Beau Beach, MBA CCIM presents:
$200,000 price adjustment to ensure a timely sale! Perfect 1031 exchange opportunity.
Extreme Shortage of Smaller Industrial Properties
There are very few smaller industrial properties available in Nashville and Hendersonville. This is your chance to own affordable, well located industrial buildings. Seller is preparing for retirement.
Many Value-Add Opportunities
Opportunity #1: Extend the leases of the current tenants and hold for appreciation. The property is fully occupied by two long-term tenants at below market rental rates. Lochness Fabrication and Welding, Inc (metal fabricator) has 9 months of remaining lease term. Southland Constructors (mid-sized commercial builder) is month-to-month. Current rent roll is $6,400 per month.
Opportunity #2: Secure new tenants at current market rates.
Opportunity #3: Keep the current tenants while you plan your redevelopment project. New buildings could be added to the site without disturbing the existing buildings. Additionally, one large building could replace all existing buildings. Industrial zoned land is very hard to find. This is your chance.
With .74 acre to work with…you have great value-add options.
Convenient Location with Easy I-65 Access
1 minute to W Main Street / Hwy 31E / Gallatin Pike N. 9 minutes to I-65. 19 minutes (15 miles) to Downtown Nashville.
Multiple Buildings
Total of 7,340 SF between 4 buildings.
The building known as 316 Rockland is 3,200 SF. Built in 1973. Metal construction. 16′ building height. Insulated. Front and rear drive-in doors. 5 customer parking spaces.
The building known as 318 Rockland is 2,100 SF with an additional 280 SF of canopy. This building is sprinklered. Built in 1970. Newer asphalt shingles. 7 customer parking spaces. Drive-in door facing Rockland Road. Concrete block construction.
No flood zone. No opportunity zone. Traffic counts exceed 8,000 vehicles per day.
Massive Fenced Rear Yard
Fenced outdoor storage is in high demand and very hard to find.
This space could provide up to 100 parking spaces. The unused green space is begging to be put to work.
There are two additional buildings in the rear yard. One building is 1,120 SF with 3 drive-in doors. The other is 640 SF. There are also two carports which provide additional covered outdoor storage.
Attractive Zoning
Zoned Heavy Commercial. Click here for a list of permitted uses.
Priced to Sell
Property tours will be limited to serious, prequalified buyers at predefined times to minimize the disruption to the tenants’ businesses.
Priced to ensure a timely sale. Don’t miss this opportunity. We’ll prepare the paperwork.
>> Click to get the full Property Information Package instantly <<
SUMNER COUNTY OVERVIEW
Sumner County’s business community is anchored by large manufacturing and distribution operations, an outstanding mix of professional service companies and a rapidly expanding retail sector.
Sumner County is a suburban community also known as Nashville’s North Shore because the county’s entire 63-mile southern border meanders along Old Hickory Lake, which gives Sumner County a unique claim within the Nashville area to a major navigable waterway with lakeside living and unlimited water recreation. Old Hickory Lake divides Davidson and Sumner County and works in conjunction with the Cumberland River as the ecological focal point of Sumner County to provide water-based outdoor activities and a quality of life that attracts new residents and corporations.
Sumner is the third most affluent county in the state of Tennessee. It has a median household income of $54,916 and a median family income of $65,313. More than 60 companies are headquartered, have regional offices or distribution facilities in Sumner County. The largest employers in the county include Gap, Inc. (1,306), Sumner Regional Medical Center (1,077), UniPres USA Inc. (1,062), Xtend Healthcare (928), and Volunteer State Community College (714).
Although the county seat is Gallatin, the city with the largest population in Sumner County is Hendersonville which has 51,372 residents.
HENDERSONVILLE OVERVIEW
Hendersonville, founded in 1784, is now the fourth-largest city in the Nashville metropolitan area after Nashville, Murfreesboro, and Franklin and the 10th largest in Tennessee. It also ranks high in livability with a variety of amenities, low crime rates, great education resources, reasonable housing prices, and restaurants, parks, grocery stores etc., within a short distance of neighborhoods.
13 miles to Nashville Airport. 18 miles to Downtown Nashville. $75,146 median household income. $500,740 median MSA new home price. 11.5% increase in population in Sumner County since 2020.
From its state parks, to historical sites, to shopping and entertainment, its rich heritage make Hendersonville one of the best cities in Tennessee.
- Price: $1,749,000
- Area: .74 Acre
- Phone Number: 615-200-9330
- Space (s.f.): 7,340 SF