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Downtown Restaurant Space for Lease 401 Market St 4,785 SF of Retail Space Available in Chattanooga, TN 37402
Highlights
- Large restaurant space located in downtown Chattanooga's tourist district.
- Well equipped kitchen and bar areas.
- Large covered patio.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,785 SF | Negotiable | $30.89 CAD/SF/YR $2.57 CAD/SF/MO $147,822 CAD/YR $12,319 CAD/MO | Triple Net (NNN) |
1st Floor
***DO NOT DISTURB TENANTS*** Contact Listing Agent for any information, and to schedule showing. Over 4,700 square feet of incredible restaurant space located in the heart of downtown Chattanooga. Space includes full kitchen, full bar, and a large outdoor seating area. This property is located at a busy, signalized intersection, in Chattanooga’s popular tourist district, offering heavy foot traffic. Call Jeff Dodson for more information. 423.400.1984 jeffdodson@kw.com
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Freezer Space
- Large restaurant space, including full bar.
- Located in Chattanooga's booming tourist district.
- Walkable to many local attractions and businesses.
- Equipment and furniture negotiable.
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 | 4,785 SF | Gross Leasable Area | 4,785 SF |
| Property Type | Retail | Year Built | 2009 |
| Property Subtype | Restaurant | Parking Ratio | 1.25/1,000 SF |
| Total Space Available | 4,785 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,785 SF |
| Year Built | 2009 |
| Parking Ratio | 1.25/1,000 SF |
About the Property
***DO NOT DISTURB TENANTS*** Contact Listing Agent for any information, and to schedule showing. Over 4,700 square feet of incredible restaurant space located in the heart of downtown Chattanooga. Space includes full kitchen, full bar, and a large outdoor seating area. This property is located at a busy, signalized intersection, in Chattanooga’s popular tourist district, offering heavy foot traffic. Call Jeff Dodson for more information. Please see the attached property brochure for listing team contact information.
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
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Downtown Restaurant Space for Lease | 401 Market St
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