1208 SW - Warehouse FOR SALE


Cleveland, TN 37311- Downtown Cleveland
$2,500,000 USD
1208 SW, Cleveland, TN for Sale
$2,500,000 USD
Warehouse - FOR SALE
1/21
null | 7.58% Cap Rate


HIGHLIGHTS

  • 1208 Smith Dr SW located on +/- 3.20 acres
  • 6 drive in doors 14 feet each and 6 Walk in Doors
  • 33,840 square foot Warehouse with 24 ft Eaves
  • Also available separately is the adjacent property a 1213 Cedar Lane SW., an income producing, 3 bed/2/bath approx. 2, 000 sq ft for $275,000
  • The Warehouse is heated but no AC
  • Lease Option Available Estimated Monthly Rent $18,330

OVERVIEW

Industrial Warehouse | For Sale or Lease – Cleveland, TN 1208 Smith Dr SW, Cleveland, TN 37311 33,880± SF clear-span industrial warehouse located in Cleveland’s established industrial corridor. Ideal for an owner-user, investor, or tenant seeking flexible industrial or storage space with strong access and expansion potential. Property Highlights 33,880± SF clear-span warehouse 6 drive-in doors (14’) + 6 walk-in entries ~24’ eave height Situated on 3.20± acres Single-phase power (3-phase available at pole) Gas heat + overhead sprinklers Public water & sewer available No existing restroom or kitchen facilities Room for expansion on-site Sale Price $2,500,000 (real estate only) Lease Rate $6.50 PSF NNN Optional Adjacent Property (Separate Purchase) 1213 Cedar Lane SW – $275,000 3BR / 2BA | ~2,000± SF 0.48± acres | City sewer Currently leased at $1,400/month Important Property is offered as land and improvements only. No business is included. No financials, rent rolls, or operating data will be provided. Showing Instructions By appointment only. Listing agent must accompany.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

7.58%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

33,840 sq ft Warehouse Plus Rental Home

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

UTILITIES

Lighting, Water - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

6

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.2

LAND SF

139,392

ZONING

CH

APN/PARCEL ID

057B-K-001.03

ASK ABOUT THIS PROPERTY

Diana SeaveyCrye Leike RealtorsMore Info

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