1129 S Chattanooga St - Warehouse FOR SALE


LaFayette, GA 30728
$1,800,000 USD
423-598-6968
1129 S Chattanooga St, LaFayette, GA for Sale
$1,800,000 USD
Warehouse - FOR SALE
1/51
null | 8% Cap Rate

1129 S Chattanooga St
LaFayette, GA 30728


HIGHLIGHTS

  • Fully occupied industrial manufacturing facility with long-term tenancy.
  • Absolute net lease structure minimizes landlord responsibilities.
  • Tenant has operated from the property for approximately 20 years.
  • Lease extends through November 30, 2034.
  • Located within an established Northwest Georgia manufacturing corridor.
  • Convenient access to Chattanooga and regional Southeast markets.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

UTILITIES

-

CLEAR CEILING HT

17 Ft

DOCKS

4

DRIVE INS

1

PARKING SPACES

50

LAND DETAILS

LAND ACRES

5.54

LAND SF

241,322

ZONING

I2

APN/PARCEL ID

1060-006

ASK ABOUT THIS PROPERTY

Baker TownsendSVN | Second Story Real Estate ManagementMore Info
423-598-6968

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Baker TownsendSVN | Second Story Real Estate ManagementMore Info
423-598-6968

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.