1129 S Chattanooga St presents an opportunity to acquire a fully occupied industrial manufacturing facility in LaFayette, Georgia. The property consists of approximately 40,000 square feet situated on approximately 5.54 acres and is occupied by Dixie Dye & Chemical, Inc. under a 10-year absolute net lease structure. The offering is marketed at $1,800,000 with reported annual net operating income of $144,000 and an indicated 8% capitalization rate.
The tenant has operated from the location for approximately 20 years and manufactures industrial dyes and colorants used in applications including textiles and plastics. The lease structure places responsibility for property taxes, insurance, maintenance, roof repairs, and structural repairs on the tenant, resulting in minimal landlord obligations. The lease extends through November 30, 2034 and includes two five-year renewal options.
Located in Walker County, LaFayette benefits from a long-established manufacturing base and access to a skilled industrial workforce. The property is positioned approximately 30 minutes south of Chattanooga, Tennessee and roughly 90 minutes from Atlanta, Georgia, providing connectivity to major regional transportation networks, labor pools, suppliers, and distribution channels. The area's concentration of manufacturing activity, combined with continued workforce development initiatives, supports industrial users and long-term operational viability.
This offering combines stabilized occupancy, long-term lease security, tenant responsibility for operating expenses, and strategic access to major Southeast markets, making it a compelling opportunity for investors seeking income-producing industrial real estate.