1300 Salem Rd | Cookeville, TN 38506
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- LoopNet Team
1300 Salem Rd
Cookeville, TN 38506
Office Property For Sale
Investment Highlights
- Prime investment opportunity in southern Cookeville with direct access to State Route 111 and only minutes to I-40.
- Stable cash flow perfect for an absentee owner in a mission-critical location, providing an excellent likelihood of renewal.
- Single-tenant building occupied by AA credit tenant for the last 21 years with four years remaining on their initial term.
- The building was built-out to suit the tenant in 2015, and a net lease is in place with the tenant covering all utilities and janitorial.
PROPERTY FACTS
Property Type
Office
Building Size
26,367 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Typical Floor Size
26,367 SF
Building FAR
0.09
Lot Size
6.83 AC
Zoning
LM - Light Manufacturing
Parking
134 Spaces (5.08 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 083-052.05 | Improvements Assessment | $671,480 |
| Land Assessment | $101,160 | Total Assessment | $772,640 |
PROPERTY TAXES
Parcel Number
083-052.05
Land Assessment
$101,160
Improvements Assessment
$671,480
Total Assessment
$772,640
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