405 Industrial Dr - Warehouse FOR SALE


Mount Juliet, TN 37122
$3,000,000 USD
615-788-9356
405 Industrial Dr, Mount Juliet, TN for Sale
$3,000,000 USD
Warehouse - FOR SALE
1/54
null | 10.3% Cap Rate

405 Industrial Dr
Mount Juliet, TN 37122


HIGHLIGHTS

  • This building is located less than half a block away from the train pickup.

OVERVIEW

Welcome to 405 Industrial Drive, Building #1 and #2, a prime industrial property located in the thriving Mount Juliet area. This property offers a combined total of 14,100 square feet of warehouse space across two buildings, with additional implement sheds that provide another 11,000 square feet of versatile space. This site is perfect for businesses looking for ample room to grow, with the potential for further development or conversion into additional warehouse space. Building #1: Improvement Type: Warehouse Quality: Average Year Built: 1972 Total Area: 10,000 Sq. Ft. Interior/Exterior Areas: 5,000 Sq. Ft. - Concrete Block Exterior Wall 5,000 Sq. Ft. - Concrete Block Exterior Wall Commercial Features: Canopy: 130 Sq. Ft. Loading Platform/Canopy: 800 Sq. Ft. Building #2: Improvement Type: Warehouse Quality: Average Year Built: 1984 Total Area: 4,100 Sq. Ft. Interior/Exterior Areas: 4,100 Sq. Ft. - Concrete Block Exterior Wall Implement Shed: 3,500 Sq. Ft. Concrete Paving: 4,500 Sq. Ft. Implement Shed: 7,500 Sq. Ft. Rental Potential: The average rental rate in this area is approximately $15 per square foot, making this property an excellent investment opportunity. The 14,100 square feet of office and warehouse space could potentially generate around $210,000 in annual rental income. The additional 11,000 square feet of implement shed space, with easy conversion potential into warehouse space, could bring in an additional $110,000 per year. This property offers a strategic location in Mount Juliet, with easy access to major transportation routes, making it ideal for businesses in need of substantial storage, manufacturing, or distribution space. Don't miss out on this exceptional opportunity to own a versatile industrial property with strong income potential. For more information or to schedule a viewing, please contact us today!

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

10.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Service, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

UTILITIES

Lighting - Incandescent, Gas - Natural, Water - City, Sewer - Septic Field, Heating - Gas

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

1

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.36

LAND SF

59,242

ZONING

09-Industrial

APN/PARCEL ID

072I-D-017.00

ASK ABOUT THIS PROPERTY

Keith BoykinA Square Realty & AuctionMore Info
615-788-9356

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

Keith BoykinA Square Realty & AuctionMore Info
615-788-9356

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