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6200 Building 5715 Uptain Rd 55,506 SF 96% Leased Flex Building Chattanooga, TN 37411 $6,600,000 ($118.91/SF) 8.73% Cap Rate

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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

Newmark, as exclusive advisor, is pleased to present 5715 Uptain Road, a 95% leased, 55,506 SF office/flex asset in Chattanooga, Tennessee, anchored by the City of Chattanooga (AA+ credit) occupying 41% of the building for mission-critical, federally supported operations. The remaining tenancy is well diversified across healthcare, nonprofit, healthcare logistics, and distribution users, providing stable and resilient cash flow.
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 $6,600,000
Price Per SF $118.91
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
  • Wholesaler
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

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.

  • Administrative and Support Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

NPR exists to create a learning environment where small to mid-size nonprofits can fulfill their mission and be impactful in their community. They focus on supporting organizations, with an operating budget of less than $1,000,000 per year.

  • Health Care and Social Assistance
  • -
  • -
  • -
  • Jan 0000

When you need a quality prosthetic, you want quality from a company with experience. Stubbs Prosthetics & Orthotics, Inc. opened its doors in 1981. Senior prosthetist Mark Stubbs, son of the original owner, carries on the family tradition of managing the facility with a careful touch. With Stubbs dedicated staff, they strive to provide the most comprehensive prosthetic and orthotic care for each and every patient by utilizing education, experience, and overall skill. Your prosthetic needs are unique. Stubbs will give you the individual attention that you need to get the right prosthetic for your need and ensure that it fits comfortably. Stubbs certified team of specialists considers you as a part of their family.

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
  • 1st Fl - 350
  • 2,500 SF
  • Flex
  • -
  • Now

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

PROPERTY TAXES

Parcel Number
157M-A-011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,635,000
  • Listing ID: 39012214

  • Date on Market: 1/8/2026

  • Last Updated:

  • Address: 5715 Uptain Rd, Chattanooga, TN 37411

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