5715 Uptain Rd - Light Distribution FOR SALE


Chattanooga, TN 37411- Brainerd
$6,600,000 USD
678-779-8741
5715 Uptain Rd, Chattanooga, TN for Sale
$6,600,000 USD
Light Distribution - FOR SALE
1/21
null | 8.73% Cap Rate

5715 Uptain Rd
Chattanooga, TN 37411
Brainerd


HIGHLIGHTS

  • AA+ Anchor Tenant (City of Chattanooga): Durable cash flow from government lease with federal funding growth and mission-critical use.
  • Immediate Mark-to-Market Upside: 46% of the rent roll is ~26% below market, embedding NOI growth on roll.
  • High Occupancy, Diversified Tenancy: 95% leased to municipal, healthcare, nonprofit, and distribution users.
  • Short WALT enables repricing opportunity: 2.3 years enables accelerated value-add via market renewals/re-tenanting.
  • Limited Supply Submarket: Sub-3% flex & office vacancy, no new supply; drives sustained rent growth.
  • Functional Flex Asset: ~15’ ceilings, dock/drive in doors, ample parking, heavy power for broad tenants.

OVERVIEW

Newmark, as exclusive advisor, is pleased to present 5715 Uptain Road, a 95% leased, 55,506 SF office/flex asset in Chattanooga, Tennessee, anchored by the City of Chattanooga (AA+ credit) occupying 41% of the building for mission-critical, federally supported operations. The remaining tenancy is well diversified across healthcare, nonprofit, healthcare logistics, and distribution users, providing stable and resilient cash flow. Offered at $6.6 million, the property generates an 8.75% cap rate on 2026 projected NOI of $575,904. Approximately 46% of in-place rents are ~26% below market, and the 2,500 SF built-out maintenance shop vacancy offers immediate lease-up and premium rent potential. A 2.3-year WALT enables near-term mark-to-market upside through lease roll and absorption. Situated in a sub-3% vacancy flex & office market with limited new supply, 5715 Uptain Road presents a compelling combination of government-backed income, strong yield, and value-add upside in a top-performing Southeast Tennessee submarket.

FOR SALE DETAILS

PRICE

$6,600,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

8.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6200 Building

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

14.833333333333334 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

166

LAND DETAILS

LAND ACRES

3.44

LAND SF

149,846

ZONING

C2

APN/PARCEL ID

157M-A-011

ASK ABOUT THIS PROPERTY

Collin BeVierNewmarkMore Info
678-779-8741

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Collin BeVierNewmarkMore Info
678-779-8741

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