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2000 Chestnut St

12,438 SF Light Industrial Building Chattanooga, TN 37408 £1,181,550 (£95/SF)

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Executive Summary

Development opportunity across from Finley Stadium and Chattanooga Market on 0.49 acres. Existing 12,438 sf warehouse currently owner/tenant Associated Equipment (HVAC wholesaler). 2 loading docks and 2 drive in doors with manual roll up doors. Owner would like to remain in property for at least 12 mos and pay NNN FMV lease rate to new owner. Easy access to Interstate 24 and I-75.

Property Facts Under Contract

Price	£1,181,550	Rentable Building Area	12,438 SF
Price Per SF	£95	Number of Floors	1
Sale Type	Investment or Owner User	Year Built	1950
Property Type	Light Industrial	Tenancy	Single
Property Subtype	Light Distribution General Retail Storefront Retail/Residential	Parking Ratio	0.64/1,000 SF
Building Class	C	Level Access Doors	2
Lot Size	0.51 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£1,181,550
Price Per SF	£95
Sale Type	Investment or Owner User
Property Type	Light Industrial
Property Subtype	Light Distribution General Retail Storefront Retail/Residential
Building Class	C
Lot Size	0.51 AC
Rentable Building Area	12,438 SF
Number of Floors	1
Year Built	1950
Tenancy	Single
Parking Ratio	0.64/1,000 SF
Level Access Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.