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2221 W Jackson St
Cookeville, TN 38501

FedEx · Industrial Property For Sale

Investment Highlights

  • OVER 7 YEARS REMAINING | NET-LEASED FEDEX SHIP CENTER | MINIMAL RESPONSIBILITIES | DOUBLE NET STRUCTURE
  • FEE SIMPLE ASSET | DELIVERED FREE & CLEAR LOCATED IN TENNESSEE | INCOME TAX FREE STATE | BRAND NEW ROOF REPLACED IN 2021
  • SITUATED ON 2.57-ACRE LOT | 24,449-SQUARE FOOT BUILDING | NO IMMEDIATE COMPETITION IN VICINITY
  • (2) 5-YEAR OPTIONS WITH FMV RENT INCREASES EACH OPTION | FEDEX (S&P BBB) CORPORATE GUARANTEE
  • LONG TERM OCCUPANCY | OVER 23 YEARS AT SITE | BELOW MARKET RENTS | FEDEX PAYING $5.19 PSF
  • COOKEVILLE TN | ONE OF THE FASTEST GROWING CITIES | STRONG DEMOS | 51,000+ PEOPLE IN 5-MILE RADIUS

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Truck Terminal
Building Class B
Lot Size 2.57 AC
Rentable Building Area 22,230 SF
Number of Floors 1
Year Built 1973
Tenancy Single
No. Dock-High Doors/Loading 4
Level Access Doors 3

Amenities

  • Air Conditioning

zoning

Zoning Code LM (Industrial Zoned District)
LM (Industrial Zoned District)
  • Listing ID: 25875484

  • Date on Market: 07/06/2022

  • Last Updated:

  • Address: 2221 W Jackson St, Cookeville, TN 38501

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