55 Workman Rd - Warehouse FOR SALE


Chattanooga, TN 37410- Piney Woods
$6,800,000 USD
865-584-2000
55 Workman Rd, Chattanooga, TN for Sale
$6,800,000 USD
Warehouse - FOR SALE
1/7
null | 7% Cap Rate

55 Workman Rd
Chattanooga, TN 37410
Piney Woods


OVERVIEW

Property Information ±65,529 SF with lay down yard 4.23 Acres $6,800,000 7% CAP Rate Primary Tenant Lease through 2030 with two 5-year options and 3% rent escalations; Basement Sublease through 2026 I-H Zoning Located in an established industrial park within 2 miles of US-27 and within 4 miles of I-24 Steel building with clear height ranging from 16-24’ Loading: 4 dock-high doors, 2 grade level doors 85 parking spaces Traffic Count: 111,563 I-24; 28,579 US-27

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

B&F Auto Sales and Parts

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

18 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

70

LAND DETAILS

LAND ACRES

3.6

LAND SF

156,816

ZONING

M1

APN/PARCEL ID

167C-R-002

ASK ABOUT THIS PROPERTY

Oliver SmithOliver Smith Realty & Development CompanyMore Info
865-584-2000

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Oliver SmithOliver Smith Realty & Development CompanyMore Info
865-584-2000

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