Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 10,656-square-foot industrial property in Cleveland, Tennessee. Currently leased to Sunbelt Rentals, a major North American equipment rental company, under a triple-net (NNN) lease with a corporate guarantee, this property offers significant financial stability. The lease commenced August 11, 2022, and extends until October 31, 2032, providing a remaining lease term of approximately 7.9 years. The property boasts a… strong 6.00% cap rate, generating a net operating income (NOI) of $127,308 annually. Rent increases are built-in at 3% annually, ensuring consistent cash flow growth. Situated on a spacious 3.37-acre lot, the property features a low building-to-lot coverage ratio of 7.25%, providing ample yard space. The building is currently undergoing a $1 million renovation, further enhancing its value. The property's strategic location on Inman Street E, with easy access to I-75 and other major highways, provides excellent connectivity to Chattanooga and the broader region. Cleveland's robust economic growth and construction activity create a favorable market for equipment rentals, supporting Sunbelt Rentals' continued success at this location. The tenant's substantial $1,000,000 capital contribution to the renovation underscores their long-term commitment to the property. The property's APN is 057D E 020.00 000. This is a rare opportunity to acquire a high-performing, net-leased industrial asset with a strong tenant and significant upside potential. The asking price is $2,121,800.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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