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728 Market St, Chattanooga, TN 37402

Class A building in Chattanooga's vibrant CBD for lease.

Space Size1,700 SF - 22,465 SF
Property Size39,465 SF
Days on Market1161

Property Features for 728 Market St

General Information

Standard status Active
Size 1,700 SF - 22,465 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 39,465 SF
Tenancy Multiple

Spaces For Lease

at 728 Market St Contact us

Suite 205

Size
22,465 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 110

Size
2,642 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 112A

Size
1,700 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 130

Size
1,728 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 140

Size
2,908 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: NAI Charter Real Estate
Listed By: Frazier DeVaney, SIOR · License #13517916
Source: Crexi
Added: Jun 20, 2023 Changed: Aug 23 Last Checked: Aug 23 at 3:17AM

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 NAI Charter Real Estate

Investment Insights

Based on property information with market context.

Market City Center, constructed in 2017, is situated in the heart of Chattanooga's growing Central Business District. This Class A building features two floors of modern office and retail space. Floors 3 through 8 consist of 125 residential apartments with a 98% occupancy rate. The ground floor provides over 17,000 square feet of retail and restaurant space. Retail space is delivered with MEPs in place and unfinished slabs; ownership will credit the cost of slab completion in tenant improvement allowance. The first floor includes a well-maintained common area utilized by commercial and residential tenants, common area restrooms, and a secured mail room. The second-floor office space encompasses over 22,000 square feet and is a warm shell with high-end finishes, exceptional architectural detail, and state-of-the-art technology. Large ceiling-to-floor windows offer street views of Chattanooga's bustling CBD.

Key Highlights

  • Ideally located in the heart of Chattanooga’s growing and vibrant CBD.
  • Class A building built in 2017.
  • Ground floor offers 17,000+ SF of retail and restaurant space with MEPs in place.

Property Analytics

Current Use

Market City Center Apartment Building Western Union Bank Strayer University University TVFCU - Downtown City ... Credit Union Bantam & Biddy Restaurant

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Clothing & Fashion Store Butcher

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,854
Businesses Nearby

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

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Class A building in Chattanooga's vibrant CBD for lease.
Where is this mixed-use property located?
The property is located at 728 Market St Chattanooga, TN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Ideally located in the heart of Chattanooga’s growing and vibrant CBD.; Class A building built in 2017.; Ground floor offers **17,000+ SF of retail and restaurant space with MEPs in place.**
More about this property
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