615-476-3982
2206 Oakland Pky, Columbia, TN for Sale
Distribution - FOR SALE
1/6
null | Request Cap Rate

2206 Oakland Pky
Columbia, TN 38401


HIGHLIGHTS

  • NNN Leased Industrial Investment Opp. | Offer is due 5:00 PM CST on Thursday, November 13th.
  • This facility is equipped with 21 dock doors, 9 drive in doors and clear heights ranging from ±16 Ft to ±27 Ft.
  • The tenant recently executed a new 10-year NNN lease starting at $7.25/SF with 2.5% annual rent increases and two 5-year renewal options.
  • Fully equipped with a 100% wet sprinkler system supported by a 1,500 GPM electric fire pump.

OVERVIEW

NNN Leased Industrial Investment Opp. | Offer is due 5:00 PM CST on Thursday, November 13th. 2206 Oakland Parkway in Columbia, TN presents an exceptional opportunity to acquire a ±162,934 SF industrial facility on ±15.49 acres, 100% leased to GCP Applied Technologies, Inc. This facility is equipped with 21 dock doors, 9 drive in doors and clear heights ranging from ±16 Ft to ±27 Ft. The tenant recently executed a new 10-year NNN lease starting at $7.25/SF with 2.5% annual rent increases and two 5-year renewal options. This offering delivers a stable yield in the expanding Middle Tennessee industrial market, just 45 miles south of Nashville.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GCP Applied Technologies, Inc.

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

Lighting, Gas, Water, Heating

CLEAR CEILING HT

27 Ft

DOCKS

21

DRIVE INS

9

PARKING SPACES

-

LAND DETAILS

LAND ACRES

15.49

LAND SF

674,744

ZONING

Industrial

APN/PARCEL ID

101-034.01

ASK ABOUT THIS PROPERTY

Jay ReevesMatthews Real Estate Investment ServicesMore Info
615-476-3982

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Jay ReevesMatthews Real Estate Investment ServicesMore Info
615-476-3982

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