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Highway 58 Retail 4972-4980 Highway 58
1,200 SF of Retail Space Available in Chattanooga, TN 37416
Highlights
- Excellent Visibility in High Traffic Area
- New LED Sign for Potential Advertising Opportunities
- +/- 3 miles to Enterprise South - Location of Volkswagen Assembly Plant & Amazon.com
- Interstate Access - 1.7 mile to Highway 153
- Ample Parking
- Signalized Access at Entrance
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 100 | 1,200 SF | 5 Years | £11.85 /SF/PA £0.99 /SF/MO £127.55 /m²/PA £10.63 /m²/MO £14,220 /PA £1,185 /MO | Triple Net |
1st Floor, Ste 100
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 agent 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.
SELECT TENANTS AT Highway 58 Retail
- Cannon Climate Control Self Storage
- Portabello's Italian Restaurant
PROPERTY FACTS FOR 4972-4980 Highway 58 , Chattanooga, TN 37416
About the Property
Built in 1993, property includes a 48,900 sq. ft. former grocery store that has been redeveloped for use as a climate controlled self-storage facility with additional retail space. There is a 12,000 sq. ft. retail space available for lease at $15.00/sf/yr (NNN) with build to suit available. Property under new ownership and ready for redevelopment. There is a large, striped & paved parking lot available to accommodate tenants and their customers. An interior parcel is located in front of lot that is currently owned and operated by Tennessee Valley Credit Union. Future development of the area is highly likely due to the recent addition of Volkswagen Assembly Plant and (less than 3 miles away). Property located on Highway 58, which is a major corridor for area residents to access Highway 153. Traffic counts in excess of 28,000 cars per day. Property features ingress/egress with a location on the "going home" side of Highway 58 and right-turn access. With 1.7 mile access to Highway 153, this property is easily accessible from all areas of town. Surrounding area is primarily occupied by commercial and retail use. Nearby businesses consist of a collection of non-anchored strip centers, fast food restaurants, drug stores, oil change facilities, cash-checking establishments, liquor stores, auto parts stores, self-storage facilities and professional general office complexes. There is a nearby industrial park off Jersey Pike and Bonny Oaks. Enterprise South, home to Volkswagen Assembly Plant & is less than 3 miles away.
- Pylon Sign
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Power Broker Pryor Bacon -
The Pryor Bacon Company
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Highway 58 Retail | 4972-4980 Highway 58
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