Brand New Industrial Building For Sale in Chattanooga — Sale in Chattanooga, TN

  • Price: $910K
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Chattanooga, TN 37407
  • Size: 4,800 SF
  • Year built: 2023

Investment Figures

Cap rate
6.20%
Price per square foot
$190
Price per unit
$455,000 across 2 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Introducing an industrial facility with easy access to I-24 and downtown Chattanooga! This property offers 2 spacious suites, each comprised of 2400 SF of floorspace and 20’ tall ceilings. Each side contains a warehouse with fully-insulated 16’ x 16’ dock doors, air-conditioned office spaces, and durable 6-inch thick reinforced concrete floors. Built to accommodate a wide range of uses, each suite also offers 3-phase 200-amp power. This is an ideal opportunity for an owner/user who would like to earn passive income while utilizing the other suite for their own business needs. It would also make a great investment for a landlord who wanted to lease out both sides to maximize lease income. For Lease: Suite 103 offers 2 offices, 1 bathroom, a kitchen with new appliances, a janitor’s closet and a warehouse space that has a large commercial-grade gas heater. For Lease: Suite 105 has 1 office, 1 bathroom, a kitchen with new appliances, a janitor’s closet and warehouse space that has a large commercial-grade gas heater. They are metered individually for water, gas and power. 10 parking spots are available to share between both suites. Both sides are now leased to a single tenant until August 31st, 2030. The tenant pays $6,100/month + utilities. The base rent increases 3% each year. Building SF: 4800 | Land Size: 0.33 Ac | Year Built: 2023 | Listing Type: FOR SALE

Market Context

This industrial in Chattanooga, TN is listed for sale at $910,000 across 4,800 SF ($190/SF). It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 2023. It has been on the market for 70 days. Compare it against other industrial listings for sale in Chattanooga, TN — view the full market.

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