Michigan Ave Industrial Outside Storage

This Industrial Outdoor Storage (IOS) asset within Michigan Ave Industrial Park was acquired as a strategic addition to the park in March 2022. The 3,800-square-foot structure underwent improvements, including a full repaint and lighting upgrades. Since acquisition, our team has successfully increased the rent in excess of 400%.

Strategically positioned between two major transportation arteries, TN-60 and US-11, this property offers exceptional logistical advantages, ensuring efficient and cost-effective distribution operations. Its prime location provides access to key urban centers and transportation hubs, including downtown Chattanooga, just 37 miles away, and the Chattanooga Metropolitan Airport, only 28 miles away. This proximity to airfreight services allows businesses to seamlessly connect to domestic and international markets, further enhancing the property's value as a distribution hub.