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This Office Property is no longer advertised on LoopNet.co.uk.

1300 Salem Rd
Cookeville, TN 38506

Office Property For Sale

Investment Highlights

  • Prime investment opportunity in southern Cookeville with direct access to State Route 111 and only minutes to I-40.
  • Stable cash flow perfect for an absentee owner in a mission-critical location, providing an excellent likelihood of renewal.
  • Single-tenant building occupied by AA credit tenant for the last 21 years with four years remaining on their initial term.
  • The building was built-out to suit the tenant in 2015, and a net lease is in place with the tenant covering all utilities and janitorial.

PROPERTY FACTS

Property Type
Office
Building Size
26,367 SF
Building Class
C
Year Built
2001
Tenancy
Single
Number of Floors
1
Typical Floor Size
26,367 SF
Building FAR
0.09
Lot Size
6.83 AC
Zoning
LM - Light Manufacturing
Parking
134 Spaces (5.08 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
083-052.05
Land Assessment
£80,465
Improvements Assessment
£534,109
Total Assessment
£614,573
  • Listing ID: 22030379

  • Date on Market: 21/01/2021

  • Last Updated:

  • Address: 1300 Salem Rd, Cookeville, TN 38506

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