455 Inman St W - Warehouse FOR SALE
Cleveland, TN 37311 |
$2,121,800 USD
214-692-2216
455 Inman St W
Cleveland, TN 37311
HIGHLIGHTS
- Strong Corporate Guarantee - Sunbelt Rentals is one of the largest equipment rental companies in North America with over 1,100 locations nationwide
- Increased Cash-flow – Sunbelt just signed a brand new 10-year lease at the location in 2022 with built in 3% annual increases.
- Spacious Lot – Sitting on a lot of 3.37 acres, the Building/Lot Coverage ratio is 7.25% offering ample industrial yard space.
- Significant Tenant Capital Contribution - Sunbelt Rentals is investing over $1,000,000 of their own money to the sites construction cost
- Ease Of Access – Located off Inman St, a main corridor through Cleveland, and connecting to I-75 and other major highways
- Recently Renovated – The 10,656 SF Building was recently renovated in 2023.
FOR SALE DETAILS
PRICE
$2,121,800 USD
PRICE/SF
$199 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SUNBELT RENTALS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
ADD'L SUBTYPES
Storefront, Distribution
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1972
UTILITIES
Lighting, Gas, Water, Sewer, Heating
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
8
PARKING SPACES
60
LAND DETAILS
LAND ACRES
3.37
LAND SF
146,797
ZONING
IH
APN/PARCEL ID
057D-E-020.00-000
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214-692-2216
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214-692-2216
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