Value Add Industrial Warehouse Opportunity
Property Details
Rentable Area: 22,230 sqft
Land Area: 2.57 AC
Year Built/Renov: 1973 / 2022
INVESTMENT HIGHLIGHTS
• Ample Space For Truck Loading And Parking
• Roof Replaced In 2021 | Building Renovated in 2022
• Industrial Vacancy Rate of 1.5% Per Cookeville-Putnam County Chamber of Commerce
• Strong Demographics | 52,500 People In 5-Mile Radius | $71,500 AHHI In 5-Mile Radius
• Positive Population Growth | 1% Last 5 Years | Expected 1.5% In The Next 5 years
• Strong Demand For Industrial Properties In Cookeville |Low Available Inventory
• Nashville MSA | Most Extensive Metro In TN | 2 Million People Across 14 Counties| $187B Annual GDP | Home To 11 Fortune 1000 Companies
• Centrally Located Within100 Miles Of Nashville, Knoxville And Chattanooga
• Off State Highway 70 North With Easy Access To Newly Built Interchange to I40
• Nearby Retailers Include: Walmart, Menard’s, FedEx,McDonald’s, Burger King, Taco Bell, Dollar General, Autozone, Tractor Supply, Tim Hortons. Dollar Tree, and More.
• Prior Tenant FedEx Occupied For Over 23 Years Before Consolidation Of Business Units
