Absolute Net-Leased Industrial
7463 Bonnyshire Drive Chattanooga, TN 37416
New
7463 Bonnyshire Drive, Chattanooga, TN, 37416
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For Sale
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Industrial distribution facility in Chattanooga is fully occupied under an absolute net lease by Yangfeng USA.
Property Size231,625 SF
Price / SF$73.39
Days on Market5
Property Features for 7463 Bonnyshire Drive
General Information
- Standard status
- Active
- Size
- 231,625 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1998
Listing Agency
NAI Charter Real Estate
(423) 267-6549
Listed by
Jeff Jennings · License #TN 295488
Source
Crexi
Added: Jul 13 Checked: Jul 16 at 4:23 am
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 NAI Charter Real Estate
Investment Insights
Based on property information with market context.
7463 Bonnyshire Drive is a fully occupied industrial distribution facility offered for sale with an absolute net lease structure. The property is currently leased to Yangfeng USA, an automotive supplier focused on vehicle interior systems. The tenant has been operating for decades within a global manufacturing and engineering footprint.
The facility is positioned immediately off Bonny Oaks Drive and provides access to major transportation corridors, including Interstate 75. It is also located near Enterprise South Industrial Park and Chattanooga Metropolitan Airport, supporting regional and national distribution needs.
With the lease structure in place and a single operating tenant, the asset is presented as a hands-off industrial investment supported by long-term occupancy.
The facility is positioned immediately off Bonny Oaks Drive and provides access to major transportation corridors, including Interstate 75. It is also located near Enterprise South Industrial Park and Chattanooga Metropolitan Airport, supporting regional and national distribution needs.
With the lease structure in place and a single operating tenant, the asset is presented as a hands-off industrial investment supported by long-term occupancy.
Key Highlights
- 1998‑built industrial distribution facility in Chattanooga, TN, fully occupied by Yangfeng USA under an absolute net lease.
- Over 231,000 SF industrial asset leased to Yangfeng USA, an automotive supplier for vehicle interior systems.
- 6.63% CAP rate noted for the absolute net‑leased industrial asset.
Local Financial Insights For Warehouse
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 | $1.72M | $7.44 |
| − Vacancy | −$60.3k | −$0.26 |
| EGI | $1.66M | $7.18 |
| − OpEx | −$249.4k | −$1.08 |
| NOI | $1.41M | $6.10 |
231,625 SF · lease $7.44/SF/yr · vacancy 3.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$20.19M
$17.67M – $23.56M
NOI $1,413,529 @ 7.0% cap · market cap 8.31%
Second Best
Industrial
$16.63M
$14.55M – $19.40M
NOI $1,164,082 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$51.16M
$44.76M – $59.68M
NOI $3,580,885 @ 7.0% cap · market cap 21.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Yanfeng Chattanooga
Corporate Office
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Industrial distribution facility in Chattanooga is fully occupied under an absolute net lease by Yangfeng USA.
Where is this manufacturing property located?
The property is located at 7463 Bonnyshire Drive Chattanooga, TN.
What is the asking price?
The asking price for this property is $17,000,000.
What are key features of this property?
This property features: 1998‑built industrial distribution facility in Chattanooga, TN, fully occupied by Yangfeng USA under an absolute net lease.; Over 231,000 SF industrial asset leased to Yangfeng USA, an automotive supplier for vehicle interior systems.; 6.63% CAP rate noted for the absolute net‑leased industrial asset.
