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OFFICE REDEVELOPMENT at HAMILTON PLACE 2100 Hamilton Place Boulevard, Chattanooga, TN 37421

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OFFICE REDEVELOPMENT at HAMILTON PLACE 2100 Hamilton Place Boulevard, Chattanooga, TN 37421 OFFICE REDEVELOPMENT AT HAMILTON PLACE 2100 Hamilton Place Boulevard, Chattanooga, TN 37421 DAVID F. DEVANEY, SIOR, CCIM l [email protected] l (423)267-6549 OFFICE SPACE CLASS “A” OFFICE SPACE LOCATED AT HAMILTON PLACE IN CHATTANOOGA, TENNESSEE TAX MAP 149I A 001.04 NAI Charter is pleased to exclusively offer for lease Class “A” office space available AVAILABLE OFFICE SF ±58,890 Spring 2020. The ±58,890 square foot office space is located in the vibrant Hamilton 1ST FLOOR SF ±23,318 Place sub-market of Chattanooga, Tennessee. As part of the redevelopment of the for- mer Sears location at Hamilton Place, CBL Properties has announced that the space 2ND FLOOR SF ±35,572 and the immediately adjacent area is being remerchandised to include new-to-mar- AVAILABLE Spring 2020 ket dining option The Cheesecake Factory, which opened in December. Future plans 5,000 MINIMUM SF include the addition of Dave & Buster’s, a national big box sporting goods retailer, a PARKING Abundant Free Parking 7-story hotel, additional freestanding dining choices, retail, and offices. Hamilton Place is an outstanding market dominant two-level regional mall located in the ever-burgeoning Chattanooga, Hamilton County, Tennessee. The property sits adjacent to and strategically off of I-75, a high traffic north/south corridor. Hamilton Place is within minutes drive of major employers such as Volkswagen, Amazon, and TDOT. Visitors to the Hamilton Place area enjoy a wide variety of market-exclusive retail and dining options. The shopping center is anchored by Dillard’s, JCPenney, and Belk, and offers a collection of national retailers like Barnes & Noble, H&M, Foot Locker, Sephora, Buckle, J.Crew Mercantile, LOFT, and ULTA Beauty. Hamilton Place Office Space l 2 RENDERINGS/PHOTOS Hamilton Place Office Space l 3 AERIAL Shallowford Road Shallowford Gunbarrel Road Hamilton Place Office Space l 4 SITE PLAN - LOWER LEVEL OFFICE SPACE 1st Floor: 23,318 SF Hamilton Place Office Space l 5 LOWER LEVEL FLOOR PLAN 23,318 SF Hamilton Place Office Space l 6 SITE PLAN - UPPER LEVEL OFFICE SPACE 2nd Floor: 35,572 SF Hamilton Place Office Space l 7 UPPER LEVEL FLOOR PLAN 35,572 SF Hamilton Place Office Space l 8 TRADE AREA DEMOGRAPHICS Population Trends Primary Trade Area Secondary Trade Area Total Trade Area 2022 Projection 488,166 510,105 998,271 2017 Estimate 463,745 502,472 966,217 2010 Census 435,877 490,085 952,962 2017-2022 % ChangeHamilton Place - Chattanooga, TN 5.27% 1.52% CBL & Associates Properties, Inc.3.32% Cannon Cumberland 70 mi Roane Maryville Warren Average Household Income I-75 Spencer 2022 Projection $83,559 $72,17960 mi Loudon $77,875 McMinnville Van Buren Spring City 2017 Estimate $71,596 Bledsoe $60,585 $66,035 Meigs Blount 2017-2022 % Change 16.71% Pikeville Rhea 19.14%50 mi 17.93% I-24 Coffee Decatur Madisonville Dayton 40 mi Manchester Beersheba Springs Monroe Median Age Athens Grundy 2022 Estimate 40 I-75 43 42 Tullahoma 30 mi Graham Dunlap Hamilton Etowah Sequatchie Chickamauga Lake McMinn Tracy City Soddy-Daisy 20 mi Decherd Marion BRADLEY SQUARE MALL Middle Valley Cherokee NORTHGATE MALL Cleveland Franklin Polk NORTH CAROLINA 10 mi Red Bank Hixson I-24 Wildwood Lake Nickjack Lake Chattanooga Orme TENNESSEE New Hope East Ridge East Brainerd I-24 HAMILTON PLACE Legend Bridgeport Fannin Dade CBL Mall Site Hytop I-75 Murray GEORGIA Trenton Whitfield Shopping Centers Stevenson Chickamauga 300-<750K Blairsville Jackson Catoosa I-59 U.S. Interstates Walker Dalton Highway Gilmer with Scan/US Map produced States Hollywood La Fayette Ider Counties Ellijay Scottsboro ZIP areas ALABAMA I-75 Hamilton Place Trade Area Primary Trade Area Guntersville Lake Gordon Secondary Trade Area Chattooga I-59 Talking Rock Calhoun 0 5 10 15 20 DeKalb Summerville Pickens Fort Payne PRIME OUTLETS AT CALHOUN Scale: 1" = 13.2 miles 03/15/18 Hamilton Place Office Space l 9 Hamilton Place Office Space l 10 CHATTANOOGA MARKET OVERVIEW Chattanooga, Tennessee is a burgeoning, dynamic city located in the southeast corner of Tennessee, 135 miles from Nashville, 145 miles from Birmingham, 110 miles from Knoxville and 120 miles from Atlanta. Chattanooga, the 4th largest city in the state, boasts a rapidly growing population, favorable climate, fiscal integrity, rejuvenated urban core, strong corporate demand and economic development, significant tourism and enviable recreational attractions. The city hosts a diverse and thriving downtown with over 50,000 daytime employees and 11,00 students attending the University of Tennessee at Chattanooga. Chattanooga has been rated as one of the best places to do business as the local government along with various private and philanthropic organizations have worked together to limit barriers to entry and red tape for new business ventures and to help existing local, regional, national, and international companies invest in the area. This has helped Chattanooga to attract widely recognizable companies to the area. Moreover, the quarter mile Innovation District located in Chattanooga’s CBD has revitalized residential relocation to the area and inspired high-tech companies, start ups, and entrepreneurs to establish presences in “incubators” scattered throughout the district and eventually shift to more permanent headquarters in the Downtown area. The Chattanooga MSA enjoys a strong and robust regional economy based in a variety of industries including technology and transportation, manufacturing, and healthcare services. Top employers within the region range from nationally recognizable organizations such as Amazon.com and BlueCross BlueShield to international businesses such as Volkswagen, which recently developed a massive manufacturing plant in Chattanooga. In the last five years, over $4 billion has been invested in the area by a variety of companies including Wacker with over $2 billion invested, Volkswagen with over $1 billion invested, Amazon.com with over $139 million invested, and Whirlpool with $120 million invested. Chattanooga is home to many well-known and nationally recognized attractions, arts and cultural centers, festivals, and outdoor activities. The World publication, owned by The New York Times, recently named Chattanooga as one of the “Top 45 Places to Go”. The City also boasts a well-manicured 13-mile Riverwalk along the Tennessee River that offers residents and tourists the opportunity to walk, run, or bike along the trails and pathways as well as relax in one of the many parks along the river. Hamilton Place Office Space l 11 CHATTANOOGA QUICK FACTS City of Chattanooga population: 176,588 Chattanooga MSA Population: 549,016 Tourism: 3 million people visit Chattanooga annually; bringing $750 MM in revenue. Attractions: The Tennessee Aquarium (1MM visitors a year) Rock City Ruby Falls Hunter Muesum of American Art Symphony & Opera Associtation The Tivoli Creative Discovery Muesum Chattanooga Zoo Nashville Knoxville Chickamauga Lake 135 miles Events: Riverbend Music Festival (attracts over 600,000 each year) Chattanooga 110 miles 120 miles Head of the Hooch Regatta (second largest rowing regatta in the US) Ironman Triathalon Three Sisters Bluegrass Festival 145 miles Atlanta Major Employers: Birmingham Company Product/Service Full-Time Employees BlueCross BlueShield of Tennessee Health Care Financing 4,899 Hamilton County Dept. of Education Elementary & Secondary Schools 4,508 Erlanger Health System Hospital 4,384 Tennessee Valley Authority Utility - Electric Service 3,786 Amazon.com Distribution Center 3,312 Unum Insurance 2,800 McKee Foods Corporation Manufacturing Cakes & Cookies 2,700 CHI Memorial Health Care 2,602 City of Chattanooga Goverment 2,250 Volkswagen Chattanooga Manufacturing Automobiles 2,177 Hamilton Place Office Space l 12 CONTACT INFORMATION DAVID F. DEVANEY, SIOR, CCIM [email protected] l (423)267-6549 NAI Charter 414 Vine Street Chattanooga, TN 37403 (423)267-6549 www.naicharter.com The information contained herein has been given to us by the owner or other sources we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All information should be verified by the Purchaser. Hamilton Place Office Space l 13.
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