Available For Sale - Retail

26,870 SF

AVAILABILITY DETAILS

Size
26,870 SF
Price/SF
N/A - Contact for Info
Listing ID
SA513813
Notes
Colliers is pleased to exclusively offer for sale, the opportunity

to purchase this Tesla Sales and Service Center, currently under

construction in the Chattanooga MSA.

Investment Highlights

New 12-Year Lease to Tesla Inc (NASDAQ: TSLA)

Investment Grade Credit: S&P Global Ratings recently raised its longterm credit rating on Tesla to BBB

Full Corporate Guaranty: Tesla’s 2021 total revenue rose to $53.8

billion in 2021, up from $31.5 billion in 2020. Tesla is one of only 5

companies to see a market cap over $1 Trillion

Tesla, Inc Ranks #6 on the list of the largest companies in the world

ranked by market capitalization

Customized Build to Suit: Estimated completion date in the 2nd

Quarter 2023

Regional Service Center: This site sits within a retail corridor that sees

7.4 million visits each year (per Placer.ai). This retail corridor services

customers as far as 60 miles away and resides in one of the fastest

growing cities in Tennessee
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Brenna Leach, Colliers