Two-Building Flex
New
For Sale
$1,675,000
3906-3907 Caine Lane, Chattanooga, TN 37421
Each facility contains approximately 4,200 square feet and is available for separate acquisition.
Property Size8,400 SF
Price / SF$199.40
Days on Market3
Property Features for 3906-3907 Caine Lane
General Information
Standard status
Active
Size
8,400 SF
Property subtype
Industrial - Flex - Industrial
Building Details
Building Size
8,400 SF
Year Built
2026
Buildings
2
Units
2
Listing Agency:
SVN | Second Story Real Estate Management
Listed By:
Baker Townsend · License ##434008
(423) 598-6968
Source:
Commercialcafe
Added: Oct 19
Last Checked: Oct 20 at 5:37PM
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 SVN | Second Story Real Estate Management
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this flex property comprises two independent facilities at 3906-3907 Caine Lane in Chattanooga. The buildings total approximately 8,400 square feet, with roughly 4,200 square feet in each. They may be acquired as a pair or individually.
The property is situated in the East Brainerd/Shallowford corridor.
The property is situated in the East Brainerd/Shallowford corridor.
Key Highlights
- Two standalone flex buildings totaling approximately 8,400 SF
- Each building contains approximately 4,200 SF
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,214
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,584,280
$1.6M
Cap Rate 7%
$1,131,629
$1.1M
Cap Rate 9%
$880,156
$880.2K
Market Conditions
NOI Build-Up for 8,400 SF
Gross rent
$131.0K $15.60/SF
− Vacancy
−$9.2K −$1.09/SF
EGI
$121.9K $14.51/SF
− OpEx
−$42.7K −$5.08/SF
NOI
$79.2K $9.43/SF
Area
Chattanooga, TN
Vacancy
7.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,584,280
Cap Rate 7%
$1,131,629
Cap Rate 9%
$880,156
Alternative Uses
Best Use
Flex RnD
$1.13M
$990.2K – $1.32M
NOI $79,214 @ 7.0% cap · market cap 4.73%
Second Best
Industrial
$603.1K
$527.7K – $703.6K
NOI $42,216 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$1.86M
$1.62M – $2.16M
NOI $129,863 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37421, TN
51,686
Population
23,978
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
92%
High-School Grad
31.7 sq mi
ZIP Area
1,630
Density / Sq Mi
$79,958
Median Household Income
$44,452
Median Earnings
$1,313
Median Rent
$299,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Each facility contains approximately 4,200 square feet and is available for separate acquisition.
Where is this flex space located?
The property is located at 3906-3907 Caine Lane Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Two standalone flex buildings totaling approximately 8,400 SF; Each building contains approximately 4,200 SF; Built in 2026
