1170 US Highway 45 - Distribution FOR SALE


Henderson, TN 38340
$3,900,000 USD
602-510-5444
1170 US Highway 45, Henderson, TN for Sale
$3,900,000 USD
Distribution - FOR SALE
1/33
null | Request Cap Rate

1170 US Highway 45
Henderson, TN 38340


HIGHLIGHTS

  • ORIGINALLY A NEW CAR DEALERSHIP IN 2001
  • ZONED COMMERCIAL --- Industrial, Commercial, Retail Sales and Rental, Warehousing, Truck Terminal, Manufacturing, MORE!
  • DIRECTLY ON US HIGHWAY 45 - - - 17,920 SQ FT BUILDING TOTAL
  • ONLY 20 MINUTES FROM INTERSTATE I-40 AND LARGER CITY WITH POPULATION OF 70,000
  • NO TENNESSEE STATE INCOME TAX !!!!!!

OVERVIEW

OWNERS SELLING DUE TO RETIREMENT MAY CONSIDER LONG TERM LEASE WITH HIGHLY QUALIFIED TENANT 17,920 Sq Ft Total. 10,000 Sq Ft rear portion, generally used for service, repairs, manufacturing, warehousing and many other uses. 7,920 Sq Ft front portion with HVAC generally used for retail sales, administration, display of products and many other uses. Built in 2001, on 4.26 acres. Maintained property is completely fenced, lighted and gated. Has 2 Gated Entrances To Property. One directly off US Highway, the other just off the highway on frontage road. Has 3 Sections of The Property Which Could Possibly Be Separated For Additional Lease Income. All 3 Sections Have Separate Building Entrance Doors and Rest Room. More information below. Currently used as a medium and heavy duty truck dealership. PROPERLY ZONED FOR ALL VEHICLE SALES, LIGHT MANUFACTURING, WAREHOUSING, TRUCK TERMINAL, INDUSTRIAL, CALL CENTER, AND 100'S MORE. Situated directly on a major US Highway connecting the Gulf Of Mexico with northern Minnesota, with a traffic count of 14,000 units per day. Travel time to Interstate I-40 is only approximately 20 minutes. Located within the city limits of a small county seat city with a population of approximately 6,300. It is within 10 miles of a larger city with a population of approximately 70,000, and major manufacturing facilities. The State Of Tennessee offers incentives to new businesses. See info at https://tnecd.com/ FOR SALE BY OWNER – – – $3,900,000 MOVE YOUR BUSINESS TO TENNESSEE ! ..... NO STATE INCOME TAX HENDERSON TENNESSEE IS A VERY BUSINESS FRIENDLY AREA. SEE INFO AND VIDEO AT https://hdtrucksandequipmentsales.com/commercial-building-for-sale-in-tennessee/ Attractive and modern facility with virtually unlimited uses. OVER 400 Feet Of US Highway 45 Frontage, with direct access to Hwy. 17,920 sq ft Building built in 2001 as new car dealership. Administration portion utilizes 5,920 sq ft. Administration portion includes show floor, sales offices, admin office, exec office with private bath, remodeled full kitchen, conference room, public restrooms, a 2,000 sq ft "parts" room and an IT room with storage. The rear 10,000 sq ft portion of the building is designated as service area, manager office, tool room, employee break room with restroom, dual wash bays, dual power 14 ft tall doors. A recently added additional attached covered work area is outside the rear service door. Large blacktop, fenced, gated and lighted parking area in addition to customer parking. Rear "service dept 10,000 sq ft building is separated from front admin portion by a cement block firewall. This wall would allow for square footage separation with an additional income producing lease potential. Another area with separate entrance door and rest room could also be leased for enhanced lease income. Located directly across from the Chevrolet dealer and 1/2 mile from Ford dealer. Larger manufacturing companies are in the immediate area. 120, 240 and 3 phase power. Steel building construction provides easy interior wall additions and removals for specific improvements. Only 20 minutes from Interstate I-40 and larger city with population of 70,000. . The State Of Tennessee has many advantages and incentives to new businesses. See the State Of Tennessee offerings at https://tnecd.com/ Buyer/Tenant Responsible For Any Buyer/Tenant Broker-Agent Fee or Commissions. Private showings to qualified buyers UPON APPOINTMENT. Call (602) 510-544

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$218 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

FOR SALE BY OWNER -- MAY LEASE

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

undefined, Auto Dealership, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - Septic Field, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

4.25

LAND SF

185,130

ZONING

Commercial Rural (B4)

APN/PARCEL ID

033-071.10

ASK ABOUT THIS PROPERTY

David McCormackDavid McCormackMore Info
602-510-5444

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David McCormackDavid McCormackMore Info
602-510-5444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.