New Cleveland Warehouse Space

Industrial for Sale
Catylist Listing ID: 30628254
Property Subtypes: Cold Storage, Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Truck Terminal, Warehouse/Distribution, Other
Building Status: Under Construction
Building Size (RSF): 44,000 SF
Gross Land Area: 2.84 Acres
Sale Price: $2,816,000
Unit Price: $64 PSF
Ceiling: 24 ft. Clear
Docks/Doors: 4 Docks
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Usable Size (USF): 44,000 SF
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 9/28/2020

Overview / Comments

Build to suit 44,000 sq ft warehouse. Divisible down to 22,000 sq ft. Minimum clear height of 24' up to 32'. Four dock doors and one drive-in door.

Construction to begin August 2020, with delivery January 2021. Office space built out as a build to suit for all proposed tenants.

Divisible down to 22,000 sq ft.

Attachments & Media

Additional Details

Nearest MSA: Cleveland
County: Bradley
Taxing Authority: City of Cleveland
Tax ID/APN: 050 028.00
Zoning: LIGHT INDUSTRIAL
Highway Access: Two minutes to APD 40 and less than 15 minutes to Interstate 75.
Airports: Cleveland Regional Airport & Chattanooga Airport
Site Description: Good location at the corner of Michigan Avenue and Minnis Road. Michigan Road is being widened to a 3 lane road in 2021.
Area Description: Property is well located in the northeast industrial area of Cleveland. Site is less than one mile to Whirlpool and less than 10 minutes to other industrial users such as Georgia Pacific, Eaton Corp, Cormetech, Duracell, Coca-Cola, and Peytons.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2020
Roof Type: Arched
Construction/Siding: Metal Siding
Parking Ratio: 1.6 (per 1000 SF)
Parking Type: Surface
Parking Description: 26 spaces with room for Truck/Trailer parking.
Total Parking Spaces: 28
Sprinklers: Wet
Zoning Description: Light Industrial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,406 33,019 68,213
Median Age: 34.24 34.93 37.02
Households: 1,962 12,547 26,242

Contact

Photograph of Listing Agent

Josh Fox

Hudson Commercial, LLC Greater Chattanooga REALTORS® Member
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