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6130 Preservation Dr

42,185 SF Light Industrial Building Chattanooga, TN 37416 £3,599,270 (£85/SF)

Investment Highlights

  • 3 miles to Volkswagen Chattanooga (Manufacturing) and Amazon Distribution Center
  • Great visibility on Bonny Oaks Dr
  • 1 mile to Hwy 153 which is then 3 miles to I-75

Executive Summary

Zoned M-2 (Light Industrial): I-L (new proposed zoning based on Zoning Equivalency Table)
Large Warehouse with Great visibility on Bonny Oaks Drive and within one mile of Hwy 153 for quick access to interstate
2 buildings connected by 2 roll up doors (Approximately 10’ wide x 12 ‘ high)
Located 3 miles from Volkswagen Chattanooga – Perfect location for supplier
Electrical system includes 3-phase, 120/240 volt, 200-amp service with split panels.
Water and electric have one meter for both buildings.
Gas has two meters – one for each building.
Loading dock access on Building #1 but can also provide access to Building #2
Warehouses are insulated with 2 natural gas heaters in each warehouse
2 Executive offices with shower
Truck dock height ~ 3’10”

6116 - Building #1 25,200 SF (per tax record)
Constructed 1989
Building was originally built as Frost Cutlery office and warehouse.
office building in front and warehouse in back with covered loading dock.
Office is heated and cooled. Warehouse is heated with gas fired ceiling mounted heaters.
Restrooms in office and restrooms in warehouse
Approximately 25 parking spaces
Column spacing approximately 37’ wide X 25’ deep
Ceilings in warehouse are exposed steel with insulation at 26 feet at the peak.

6130 - Building #2 16,731 SF (per tax record)
Constructed 1995
Built by Frost Cutlery as an addition to their warehouse
Roll up door at grade for access to building #2
Two separate office areas (with separate entry doors) on front of building.
Currently left side office suite is vacant. Right side office suite is owner occupied.
Office is heated and cooled. W Warehouse is heated with gas fired ceiling mounted heaters.
Restrooms in office and restrooms in warehouse.
One known active leak in left side office area.
Entire structure is full roof height but a drop ceiling has been installed over office areas.
Approximately 20 parking spaces.
Column spacing approximately 25’
Ceilings in warehouse are exposed steel with insulation at 26 feet at the peak.
Buyer to perform due diligence to confirm all specifications.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £3,599,270
Price Per SF £85
Sale Type Owner User
Sale Conditions Tenants option to buy property
Property Type Light Industrial
Property Subtype Light Distribution
Building Class B
Lot Size 2.53 AC
Rentable Building Area 42,185 SF
Number of Floors 1
Year Built/Renovated 1989/1993
Parking Ratio 0.64/1,000 SF
Clear Ceiling Height 26 ft
No. Dock-High Doors/Loading 1
Level Access Doors 2

Amenities

  • Storage Space
  • Fiber Optic Internet

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
129K-B-034
Land Assessment
£0 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£580,046 (2023)
Annual Taxes
-£42,185 (-£1.00/sf)
Tax Year
2024

zoning

Zoning Code M1 (Light Industrial)
M1 (Light Industrial)
  • Listing ID: 33908957

  • Date on Market: 18/11/2024

  • Last Updated:

  • Address: 6130 Preservation Dr, Chattanooga, TN 37416

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