9525 Macon Rd - Light Distribution FOR SALE


Cordova, TN 38016
$5,850,000 USD
901-273-2376
9525 Macon Rd, Cordova, TN for Sale
$5,850,000 USD
Light Distribution - FOR SALE
1/6
null | Request Cap Rate

9525 Macon Rd
Cordova, TN 38016


OVERVIEW

NAI Saig presents an exceptional industrial investment opportunity at 9525 Macon Road in Cordova, TN. Situated on 7.55 acres across two parcels, this 66,175-square-foot, fully climate-controlled facility is zoned I-H (Heavy Industrial) and offers 19'–23' clear heights with durable steel-frame construction. The property is 100% occupied with annual rent increases in place, delivering reliable income and a strong 8.19% Year 1 CAP Rate. With an asking price of $5,850,000, this asset stands out as a compelling option in one of the Memphis area’s most desirable industrial submarkets.

FOR SALE DETAILS

PRICE

$5,850,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

23 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

7.55

LAND SF

328,878

ZONING

IH

APN/PARCEL ID

D0-215-0-0417C

ASK ABOUT THIS PROPERTY

Jeff Higdon, SIORNAI Saig CompanyMore Info
901-273-2376

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Jeff Higdon, SIORNAI Saig CompanyMore Info
901-273-2376

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