1409 E 51st St
Dual-suite industrial warehouse at 1409 E 51st St, Chattanooga, Tennessee, offered at $850,000 at a 6.00% cap. The 4,800 SF Class B property is fully leased to a single tenant through August 31, 2030, generating $6,100 monthly plus utilities with 3% annual base-rent increases, providing stabilized income for investors or an operational facility for owner-users.
Built in 2023, the single-story building comprises two identical 2,400 SF suites, each with 20-foot ceilings, a 16' × 16' insulated dock door, 6-inch reinforced concrete floors, 3-phase 200-amp electrical service, and air-conditioned office areas. Suite 103 includes two offices, bathroom, kitchen with new appliances, janitor's closet, and heated warehouse space; Suite 105 offers one office, bathroom, kitchen with new appliances, janitor's closet, and similarly heated warehouse space. Each suite is separately metered for water, gas, and electricity, with 10 shared parking spaces on the 0.4-acre M1-zoned parcel.
Located on Chattanooga's Southside industrial corridor, the property sits minutes from Interstate 24, Downtown Chattanooga, and major regional transportation and logistics networks. The trade area includes airport, rail, and freight port access, plus bus lines and public transportation, making it well-suited for contractors, distributors, service businesses, and logistics operators.
- Fully leased through August 31, 2030 with 3% annual rent increases
- Two identical 2,400 SF suites, each with dock door and 20-foot ceilings
- Built 2023; separately metered utilities per suite
- Strong logistics connectivity: I-24, airport, rail, and freight port access
- M1 zoning; suitable for owner-user or investor
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Strategically located at 1409 E 51st St in Chattanooga, Tennessee, this versatile industrial property offers excellent access to Downtown Chattanooga, Interstate 24, and major regional transportation and logistics networks. The facility consists of two 2,400-square-foot suites, each featuring 20-foot ceilings, an insulated 16' x 16' dock door, air-conditioned office areas, durable 6-inch reinforced concrete floors, and 3-phase 200-amp electrical service. Suite 103 includes two offices, a bathroom, kitchen with new appliances, janitor’s closet, and warehouse space equipped with a commercial-grade gas heater, while Suite 105 offers one office, a bathroom, kitchen with new appliances, janitor’s closet, and similarly heated warehouse space. Each suite is separately metered for water, gas, and electricity, with 10 shared parking spaces available. Located within Chattanooga’s established Southside industrial and commercial corridor, the property provides convenient access to major employers, workforce populations, consumer markets, and regional logistics hubs, making it suitable for contractors, distributors, service businesses, owner-users, and investors. Both suites are currently leased to a single tenant through August 31, 2030, generating $6,100 per month plus utilities, with 3% annual base-rent increases. The combination of established tenancy, functional industrial improvements, strong connectivity, and a growing Chattanooga market provides an opportunity for investors seeking stabilized income as well as businesses requiring a strategically positioned operational facility.
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