1830 Foreman Dr - Freestanding FOR SALE


Cookeville, TN 38501
$1,419,015 USD
954-857-4762
1830 Foreman Dr, Cookeville, TN for Sale
$1,419,015 USD
Freestanding - FOR SALE
1/12
null | 5.5% Cap Rate

1830 Foreman Dr
Cookeville, TN 38501


HIGHLIGHTS

  • 24+ Years of Proven Operating History at the Site
  • Tenant Recently Exercised a New 5-Year Lease Extension
  • Strategic Location Along Tennessee's I-40 Growth Corridor
  • Corporate Tenant: United Rentals (NYSE: URI)
  • Adjacent to The Willows: New Target & Home Depot Development
  • Positioned Between Nashville & Knoxville Regional Markets

OVERVIEW

NEW LISTING | UNITED RENTALS | COOKEVILLE, TN NX3 Commercial Group is pleased to exclusively offer the rare opportunity to acquire a United Rentals investment located along Tennessee's primary east-west transportation corridor. The tenant has successfully operated at this location for more than 24 years and recently exercised a 5-year lease extension, reinforcing long-term commitment to the site. The property is strategically positioned just off Interstate 40 in Cookeville, TN, approximately 80 miles east of Nashville and 100 miles west of Knoxville. The surrounding trade area continues to experience significant commercial growth, including the recently announced 148,000 SF "The Willows" development featuring Target and Home Depot. • United Rentals (NYSE: URI) • 24+ Years Operating History • Recent 5-Year Extension Exercised • 5.49% Cap Rate • Strategic I-40 Location • Nashville–Knoxville Growth Corridor • Strong Retail & Industrial Market Fundamentals

FOR SALE DETAILS

PRICE

$1,419,015 USD

PRICE/SF

$214 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United Rentals | 24+ Yr History | TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Service Station, Storefront, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,090 SF

ZONING

LM/C3

APN/PARCEL ID

065E-B-004.00

ASK ABOUT THIS PROPERTY

Evan WhelanNX3 Commercial GroupMore Info
954-857-4762

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Evan WhelanNX3 Commercial GroupMore Info
954-857-4762

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