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110 W 34th St 40,000 SF Industrial Building Chattanooga, TN 37410 $4,100,820 CAD ($102.52 CAD/SF)

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Executive Summary

This 4.6 acre heavy Industrial zoned property offers a rare opportunity for both long-term investment and owner-user needs. It includes two, 20,000 sf buildings with one currently leased to a national tenant on an absolute net basis through 2035. The second building is vacant and ready to be leased or occupied by the buyer, offering immediate upside.
The existing tenant, Sherman+Reilly, operates its manufacturing across the street and was acquired in 2024 by Quanta Services Inc., a publicly traded Fortune-level company. Their presence adds substantial stability and a low likelihood of relocation. The lease includes a five-year extension beginning January 2026, which the tenant has already notified to exercise, along with an additional five-year option extending to the end of 2035. Annual 3% rent increases continue throughout the extensions.
The vacant building has recently received several upgrades, including new metal siding, gutters, wall insulation, and additional improvements underway such as new walk doors, dock-leveler servicing, and a fresh waterproof roof coating. The vacant property offers strong functional aspects such as: approximately 20,000 square feet, four dock-high doors with levelers, four drive-in doors, a wet sprinkler system, 1,200 amps of 3-phase 480V power, 15-foot clear height, and 2.3 acres of fenced parking and drop yard space. These attributes make it well suited for a variety of industrial or distribution uses and position the property for long-term performance.

Property Facts

Price $4,100,820 CAD
Price Per SF $102.52 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 4.60 AC
Rentable Building Area 40,000 SF
No. Stories 1
Year Built/Renovated 1979/2025
Parking Ratio 2.5/1,000 SF
Clear Ceiling Height 15’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning I-H - Heavy Industrial Zoning

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Water
  • Sewer

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 20,000 SF
  • Industrial
  • -
  • Now

20,000 sf of warehouse and 2.3 acres of drop yard is ready for lease! This building has many improvements and features such as: new metal siding exterior walls, new insulation on the walls, new gutters, new LED lighting, 1,200 amps of power with 480 3 phase, 4 dock doors with concrete trailer parking bays and pit levelers, 4 grade level doors, a wet sprinkler system, two restrooms, and a break room. Outside you will find .89 acres covered with concrete or asphalt surfaces and additional .4 acres of graveled yard for the dock area. Total fenced area with the building equals 2.3 acres of usable space for the tenant. This location also offers access to I-24 only 1.4 miles away. Improvements in progress include: New roof coating, new man doors, and other small repairs still on a list. 2.3 acres of Drop Yard.

Space Size Space Use Condition Available
1st Floor 20,000 SF Industrial - Now

1st Floor

Size
20,000 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 20,000 SF
Space Use Industrial
Condition -
Available Now

20,000 sf of warehouse and 2.3 acres of drop yard is ready for lease! This building has many improvements and features such as: new metal siding exterior walls, new insulation on the walls, new gutters, new LED lighting, 1,200 amps of power with 480 3 phase, 4 dock doors with concrete trailer parking bays and pit levelers, 4 grade level doors, a wet sprinkler system, two restrooms, and a break room. Outside you will find .89 acres covered with concrete or asphalt surfaces and additional .4 acres of graveled yard for the dock area. Total fenced area with the building equals 2.3 acres of usable space for the tenant. This location also offers access to I-24 only 1.4 miles away. Improvements in progress include: New roof coating, new man doors, and other small repairs still on a list. 2.3 acres of Drop Yard.

Property Taxes

Property Taxes

Parcel Number
155K-G-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$468,858 CAD
  • Listing ID: 38522847

  • Date on Market: 2025-11-20

  • Last Updated:

  • Address: 110 W 34th St, Chattanooga, TN 37410

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