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1270-1278 Market St
2,718 - 7,500 SF of Office/Retail Space Available in Chattanooga, TN 37402
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,718-7,500 SF | 5-15 Years | $24.72 /SF/YR $2.06 /SF/MO $185,400 /YR $15,450 /MO | Triple Net (NNN) |
1st Floor
Located in the heart of downtown Chattanooga, surrounded by the beauty of the Appalachian Mountains and the Tennessee River, this space is truly turnkey, coming fully equipped with all restaurant necessities. It is within walking distance of some of Chattanooga's most popular hotels and tourist attractions and is only a few blocks away from the historic Chattanooga Choo Choo. This corner location on Market Street sees 11,198 (VPD) vehicles pass daily . The space has been occupied by one of Chattanooga's highest rated, high-end restaurants for the past 24 years. This 7,534SF space is dual concept with one kitchen. It can be divided into two separate spaces of 3,890SF and 3,644SF. If you're looking for a well-known, highly visible turnkey restaurant location, this space is for you!
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Located in the heart of downtown Chattanooga.
- Prime location situated on a corner lot.
- Turn key 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 FOR 1270-1278 Market St , Chattanooga, TN 37402
| Min. Divisible | 2,718 SF | Gross Leasable Area | 27,007 SF |
| Property Type | Retail | Year Built | 1914 |
| Property Subtype | Storefront Retail/Office | Cross Streets | King Street |
| Min. Divisible | 2,718 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 27,007 SF |
| Year Built | 1914 |
| Cross Streets | King Street |
About the Property
Equipment that comes with this space: Imperial Frier Imperial Range and Stove Small work table between fryer and stove Large work table beside stove Prep cooler Water filling station/computer table All bar coolers 3-sink station Ice bin Existing bar construction and equipment 3 Imperial stoves and ranges, all built together to fit perfectly under the hood All heat lamps hanging from the ceiling 3 cooler stations positioned directly across from hotline stoves Coffee station table with built-in sink Dish pit and 3-sink station in the kitchen Food washing sink in the corner of the kitchen next to the hotline All hung shelves Built-in wait station behind the bar Storage shelves behind the bar Wine racks
- Bus Line
- Signage
- Signalized Intersection
Nearby Major Retailers
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1270-1278 Market St
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