Broad Street Frontage Retail

Retail-Commercial for Lease
Lease Pending
Catylist Listing ID: 30781352
Property Subtypes: Street Retail
Status: Pending
Contiguous Space: 1,400 SF
Gross Building Area: See Agent
Lease Rate: $25 PSF (Annual)
Base Monthly Rent: $2,916
Lease Types: Modified Gross
In Opportunity Zone? Yes
Last Updated: 1/20/2022

Overview / Comments

Ideal commercial/retail space facing the heavily trafficked Broad St in the Southside district. This space shares a building the businesses with Vive Fitness and Skin & Brow. The adjacent building houses Gordans Food Service grocery story, Pizza Bros and Live Label Hair Studio This building is one of a string of adaptive reuse buildings within the Southside district and on the fringe of the South Broad district. There is free parking along the front of the building for clients and customers and additional free parking along the side for employees. This is within walking distance to the Finley Stadium, First Tennessee Pavilion, and over 1200 apartment doors. This space could bring services catering to all the pedestrian traffic and residents.

Expand All Available Space

Suite: 103 1,400 SF $25 PSF (Annual) Modified Gross
Status: Pending
Space Available: 1,400 SF
Lease Rate: $25 PSF (Annual)
$2,916 (Monthly)
Lease Type: Modified Gross
Space Description: Basically a large open space. There is a dividng wall which is not floor to ceilieng which can be removed.
One office or storage in the rear of the space.
Entrance off Broad st as well as the side of the buiding.
Full restroom is shared with Skin & Brow through the rear of the space as a separate common area.
Date Available: 1/3/2022
Space Type: Relet
Offices 1
Rent Escalators Description 3% annual increase

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033145K H 00700P000
Property Visibility: Excellent
Largest Nearby Street: 20th St
Feet of Frontage: 55
Highway Access: .25 miles to I-24
Area Description: Southside, once the urban center of industry in Chattanooga, came to be known for its abandoned warehouses and old buildings during the mid-20th century. Today, revitalization has filled the neighborhood with the art, culture, cuisine and entertainment that has come to define the city. With the 50+ businesses that pepper the neighborhood as proof, this once-desolate area is experiencing a second life. Encompassing the land from Warehouse Row past Main Street, Southside became a nexus of renovations about 10 years ago. The area was identified and attractive because of the vast opportunity for growth and development. This property also sits on the border of the South Broad district. with new plans bringing 400 acres south of Interstate 24. This are will join in Chattanooga's central city renaissance. There are plans for the addition of new sports facilities and parks. New zoning rules will be implemented to allow new types of urban housing and retail development. One particular announced development will have close to 400 residential units as part of a new mixed-use development planned at South Broad Street. This development sits on 15.6 acres at W. 33rd St.
Tenancy: Multiple Tenants
Property Condition: Excellent
Parking Type: Surface
Parking Description: 8 parking spaces shard with Skin and Brow. Additional parking for employees in the rear.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,751 55,422 128,516
Median Age: 32.03 33.74 36.64
Households: 2,699 21,879 53,088

Contact

Photograph of Listing Agent

Anne L Najjar

Second Story Real Estate Manag Greater Chattanooga REALTORS® Member
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