3903 Volunteer Dr Chattanooga, TN 37416
For Lease
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Volunteer Business Park offers exceptional warehouse and flex space opportunities in Chattanooga, Tennessee. This prime industrial property boasts 58,195 total square feet across two single-story buildings situated on 3.72 paved acres. Building 1 provides flexible lease options in various sizes, while Building 2 features a 1,500 square foot office suite and a larger 3,400 square foot flex space, both available for lease. A significant 10,000 square foot flex space in Building 2 is also available for lease or sale at $3,000,000. This space includes ample rear parking and a fenced one-acre lot with expansion potential for an additional 5,000 square feet and two 48-inch dock doors. The property benefits from high visibility on Highway 153 (over 62,000 cars daily), an on-site billboard, three-phase power, and convenient interstate access. The 1,500 square foot office suite in Building 2 offers a large open rear room and prominent Volunteer Drive frontage. The property is zoned M-1 and features the APN 033129P A 00500P000. Lease rates are $8.72 per square foot per year, NNN, with operating expenses (CAM, taxes, and insurance) at $1.68 per square foot per year. This is an excellent opportunity for businesses seeking versatile and strategically located industrial space in the thriving Chattanooga market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.