For Sale
$1,500,000

2000 Chestnut StChattanooga, TN 37408

12,438 SF Warehouse, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 12,438-square-foot industrial property, located at 2000 Chestnut Street in Chattanooga, Tennessee, presents a compelling investment opportunity. Situated on a 0.49-acre lot in Hamilton County (zip code 37408), this light industrially zoned warehouse boasts a prime location across from Finley Stadium and the Chattanooga Market, offering excellent visibility and accessibility. The building currently houses Associated Equipment, an HVAC wholesaler, who are willing to lease back the property on a triple net (NNN) basis at fair market value for at least 12 months. This provides a built-in income stream for the new owner. The warehouse features two loading docks and two drive-in doors with manual roll-up doors, facilitating efficient loading and unloading operations. The asking price for this single-tenant property is $1,500,000. Its strategic location provides easy access to Interstates 24 and 75, enhancing its logistical advantages and appeal to a wide range of potential tenants or owner-occupiers. This property is ideal for investors seeking a strong return on investment or businesses looking for a well-equipped space in a thriving Chattanooga location. The property is classified as both industrial and office use.

Highlights

  • 12,438 SF industrial warehouse on a 0.49-acre lot in Chattanooga, TN (37408).
  • Prime location across from Finley Stadium and Chattanooga Market, offering excellent visibility and accessibility.
  • Currently leased to an HVAC wholesaler on a NNN lease for at least 12 months, providing immediate income.
  • Features two loading docks and two drive-in doors.
  • Asking price: $1,500,000.
  • Easy access to Interstates 24 and 75.

Property Details for 2000 Chestnut St

Property type
Warehouses, Office properties
Square Feet
12,438 SF
Lot Size (sq. ft)
21,344 SF

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.033761
Longitude
-85.3154557
2000 Chestnut St, Chattanooga, Tennessee

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2000 Chestnut St
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