Small Retail/Office Space in the Tomorrow Building

Office for Lease
Also listed as Retail-Commercial
Catylist Listing ID: 30647100
Property Subtypes: Mixed Use
Contiguous Space: 2,190 SF
Gross Building Area: See Agent
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $3,650
Lease Types: NNN
Ceiling: 14 ft.
In Opportunity Zone? Yes
Building Name: The Tomorrow Building
Class of Space: Class B
Last Updated: 10/19/2020

Overview / Comments

Located in the Innovation District of Chattanooga, the Tomorrow Building is a historic landmark constructed in 1888 and renovated in 2018 and is located in the heart of downtown where nearby developments include the newly renovated Miller Park, improved walkability, and the current reconstruction of Patten Parkway.

In one of only a few cities to have a designated innovation district, this 140 acre radius is made up of businesses, organizations, and nonprofits that appeal to the city's entrepreneurs, creatives, civil servants, and professionals.

The remake of Patten Parkway will include brick pavers, parking, trees, seating, public art, and more. The new street will recall its history as a market square suited for festivals, concerts, and other events, and will directly benefit the occupant of the subject available space as it is located directly on Patten.

Expand All Available Space

Suite: 118 2,190 SF $20 PSF (Annual) NNN
Level/Floor: Ground
Space Available: 2,190 SF
Lease Rate: $20 PSF (Annual)
$3,650 (Monthly)
Lease Type: NNN
Space Subcategory: Office Building, Office Showroom
Date Available: 9/16/2020
Space Type: Relet
Tax Expenses $3 PSF (Annual)
Operating Expenses $1 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description 3% Annual Increases

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 033145D V 02801
Property Located Between: George Avenue and Patten Parkway
Property Visibility: Excellent
Highway Access: Close to Interstate 24 and US Highway 27
Airports: 8.5 miles from Chattanooga Airport
Area Description: Located in the heart of downtown Chattanooga, this property has strong walkability to the University of Tennessee-Chattanooga and all businesses in the CBD.
Total Number of Buildings: 1
Number of Stories: 4
Year Built: 1888
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: This space is located directly on the newly remade Patten Parkway.
Parking Type: Surface
Parking Description: Parking options include surrounding surface lots and street parking.
Heat Type: Electricity
Heat Source: Central
Internet Access: Gigabit
Interior Description: Brick, block, and sheetrock walls with tile flooring. Open ceilings at 14 feet high. There are two restrooms.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,060 50,235 126,988
Median Age: 32.05 33.68 36.59
Households: 4,213 20,004 52,727

Contact

Photograph of Listing Agent

Brian Chadwick

Second Story Real Estate Manag Greater Chattanooga REALTORS® Member
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