130 Enterprise Ln - Warehouse FOR SALE


McMinnville, TN 37110
$4,600,000 USD
678-808-2804
130 Enterprise Ln, McMinnville, TN for Sale
$4,600,000 USD
Warehouse - FOR SALE
1/11
null | Request Cap Rate

130 Enterprise Ln
McMinnville, TN 37110


HIGHLIGHTS

  • Prime Investment Opportunity | 130,000 SF Industrial Manufacturing Facility in McMinnville, TN
  • Value-Add Opportunity by Filling Vacancy or Ideal for an Owner User
  • Less than 1 Mile from Highway 70S/Highway 55 | Centrally Located In Between Major Tennessee Markets
  • 65 Miles from Chattanooga, 75 Miles from Nashville, & 100 Miles from Knoxville
  • In Close Proximity to the Yorozu Automotive Manufacturing Plant | 800,000 SF Facility with Over 2,000 Employees
  • Bridgestone Recently Announced a $550 Million Expansion in Warren County | Adding 380 New Jobs

OVERVIEW

The AP Group of Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the industrial complex located at 130 Enterprise Lane, McMinnville, Tennessee. The property totals 130,000 square-feet across two sections: a one-story portion totaling 50,000 square-feet and a two-story section comprising 80,000 square-feet. Situated on 7.92 acres, the property is zoned Light Industrial allowing for a range of industrial and manufacturing uses. The property features four dock doors, a brick exterior, and clear heights of approximately 15 to 16 feet. Offered well below replacement cost, the property offers significant value-add opportunity by filling vacancy or is an ideal facility for an owner-user. Centrally positioned between Chattanooga, Nashville, and Knoxville, the property is strategically situated with excellent regional connectivity and access to key distribution hubs. Located in Middle Tennessee, McMinnville serves as the county seat of Warren County and is positioned between Nashville, Chattanooga, and Knoxville. Known as the “Nursery Capital of the World,” the city has a strong agricultural and manufacturing presence, contributing to its steady economic growth. McMinnville’s diverse manufacturing sector includes companies such as Bridgestone Americas Tire Operations, LLC, Yorozu Automotive, and Vilex LLC, which specialize in automotive parts and medical devices. The McMinnville area is home to approximately 40,000 residents, with around 13,756 living in the city itself as of 2022. Over the next five years, continued investment in industry and infrastructure is expected to support further population and economic expansion.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$26 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

3

DRIVE INS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

7.92

LAND SF

344,995

ZONING

IL

APN/PARCEL ID

058P-G-009.02

ASK ABOUT THIS PROPERTY

Ani PaulsonMarcus & MillichapMore Info
678-808-2804

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Ani PaulsonMarcus & MillichapMore Info
678-808-2804

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.