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1129 S Chattanooga St 40,000 SF Industrial Building LaFayette, GA 30728 $1,800,000 ($45/SF) 8% Cap Rate
Investment Highlights
- Fully occupied industrial manufacturing facility with long-term tenancy.
- Tenant has operated from the property for approximately 20 years.
- Located within an established Northwest Georgia manufacturing corridor.
- Absolute net lease structure minimizes landlord responsibilities.
- Lease extends through November 30, 2034.
- Convenient access to Chattanooga and regional Southeast markets.
Executive Summary
1129 S Chattanooga St presents an opportunity to acquire a fully occupied industrial manufacturing facility in LaFayette, Georgia. The property consists of approximately 40,000 square feet situated on approximately 5.54 acres and is occupied by Dixie Dye & Chemical, Inc. under a 10-year absolute net lease structure. The offering is marketed at $1,800,000 with reported annual net operating income of $144,000 and an indicated 8% capitalization rate.
The tenant has operated from the location for approximately 20 years and manufactures industrial dyes and colorants used in applications including textiles and plastics. The lease structure places responsibility for property taxes, insurance, maintenance, roof repairs, and structural repairs on the tenant, resulting in minimal landlord obligations. The lease extends through November 30, 2034 and includes two five-year renewal options.
Located in Walker County, LaFayette benefits from a long-established manufacturing base and access to a skilled industrial workforce. The property is positioned approximately 30 minutes south of Chattanooga, Tennessee and roughly 90 minutes from Atlanta, Georgia, providing connectivity to major regional transportation networks, labor pools, suppliers, and distribution channels. The area's concentration of manufacturing activity, combined with continued workforce development initiatives, supports industrial users and long-term operational viability.
This offering combines stabilized occupancy, long-term lease security, tenant responsibility for operating expenses, and strategic access to major Southeast markets, making it a compelling opportunity for investors seeking income-producing industrial real estate.
The tenant has operated from the location for approximately 20 years and manufactures industrial dyes and colorants used in applications including textiles and plastics. The lease structure places responsibility for property taxes, insurance, maintenance, roof repairs, and structural repairs on the tenant, resulting in minimal landlord obligations. The lease extends through November 30, 2034 and includes two five-year renewal options.
Located in Walker County, LaFayette benefits from a long-established manufacturing base and access to a skilled industrial workforce. The property is positioned approximately 30 minutes south of Chattanooga, Tennessee and roughly 90 minutes from Atlanta, Georgia, providing connectivity to major regional transportation networks, labor pools, suppliers, and distribution channels. The area's concentration of manufacturing activity, combined with continued workforce development initiatives, supports industrial users and long-term operational viability.
This offering combines stabilized occupancy, long-term lease security, tenant responsibility for operating expenses, and strategic access to major Southeast markets, making it a compelling opportunity for investors seeking income-producing industrial real estate.
Property Facts
| Price | $1,800,000 | Rentable Building Area | 40,000 SF |
| Price Per SF | $45 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1988 |
| Cap Rate | 8% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.25/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 17’ |
| Building Class | B | No. Dock-High Doors/Loading | 4 |
| Lot Size | 5.54 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | I2 - Industrial | ||
| Price | $1,800,000 |
| Price Per SF | $45 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.54 AC |
| Rentable Building Area | 40,000 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Tenancy | Single |
| Parking Ratio | 1.25/1,000 SF |
| Clear Ceiling Height | 17’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I2 - Industrial |
Amenities
- Fenced Lot
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 1060-006 | Improvements Assessment | $281,036 |
| Land Assessment | $44,320 | Total Assessment | $325,356 |
Property Taxes
Parcel Number
1060-006
Land Assessment
$44,320
Improvements Assessment
$281,036
Total Assessment
$325,356
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1129 S Chattanooga St