405 Industrial Dr
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405 Industrial Dr
10,000 SF Industrial Building Mount Juliet, TN 37122 £2,370,030 (£237/SF) 10.30% Net Initial Yield
Investment Highlights
- This building is located less than half a block away from the train pickup.
Executive Summary
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!
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!
Property Facts
Amenities
- Fenced Lot
Utilities
- Lighting - Incandescent
- Gas - Natural
- Water - City
- Sewer - Septic Field
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 072I-D-017.00 | Improvements Assessment | £84,991 |
| Land Assessment | £50,464 | Total Assessment | £135,456 |
PROPERTY TAXES
Parcel Number
072I-D-017.00
Land Assessment
£50,464
Improvements Assessment
£84,991
Total Assessment
£135,456
zoning
| Zoning Code | 09-Industrial |
| 09-Industrial |
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405 Industrial Dr
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