4637 Port Royal Rd - Distribution FOR SALE


Spring Hill, TN 37174
$53,000,000 USD
586-945-9960
4637 Port Royal Rd, Spring Hill, TN for Sale
$53,000,000 USD
Distribution - FOR SALE
1/11
null | 6.4% Cap Rate

4637 Port Royal Rd
Spring Hill, TN 37174


HIGHLIGHTS

  • 330,000 SF industrial facility in Spring Hill’s growing manufacturing corridor
  • 10-year lease with Prinova, a globally recognized tenant.
  • 3.5% annual rent increases for built-in cash flow growth.
  • 6.4% cap rate offering attractive yield.
  • Strategically near GM Spring Hill complex with strong regional connectivity.
  • High-growth submarket with strong workforce and industrial demand.

OVERVIEW

Fortis Net Lease is pleased to present a prime investment opportunity in the heart of Spring Hill, TN. This institutional-quality asset consists of a modern 330,000 square foot industrial facility positioned in one of Middle Tennessee’s strongest manufacturing and distribution corridors. The property is secured by a long-term 10-year lease with Prinova, a globally recognized ingredients and nutrition solutions company, providing investors with durable cash flow backed by an established corporate tenant. The lease is structured with attractive 3.5% annual rent increases, delivering built-in income growth and strong inflation protection over the hold period. Offered at a 6.4% cap rate, this investment provides a compelling combination of yield and long-term stability. Located in Spring Hill—one of the fastest-growing industrial hubs south of Nashville—the property benefits from excellent access to I-65, a skilled workforce, and proximity to major manufacturing operations, including the General Motors complex. This offering represents a rare opportunity to acquire a large-scale, mission-critical industrial facility leased to a high-quality tenant in a thriving regional market.

FOR SALE DETAILS

PRICE

$53,000,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prinova

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City

CLEAR CEILING HT

38.666666666666664 Ft

DOCKS

46

DRIVE INS

2

PARKING SPACES

207

LAND DETAILS

LAND ACRES

91.2

LAND SF

3,972,672

ZONING

I-1

APN/PARCEL ID

028-010.03

ASK ABOUT THIS PROPERTY

Doug PassonFortis Net LeaseMore Info
586-945-9960

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

Doug PassonFortis Net LeaseMore Info
586-945-9960

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