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Renovated Historic Building in Chattanooga
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1010 Market St, Chattanooga, TN 37402

Customizable shell space in downtown Chattanooga, ideal for restaurant.

Space Size4,000 SF
Property Size36,772 SF
Days on Market1185

Property Features for 1010 Market St

General Information

Standard status Active
Size 4,000 SF
Class B
Property subtype Retail, Restaurant
Lease Type NNN

Building Details

Building Size 36,772 SF
Year Built 1870
Tenancy Multiple

Spaces For Lease

at 1010 Market St Contact us

Suite 102

Size
4,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Boehm Real Estate and Investment Co.
Listed By: Kevin Boehm · License #TN 295193
Source: Crexi
Added: Jun 7, 2023 Changed: Aug 14 Last Checked: Sep 3 at 5:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Boehm Real Estate and Investment Co.

Investment Insights

Based on property information with market context.

Located in the downtown core of Chattanooga, this historic building features new renovations. The space is in shell condition, ready to be customized by the tenant. Electrical, HVAC, and plumbing are stubbed in. A grease trap is in place, making it suitable for a restaurant. The floors are poured with a concrete slab, and sprinklers are already installed. Some restrictions may apply due to the building's status on the Historic Registry.

Key Highlights

  • Prime downtown Chattanooga location.
  • Suitable for restaurant use with grease trap installed.
  • Shell space ready for tenant customization.

Property Analytics

Current Use

Stephen J Jones ... Law Firm Cory Leslie A Law Firm TransCard Business To Business Service Mc Dougal John ... Law Firm Arvin H. Reingold. Law Firm

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Plumbing Service Daycare Center (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
7,449 visits/mo 0.3 miles

Demographics for 37402, TN

4,464
Population
3,207
Households
1.4
Avg Household Size
38
Median Age
30%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
3,434
Density / Sq Mi
$28,829
Median Household Income
$42,515
Median Earnings
$673
Median Rent
$460,000
Median Home Value

Market

Lease Benchmarks for Chattanooga, TN

$21.91 /SF/Yr
Avg Asking Price
$14–$29.87 /SF/Yr
Price Range
26,874 SF
Avg Space Size

This space is priced 19% above the average of $21.91 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Customizable shell space in downtown Chattanooga, ideal for restaurant.
Where is this retail space located?
The property is located at 1010 Market St Chattanooga, TN.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Prime downtown Chattanooga location.; Suitable for restaurant use with grease trap installed.; Shell space ready for tenant customization.
(423) 531-0114 Call to check price and availability
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