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Multi-Tenant Warehouse with Dock Doors
For Sale
$8,350,000

418 W Lake Ave, Rossville, GA 30741

Multi-tenant NNN-leased warehouse offering dock-high and grade-level doors plus recent roof, lighting, and parking improvements.

Property Size122,174 SF
Price / SF$68.35
Days on Market99

Property Features for 418 W Lake Ave

General Information

Standard status Active
Size 122,174 SF
Total Parking Spaces 25
Property subtype Warehouse

Warehouse & Industrial

Dock-High Doors 13
Drive-In Doors 2

Additional Details

Cap Rate 7%

Amenities

100% LEASED TO TWO TENANTS ON NNN LEASES SMITH MILLWORKS OCCUPIES 80% OF THE PROJECT
3.0%-3.5% ANNUAL INCREASES RECENTLY RENOVATED WITH NEW OFFICES, CROSS DOCK ACCESS, PARTIAL ROOF REPLACEMENT AND MORE
BELOW MARKET LEASES APPROX. 6 MILES TO DOWNTOWN CHATTANOOGA, TN EFFICIENT ACCESS TO ATLANTA, KNOXVILLE, NASHVILLE, AND BIRMINGHAM

Building Details

Building Size 122,174 SF
Year Built 1967
Tenancy Multi
Listing Agency: Marcus & Millichap - San Diego
Listed By: Ben Tashakorian · License #License(s): CA: 01333884, NV: S.0198624
Source: Marcusmillichap
Added: Jun 5 Changed: Aug 8 Last Checked: Sep 10 at 5:41AM

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

418 W Lake Ave is a multi-tenant, NNN-leased warehouse building totaling 122,174 SF. The original construction was completed in phases between 1967 and 1969, with substantial capital improvements completed in recent years. Reported upgrades include approximately 40% roof replacement, new LED lighting, removal of legacy silos, and parking lot improvements such as new seal coating, restriping, and the addition of 25 parking spaces.

The property is located in Rossville, GA, within the Chattanooga, TN–GA MSA. It is less than six miles from Downtown Chattanooga and approximately eight miles from Chattanooga Metropolitan Airport, supporting regional connectivity across major Tennessee and Georgia markets.

For operators and investors, the facility includes thirteen dock-high doors and two grade-level doors, with a new grade-level door added to support cross drive-in access. The combination of dock and drive-in capabilities and the recent exterior and site improvements can support a range of warehouse and distribution needs, while maintaining a multi-tenant, NNN-leased structure.

Key Highlights

  • 122,174‑SF, multi‑tenant NNN‑leased warehouse building in Rossville, GA (Chattanooga, TN–GA MSA)
  • Originally built in phases between 1967 and 1969
  • Recent exterior and interior upgrades: approx. 40% roof replacement and new LED lighting

Property Analytics

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Current Use

TNT Parts Auto Parts Store Smith Millwork, INC. Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Dock-high doors
2
Drive-in doors
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby
Balanced
Demand for This Use

Demographics for 30741, GA

30,309
Population
14,083
Households
2.2
Avg Household Size
41
Median Age
19%
College-Educated
83%
High-School Grad
24.9 sq mi
ZIP Area
1,217
Density / Sq Mi
$52,117
Median Household Income
$33,691
Median Earnings
$965
Median Rent
$156,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Similar Off Market Nearby

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  • Lookout Self Storage 312 E Lake Ave, Rossville, GA 30741

Frequently Asked Questions

What type of property is this?
Warehouse - Multi-tenant NNN-leased warehouse offering dock-high and grade-level doors plus recent roof, lighting, and parking improvements.
Where is this warehouse located?
The property is located at 418 W Lake Ave Rossville, GA.
What is the asking price?
The asking price for this property is $8,350,000.
What are key features of this property?
This property features: 122,174‑SF, multi‑tenant NNN‑leased warehouse building in Rossville, GA (Chattanooga, TN–GA MSA); Originally built in phases between 1967 and 1969; Recent exterior and interior upgrades: approx. 40% roof replacement and new LED lighting
More about this property
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