3025 Kate Bond Rd - Warehouse FOR SALE


Bartlett, TN 38133
$6,857,143 USD
949-246-0109
3025 Kate Bond Rd, Bartlett, TN for Sale
$6,857,143 USD
Warehouse - FOR SALE
1/8
null | 7% Cap Rate

3025 Kate Bond Rd
Bartlett, TN 38133


HIGHLIGHTS

  • EXCEPTIONAL TENANT STABILITY: Headquarters for a 20+ year operating Diabetes and Endocrinology practice, signaling strong roots and a vital community
  • TRUE PASSIVE INCOME: Triple Net (NNN) lease structure transfers all operating expenses (taxes, insurance, maintenance) to the tenant, maximizing inves
  • STRATEGIC HEALTHCARE LOCATION: Unbeatable proximity (walking distance) to a major regional hospital, driving patient volume and professional referrals
  • RECESSION RESISTANT SECTOR: Healthcare, particularly specialized medical practices like endocrinology, tends to be less affected by economic downturns
  • LONG-TERM SECURITY: The tenant’s long history and “headquarters” status indicate a high likelihood of continued occupancy and lease renewals.

OVERVIEW

Exceptional NNN investment offering a rare opportunity for passive investors seeking long-term, stable income. The location serves as a crucial headquarters, underscoring a deep commitment to this facility. Operating successfully for over 20 years, the tenant demonstrates a robust and resilient business model, providing essential healthcare services to the community. The highly desirable NNN lease structure ensures ZERO landlord responsibilities, with the tenant covering all property taxes, insurance, and maintenance costs, delivering predictable net income. Strategically positioned within walking distance of the St. Francis Regional Hospital, this location offers unparalleled advantages, including convenient access for patients, strong referral potential from the hospital, and synergy with the broader medical community. This established, mission-critical healthcare tenant, combined with the ideal location and long-term lease, makes this an incredibly attractive and secure investment.

FOR SALE DETAILS

PRICE

$6,857,143 USD

PRICE/SF

$254 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kate Bond Building 2

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

6

DRIVE INS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.16

LAND SF

93,959

ZONING

I-P

APN/PARCEL ID

B0-158I-A0-0005

ASK ABOUT THIS PROPERTY

Kurt HedigerGraystone Capital AdvisorsMore Info
949-246-0109

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Kurt HedigerGraystone Capital AdvisorsMore Info
949-246-0109

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