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.