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1607 Central Ave 1,500 - 9,002 SF of Office/Retail Space Available in Chattanooga, TN 37408
HIGHLIGHTS
- Prime location in an up-and-coming area on the edge of Chattanooga's bustling Southside
- Live-work-play model; strong existing retail and residential presence in the area
- Brand new mixed-use redevelopment, breaking ground in late 2023/early 2024
- Plenty of onsite surface parking and street parking; accessible via medium-traffic roads
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 101 | 1,500-5,736 SF | 15’ | Negotiable | $34.90 CAD/SF/YR $2.91 CAD/SF/MO $200,175 CAD/YR $16,681 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste 103 | 1,500-3,266 SF | 15’ | Negotiable | $34.90 CAD/SF/YR $2.91 CAD/SF/MO $113,977 CAD/YR $9,498 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 101
Retail/Restaurant
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Finished Ceilings: 15’
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 9,002 SF of adjacent space
1st Floor, Ste 103
Retail/Restaurant
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Finished Ceilings: 15’
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 9,002 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 9,002 SF | Gross Leasable Area | 32,409 SF |
| Min. Divisible | 1,500 SF | Year Built | 2025 |
| Property Type | Retail | Parking Ratio | 0.62/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 9,002 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 32,409 SF |
| Year Built | 2025 |
| Parking Ratio | 0.62/1,000 SF |
ABOUT THE PROPERTY
Conveniently located in the heart of Chattanooga, this bustling neighborhood offers a diverse range of dining, retail, and entertainment options for professionals and businesses. Within walking distance, tenants can relax with coworkers at the neighboring Oddstory Brewing. Plus, quick access to Interstate 24 streamlines commuting, while proximity to the Hunter Museum of American Art and the Tennessee Aquarium adds cultural appeal. The area surrounding the property promises a dynamic and enriching environment for office tenants. Two suites are currently equipped with brand new grease traps. This dynamic property also offers significant outdoor patio space.
NEARBY MAJOR RETAILERS
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1607 Central Ave
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