: |
Pending |
| Space Available: |
1,800 SF |
| Lease Rate: |
$18.50 PSF (Annual)
$2,775 (Monthly)
|
| Lease Type: |
Modified Gross |
| Space Description: |
This space was set up for a physician. There are three exam rooms with sinks, one room for consulting, one office, large nurses station, small kitchenette and reception/waiting room. It is ideal for any solo practitioner with a nurse practitioner. |
| Space Subcategory: |
Medical |
| Date Available: |
3/19/2020 |
| Space Type: |
Relet |
| Offices |
1 |
| Kitchen |
Yes |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
3% annual increases in rent |
| Level/Floor: |
2 |
| Space Available: |
2,500 SF |
| Max Contiguous: |
5,000 SF |
| Lease Rate: |
$13 PSF (Annual)
$2,708 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
This space currently consists of purely small office spaces, a large reception area, and two restrooms. There is a small open area which could be converted into a conference room, additional offices or a kitchenette. |
| Date Available: |
10/8/2018 |
| Lease Term: |
36 Months |
| Space Type: |
Relet |
| Offices |
7 |
| Parking Spaces |
16 |
| Tax Expenses |
$2.31 PSF (Annual) |
| Operating Expenses |
$0.50 PSF (Annual) |
| CAM Expenses |
$0.69 PSF (Annual) |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
3% annual increaeses |
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Tax ID/APN: |
033135E A 01800P000 |
| Zoning: |
E-SH-3 |
| Property Located Between: |
Cherokee |
| Property Visibility: |
Excellent |
| Highway Access: |
.5 miles to Hwy 27 from Manufacturers Rd |
| Airports: |
Chattanooga Metropolitan |
| Area Description: |
This area, sitting on the north shore of the Tennessee River, has everything from understated luxury homes in historic neighborhoods to contemporary new homes and everything in between. Its central location, sought-after magnet schools, proximity to Coolidge and Renaissance Parks, and tons of shops, restaurants, and businesses make this a popular part of town. |
| Number of Stories: |
2 |
| Typical SF / Floor: |
5,000 SF |
| Year Built: |
2002 |
| Year Renovated: |
2015 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Structure, Surface |
| Parking Description: |
There are 16 parking spaces on site and free parking across the street in a multi level parking garage with 230 spaces. |
| Total Parking Spaces: |
246 |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Lot Frontage: |
157 |
| Lot Depth: |
150 |
| Water Service: |
Municipal |
| Sewer Type: |
Storm |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,568 |
50,303 |
124,873 |
| Median Age: |
33.92 |
35 |
37.09 |
| Households: |
2,856 |
21,024 |
52,277 |
|
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