1701 Childress Rd - Manufacturing FOR SALE


Lewisburg, TN 37091
$13,156,000 USD
510-289-1166
1701 Childress Rd, Lewisburg, TN for Sale
$13,156,000 USD
Manufacturing - FOR SALE
1/1
null | 6.75% Cap Rate

1701 Childress Rd
Lewisburg, TN 37091


HIGHLIGHTS

  • Net Lease to Established Industrial Tenant with 4 Years Remaining
  • Annual Rental Escalations Provide Hedge Against Inflation
  • Central Location Ideal for Industrial Use - Workforce of More than 450,000 within Commuting Distance
  • Close Proximity to I-431 Arterial - 15,986 AADT
  • Approximately 1 Hour from Huntsville & Nashville
  • No State Income Tax in Tennessee

OVERVIEW

The subject property is centrally located with excellent access within the Lewisburg Industrial Park in close proximity to the I-431/Fayetteville Highway arterial (15,986 AADT). The site benefits from robust demographics with a population of 48,646 within a 15 mile radius. Average household income within 15 miles of the site is $87,785 and average home value is $354,194. The property benefits from a central location within the Lewisburg Industrial Park in close proximity to many of Lewisburg’s largest industrial employers, including Teledyne Advanced Electronic Solutions, Marelli, Berry Plastics, Talos Engineered Products, Multimatic, Southern Carton Company, Walker Die Casting, and more. The area benefits from an established industrial work force of more than 450,000 within a 30 minute drive and a central location with access to major markets throughout the Southeast U.S.. Lewisburg (population 12,288) is the seat of Marshall County located approximately 50 miles south of Nashville and 52 miles north of Huntsville, Alabama. The region benefits from a robust and established industrial base in manufactured goods, automotive assembly, chemical production, plastics and rubber, logistics, and more. The city lies in the heart of the Southern Automotive corridor and benefits from a skilled workforce and central location with access to the Nashville and Huntsville markets. This property is listed in conjunction with Tennessee-licensed real estate broker McBride Real Estate. (Joshua McBride, TN License #339376)

FOR SALE DETAILS

PRICE

$13,156,000 USD

PRICE/SF

$66 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Capstone Fabrication | PAKFAB

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

-

DOCKS

13

DRIVE INS

-

PARKING SPACES

300

LAND DETAILS

LAND ACRES

40.81

LAND SF

1,777,684

ZONING

-

APN/PARCEL ID

08-055-055-018.01,08-055-055-018.07

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

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