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6200 Building 5715 Uptain Rd 55,506 SF 96% Leased Flex Building Chattanooga, TN 37411 $9,150,504 CAD ($164.86 CAD/SF) 8.73% Cap Rate



INVESTMENT HIGHLIGHTS
- AA+ Anchor Tenant (City of Chattanooga): Durable cash flow from government lease with federal funding growth and mission-critical use.
- High Occupancy, Diversified Tenancy: 95% leased to municipal, healthcare, nonprofit, and distribution users.
- Limited Supply Submarket: Sub-3% flex & office vacancy, no new supply; drives sustained rent growth.
- Immediate Mark-to-Market Upside: 46% of the rent roll is ~26% below market, embedding NOI growth on roll.
- Short WALT enables repricing opportunity: 2.3 years enables accelerated value-add via market renewals/re-tenanting.
- Functional Flex Asset: ~15’ ceilings, dock/drive in doors, ample parking, heavy power for broad tenants.
EXECUTIVE SUMMARY
Offered at $6.6 million, the property generates an 8.75% cap rate on 2026 projected NOI of $575,904. Approximately 46% of in-place rents are ~26% below market, and the 2,500 SF built-out maintenance shop vacancy offers immediate lease-up and premium rent potential. A 2.3-year WALT enables near-term mark-to-market upside through lease roll and absorption.
Situated in a sub-3% vacancy flex & office market with limited new supply, 5715 Uptain Road presents a compelling combination of government-backed income, strong yield, and value-add upside in a top-performing Southeast Tennessee submarket.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $9,150,504 CAD | Lot Size | 3.44 AC |
| Price Per SF | $164.86 CAD | Rentable Building Area | 55,506 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.73% | Year Built | 1965 |
| Property Type | Flex | Parking Ratio | 2.99/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 14’10” |
| Building Class | B | ||
| Zoning | C2 - Commercial | ||
| Price | $9,150,504 CAD |
| Price Per SF | $164.86 CAD |
| Sale Type | Investment |
| Cap Rate | 8.73% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 3.44 AC |
| Rentable Building Area | 55,506 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 2.99/1,000 SF |
| Clear Ceiling Height | 14’10” |
| Zoning | C2 - Commercial |
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
With an extensive wholesale portfolio of wine, spirits, beer, bottled water, mixers, crystal and cigars; Lipman Brothers has proven leadership in the marketplace for more than 75 years. Lipman Brothers’ corporate headquarters is located in Nashville with additional facilities in East Tennessee. The company services all trade channels including retail, grocery, convenience and bars/restaurants. As a family-owned and operated enterprise, Lipman Brothers serves as an educational resource for both trade and consumer markets. Lipman is committed to adding value to its customers, setting high standards of respect for its employees, exemplary professional representation of its suppliers, and support for communities throughout the state.
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| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Wholesaler | - | - | Lorem Ipsum | Jan 0000 | |
|
Administrative and Support Services | - | - | Lorem Ipsum | Jan 0000 | |
|
Health Care and Social Assistance | - | - | - | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
2500 sq. ft. flex space with two roll up doors.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 350 | 2,500 SF | Flex | - | Now |
1st Fl - 350
| Size |
| 2,500 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| Now |
1st Fl - 350
| Size | 2,500 SF |
| Space Use | Flex |
| Condition | - |
| Available | Now |
2500 sq. ft. flex space with two roll up doors.
PROPERTY TAXES
| Parcel Number | 157M-A-011 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,265,783 CAD |
PROPERTY TAXES
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6200 Building | 5715 Uptain Rd
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