Property summary
This exceptional industrial property, located in Lookout Valley's desirable submarket, offers 96,000 square feet of manufacturing and warehouse space, divisible to 45,000 square feet. Situated on five acres, this Class B property boasts two single-story buildings, each measuring 48,000 square feet, connected by interior access. The buildings feature 22-foot ceiling heights, seven dock-high doors, and three drive-in doors, providing ample access for loading and unloading. Ample parking and lay-down areas are available. The property benefits from significant electrical capacity, including 2000 Amp, 480v 3-Phase and 2500 Amp, 240v, 3-Phase power in Building I and 2500 Amp, 480v 3-Phase power in Building II, along with substantial buss duct distribution. A 2-inch natural gas line services the property. The buildings are fully sprinklered. Conveniently located just west of Downtown Chattanooga off Cummings Highway, near I-24, this property offers significant advantages, including lower operating expenses due to zero stormwater fees. The Cummings Highway railroad underpass, while posted at 10'4", actually measures 14'7" above the white line and 17'5" above the yellow center line. The property is zoned M-2. Each building's bays are 50'x40', except for 20' wide end bays. The interior wall separating the buildings is easily removable, allowing for a combined 96,000 square feet of contiguous space.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Warehouse & Storage
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M2 · Chattanooga, TNZoning
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