New Industrial Building For
3907 Caine Lane, Chattanooga, TN 37421
4,200 SF industrial building with office space. Delivery February 2026.
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 3907 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
- Fully Leased with Long‑Term Tenant: Secure investment with a tenant in place for 5 years at $19 per SF per year, providing immediate income.
- Strategic Location: Excellent access to Hwy 153, I‑75, and I‑24, plus proximity to Chattanooga Metropolitan Airport (Lovell Field) for superior connectivity.
- Brand New Construction (Delivery February 2026): Modern, efficient industrial building minimizing maintenance and maximizing appeal.
- Functional Space: Includes ±550 SF of finished office space, break room, restroom, janitor’s closet, and fully conditioned warehouse space.
- High‑Quality Features: 14’ x 14’ drive‑in door, 20’ warehouse ceiling height (16’ at eaves), reinforced concrete floors, and gas heat.
- Ample Parking: 5 dedicated parking spaces.
Overview
This 4,200 SF industrial building, slated for delivery in February 2026, is fully leased and presents an opportunity for new ownership. The property includes approximately 550 SF of finished office space, a break room, a restroom, and a janitor’s closet, along with fully conditioned warehouse space and gas heat. The warehouse features 20’ ceilings (16’ at eaves) and a 14’ x 14’ drive-in door. The floors are constructed of 6.5” reinforced concrete. The office area has 8’ ceilings. The building is fully conditioned with HVAC and gas heat and includes a mop sink and utility area. There are 5 dedicated parking spaces. Located on Caine Ln in Chattanooga, the property offers access and visibility, being 2–3 minutes from Hwy 153, which connects to I-75 and I-24. It is also less than 5 minutes from Chattanooga Metropolitan Airport (Lovell Field). Traffic counts near the site show Shallowford Rd at 27,463 vehicles/day and Airport Rd at 4,990 vehicles/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
- -85.216325
- Latitude
- 35.053306
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 4,200 SF industrial building with office space. Delivery February 2026.
Where is this flex space located?
The property is located at 3907 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: Fully Leased with Long‑Term Tenant: Secure investment with a tenant in place for 5 years at $19 per SF per year, providing immediate income.; Strategic Location: Excellent access to Hwy 153, I‑75, and I‑24, plus proximity to Chattanooga Metropolitan Airport (Lovell Field) for superior connectivity.; Brand New Construction (Delivery February 2026): Modern, efficient industrial building minimizing maintenance and maximizing appeal.
