5001 Covington St - Warehouse FOR SALE


Chattanooga, TN 37407- South Chattanooga
$4,200,000 USD
423-838-3600
5001 Covington St, Chattanooga, TN for Sale
$4,200,000 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

5001 Covington St
Chattanooga, TN 37407
South Chattanooga


OVERVIEW

Multi-Tenant Warehouse / Light Industrial Property with 60,000 SF across 4 buildings on 2.5 Acres. Located 2 blocks West of Rossville Blvd, in Stateline District. Easy Access to I-24. Convenient to Atlanta, GA; Nashville & Knoxville, TN; Huntsville & Birmingham, AL. Fully sprinkled: Updated and inspected December 2022. 34 kW solar array, installed in 2022, offsets electric power expense. Building 1: 23,300 SF +/- Warehouse, 2,300 SF +/- Office Post and beam architecture with 800 linear feet of north-facing clear story windows 2 dock doors, 1 drive-in door Building 2: 9,700 SF +/- Warehouse, 2,000 SF +/- Office Wide column spacing with only 4 posts down the center of the building LED overhead lighting; new exhaust fans (installed 2021) 1 dock door, 2 drive-in doors Building 3: 8,850 SF +/- Warehouse, 1,550 SF +/- Office, 2,400 SF +/- climate controlled “annex” with restrooms and shop space LED overhead lighting (installed 2021) 2 dock doors, 3 drive-in doors Building 4: 9,800 SF +/- Warehouse Clear span, 2 restrooms and 1 office LED overhead lighting; new exhaust fans and gas heater (installed 2021) 2 drive-in doors

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Warehouse Investment

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1928

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

5

DRIVE INS

8

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.5

LAND SF

108,900

ZONING

M-1

APN/PARCEL ID

168P-G-020

ASK ABOUT THIS PROPERTY

Benjamin PittsHerman Walldorf Commercial, Inc.More Info
423-838-3600

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

Benjamin PittsHerman Walldorf Commercial, Inc.More Info
423-838-3600

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