Downtown / Innovation District Retail Space for Rent
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Renting Retail Space in Downtown / Innovation District
Anchored by the nation’s first citywide gigabit network, Chattanooga’s Innovation District is a 140-acre node designed to foster startups and tech-oriented businesses. In early 2026, the district is seeing a "flight to quality" in the office sector, where Class A vacancy rates have dipped below 4% as companies seek amenity-rich environments near the Tennessee River and the newly renovated Walnut Street Bridge. Notable projects, such as the $73 million preservation and expansion of the historic Tivoli Theatre into a state-of-the-art performing arts center, are further enhancing the district’s appeal to professional services and hospitality investors. (Source: Chattanooga Chamber of Commerce / Pointe Commercial Real Estate)
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Suite Rates in Downtown / Innovation District
Suite Sizes in Downtown / Innovation District
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
|---|---|---|---|
| Downtown / Innovation District | 2,000 | $1.89 / SF | 67 |
| Enterprise South / I-75 Corridor | 2,000 | $1.89 / SF | 57 |
| Hixson / North River | 2,000 | $2.01 / SF | 56 |
| Northshore | 2,100 | $1.82 / SF | 47 |
| Southside / Stadium District | 2,200 | $2.02 / SF | 43 |
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.