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Vacant-User

W Lake Ave - Rossville

420 W Lake Ave, Rossville, GA 30741

Listing Price: $4,080,000

Gross SF
120,000
Price/Gross SF
$34.00
Lot Size
5.00 acres
Year Built
1990
Rentable SF
120,000

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.

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

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Vacant-User

W Lake Ave - Rossville

Listing Price: $4,080,000

Gross SF
120,000
Price/Gross SF
$34.00
Lot Size
5.00 acres
Year Built
1990
Rentable SF
120,000

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

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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