4,800 SF Class A Industrial | 100% Leased NNN Investment
100% Leased | Absolute NNN | 3% Annual Rent Increases Through 2030
Marketing description
Excellent opportunity to acquire a newly constructed Class A industrial warehouse investment with 100% occupancy and long-term income in a highly accessible Chattanooga location with convenient access to I-24 and downtown Chattanooga.
Built in 2023, this 4,800 SF industrial facility sits on 0.33 acres and consists of two 2,400 SF suites, currently combined and leased to a single expanding tenant through August 31, 2030.
Designed for durability and operational efficiency, each suite features:
- 20’ clear ceiling heights
- Fully insulated 16’ x 16’ dock-high doors
- 6-inch reinforced concrete floors
- 3-phase, 200-amp power
- air-conditioned office space
- kitchen with new appliances
- private restroom
- janitorial closet
- commercial-grade gas warehouse heater
The suites were originally configured as separate units, offering exceptional flexibility for future use as either a single-tenant industrial asset or a multi-tenant investment property.
The current tenant has expanded into both suites by opening the demising wall, allowing the building to function as one contiguous operational space. In addition, the side yard is included in a separate 5-year lease and is currently utilized as a drop yard / outdoor storage area, adding further utility and value to the investment.
The property is separately metered for water, gas, and electric, and includes 10 shared parking spaces.
Current lease terms include:
- $6,100/month base rent + utilities
- Absolute NNN lease structure
- 3% annual rent increases
- lease expiration: August 31, 2030
- lease commencement: September 1, 2025
This asset is ideal for an investor seeking stable passive income with built-in rent growth, while also preserving future flexibility for owner-user occupancy or multi-tenant leasing.
Investment highlights
- 100% leased Class A industrial asset
- Long-term tenant in place through 2030
- 3% annual contractual rent escalations
- Absolute NNN lease
- new construction (2023)
- single tenant currently occupying both suites
- side yard / drop yard lease included
- excellent access to I-24 and downtown Chattanooga
- future flexibility for single or multi-tenant use
- strong owner-user reposition potential
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