New Industrial Building For
3906 Caine Lane, Chattanooga, TN 37421
New 4,200 SF industrial building with office space.
Type:IND, IND-FLEX
Property size:
4,200 SFPrice / SF:
$215/SF- Added:
- Oct 30, 2025
- Days on Market:
- 214
- Last Refresh:
- Apr 3 at 4:56 am
Property Features for 3906 Caine Lane
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Property subtype
- IND, IND-FLEX
Building Details
- Year Built
- 2026
Listing agent Robert Fisher License #285342, Tennessee (423) 667-8634
Listing office The Robert Fisher Team (423) 667-8634
Listing date Oct 30, 2025
Source Realnex
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 The Robert Fisher Team
HighLights
- Excellent Location: Just 2‑3 minutes from Hwy 153 and less than 5 minutes from Chattanooga Metropolitan Airport.
- New Construction: Brand new 4,200 SF industrial building, completion February 2026.
- Functional Space: Includes ±550 SF of finished office space, break room, restroom, janitor’s closet, and fully conditioned warehouse space.
- High Visibility: Located on Caine Ln with strong traffic counts nearby.
- Warehouse Features: Benefit from a 20’ warehouse ceiling height (16’ at eaves) and a 14’ x 14’ drive‑in door.
- Parking: Includes 5 dedicated parking spaces.
Overview
A new 4,200 SF industrial building, slated for delivery in February 2026, presents an opportunity for owner-occupiers or investors. The property features approximately 550 SF of finished office space with 8’ ceilings, a break room, restroom, and janitor’s closet. The warehouse area is fully conditioned with HVAC and gas heat, and includes 20’ ceilings (16’ at eaves) and 6.5” reinforced concrete floors. A 14’ x 14’ drive-in door provides access to the warehouse. The property also includes a mop sink and utility area, along with 5 dedicated parking spaces. Located on Caine Ln in Chattanooga, the site offers access and visibility, being 2–3 minutes from Hwy 153, a logistics corridor connecting to I-75 and I-24. It is also less than 5 minutes from Chattanooga Metropolitan Airport (Lovell Field). Traffic counts near Shallowford Rd are at 27,463 vehicles per day and Airport Rd at 4,990 vehicles per day.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.6k | $18.00 |
| − Vacancy | −$11.3k | −$2.70 |
| EGI | $64.3k | $15.30 |
| − OpEx | −$16.1k | −$3.82 |
| NOI | $48.2k | $11.48 |
4,200 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$688.5K
$602.4K – $803.3K
NOI $48,195 @ 7.0% cap · market cap 5.33%
Second Best
Flex RnD
$565.8K
$495.1K – $660.1K
NOI $39,607 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$927.6K
$811.6K – $1.08M
NOI $64,931 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.214235
- Latitude
- 35.052775
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - New 4,200 SF industrial building with office space.
Where is this flex space located?
The property is located at 3906 Caine Lane Chattanooga, TN.
What is the asking price?
The asking price for this property is $905,000.
What are key features of this property?
This property features: Excellent Location: Just 2‑3 minutes from Hwy 153 and less than 5 minutes from Chattanooga Metropolitan Airport.; New Construction: Brand new 4,200 SF industrial building, completion February 2026.; Functional Space: Includes ±550 SF of finished office space, break room, restroom, janitor’s closet, and fully conditioned warehouse space.
