50,000SF Industrial Building Near I-24

Industrial for Sale
Catylist Listing ID: 30184280
Property Subtypes: Food Processing, Manufacturing, Light Industrial, Self Storage, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 50,000 SF
Gross Building Area: See Agent
Gross Land Area: 5.13 Acres
Sale Price: $2,400,000
Unit Price: $48 PSF
Ceiling: 25 ft. / 20 ft. Clear
Docks/Doors: 9 Docks, 9 Doors
Office SF: 5,000 SF
Drive In Bays: 1 Bay
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/8/2020

Overview / Comments

Well-maintained industrial building which was formerly leased to Google. All 50,000SF is fully conditioned. There are 5 docks and 1 drive in door servicing one end of the building. There are 4 docks servicing the other end. Ceiling height is 20 feet at the eaves and 25 feet in the center. The building has 1,600 amps of 3 phase power. There is 5,000SF of office area with various offices, break room and conference room. The site is level and there is additional acreage for expansion.

Additional Details

Nearest MSA: Chattanooga
County: Marion
Taxing Authority: Marion County
Tax ID/APN: 142 081.00
Property Located Between: Property is located 2 miles off of I-24 and one block off of Highway 72.
Highway Access: Excellent access with red light .
Area Description: Adjacent to newly expanded Lodge manufacturing.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1993
Year Renovated: 2012
Construction/Siding: Block, Metal Siding
Parking Type: Surface
Parking Description: Parking in front of office building and on both ends of building.
Eave Height: 20
Column Spacing: 50 Feet
Sprinklers: Wet
Amps: 1,600
Volts: 480
X-Phase: 3-Phase
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Air Curtain
Lighting: Fluorescent
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,503 11,211
Median Age: 43.52 43.05
Households: 2,253 4,661


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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