Vacant-User
W Lake Ave - Rossville
420 W Lake Ave, Rossville, GA 30741
Listing Price: $4,080,000
Investment Overview
Marcus & Millichap are pleased to exclusively represent that sale of a 120,000 sqft. industrial warehouse is located within the Walker County submarket of Chattanooga TN. Situated only blocks away from the Tennessee border, 418-420 W Lake Avenue sits just inside the Georgia state line in Rossville. With easy access to interstates 24, 75, and 59, the property offers a new owner close proximity to major southern markets such as Atlanta and Nashville. Strong demand for warehouse space in the Chattanooga MSA has pushed vacancy rates to 2.5% and double digit rent growth year-over-year. As a vacant facility, 418-420 W Lake Ave offers a new owner a great opportunity to own a significant footprint for operations near a growing market hub or offers an investor a high potential for capturing the market’s rent growth for warehouse space by placing a new tenant(s) in the facility.
W Lake Ave - Rossville
Investment Highlights
- 120,000 SF of Rentable Space. Can be used as single tenant or subdivided for multiple tenants.
- Clear heights of 24' and 13 dock spaces
- Located within 1/2 mile of Tennessee/Georgia state border this is a great opportunity to own a large footprint in the extremely low vacancy Chattanooga Market.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $4,080,000
Investment Highlights
- 120,000 SF of Rentable Space. Can be used as single tenant or subdivided for multiple tenants.
- Clear heights of 24' and 13 dock spaces
- Located within 1/2 mile of Tennessee/Georgia state border this is a great opportunity to own a large footprint in the extremely low vacancy Chattanooga Market.
Investment Overview
Marcus & Millichap are pleased to exclusively represent that sale of a 120,000 sqft. industrial warehouse is located within the Walker County submarket of Chattanooga TN. Situated only blocks away from the Tennessee border, 418-420 W Lake Avenue sits just inside the Georgia state line in Rossville. With easy access to interstates 24, 75, and 59, the property offers a new owner close proximity to major southern markets such as Atlanta and Nashville. Strong demand for warehouse space in the Chattanooga MSA has pushed vacancy rates to 2.5% and double digit rent growth year-over-year. As a vacant facility, 418-420 W Lake Ave offers a new owner a great opportunity to own a significant footprint for operations near a growing market hub or offers an investor a high potential for capturing the market’s rent growth for warehouse space by placing a new tenant(s) in the facility.
Exclusively Listed By
Broker of Record
Financing By
