Former Payless Shoe Store

Retail-Commercial for Lease
Catylist Listing ID: 30610021
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail
Contiguous Space: 3,236 SF
Building Size (RSF): 3,236 SF
Gross Land Area: 47,480 SF
Lease Rate: $43.25 PSF (Annual)
Base Monthly Rent: $11,663
Lease Types: NNN
Building Name: Former Payless Shoe Store
Last Updated: 9/15/2020

Overview / Comments

Former Payless Shoe Store 3,236 SF building available for lease. This rare opportunity provides a wide-range of possibilities for any retail user, located on Gunbarrel Rd., which has over 26,000 AADT. This retail pad is highly visible and easily accessible from I-75 with . Located at a signalized intersection and adjacent to newly constructed Chipolte, also directly across from the 1.1 million square foot Hamilton Place Mall and is surrounded by various medical, retail and restaurant uses. Zoned C-2 allowing for a drive-thru making this a great opportunity for a retail or restaurant. See Proposed Preliminary Site Plan for increased parking option.

Expand All Available Space

Suite: 2124 Gunbarrel Road 3,236 SF $43.25 PSF (Annual) NNN
Space Available: 3,236 SF
Lease Rate: $43.25 PSF (Annual)
$11,663 (Monthly)
Lease Type: NNN
Space Description: Former Payless Shoe Store 3,236 SF building available for lease. This rare opportunity provides a wide-range of possibilities for any retail user, located on Gunbarrel Rd., which has over 26,000 AADT. This retail pad is highly visible and easily accessible from I-75 with . Located at a signalized intersection and adjacent to newly constructed Chipolte, also directly across from the 1.1 million square foot Hamilton Place Mall and is surrounded by various medical, retail and restaurant uses. Zoned C-2 allowing for a drive-thru making this a great opportunity for a retail or restaurant. See Proposed Preliminary Site Plan for increased parking option.
Space Subcategory: Medical, Free-Standing Store
Date Available: 5/20/2020
Lease Term: 120 Months
Space Type: Relet
Parking Spaces 24
Tax Expenses $22,000 PSF (Annual)

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 149I B 001.11
Zoning: C-2
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Chipotle
Property Visibility: Excellent
Largest Nearby Street: Gunbarrel Rd.
Feet of Frontage: 150
Traffic/Vehicle Count: 26,161
Highway Access: Full signalized access point south of property, and full access point to the north.
Airports: Chattanooga Airport
Site Description: Located directly on Gunbarrel Road, Approx. 3,236 SF on approx. 1.8 acres in Front of Petsmart and Lowes. Next door to Chipotle Mexican Grill.
Area Description: Gunbarrel Road across from Hamilton Place Mall.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,236 SF
Property Condition: Excellent
Year Built: 1995
Construction/Siding: Stucco
Total Parking Spaces: 24
Parking Type: Surface
Parking Description: Currently has 24 Parking Spaces. Proposed Preliminary Site plan shows the potential for up to 44 Parking spaces with a Drive Thru Window.
Internet Access: Gigabit
Zoning Description: C-2
Lot Frontage: 150.72 +/-
Lot Depth: 266.68 +/-
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LT 3 Gunbarrel Crossing PB52 PG145

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,473 52,688 114,004
Median Age: 42.51 40.4 39.46
Households: 4,160 21,965 46,285
The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.