Sunbelt Rentals & Axis Machine Fabrication | 194 Frank L Diggs Dr
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Sunbelt Rentals & Axis Machine Fabrication 194 Frank L Diggs Dr
38,000 SF 100% Leased Flex Building Clinton, TN 37716 $5,537,714 ($146/SF) 7% Cap Rate
Investment Highlights
- Sunbelt Rentals is a Leader in the Equipment Rental Industry Who Continues to Expand Their Presence Throughout the Country
- The Subject Property is Strategically Located Within the Clinton I-75 Industrial Park
- Newly Renovated Building - the Subject Property Was Renovated in 2023 and Specifically Tailored to the Tenant's Needs
- Axis Fabrication & Machine is a Regional Machining, Laser Cutting, Sheet Metal and Fabrication Services With Multiple Locations
- High Growth Tax-Friendly State - Tennessee is an Income Tax Free State and is the 6th Fastest Growing State By Numeric Growth
- Two-Tenant Industrial Net Lease Asset With Minimal Landlord Responsibilities, New Leases Executed With the Last Year
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer For Sale the Sunbelt Rentals & Axis Machine Fabrication Located at 194 Frank L Diggs Drive in Clinton, TN. This Deal Includes a Two-Tenant Industrial Net Lease Asset With Minimal Landlord Responsibilities, New Leases Executed With the Last Year With Scheduled Rent Increases For Both Tenants, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Axis Fabrication
- Manufacturing
- 11,000 SF
- $8.24
- Double Net
- Aug 2028
- Sunbelt Rentals
- Manufacturing
- 27,000 SF
- $11.00
- Double Net
- Aug 2033
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Axis Fabrication | Manufacturing | 11,000 SF | $8.24 | Double Net | Aug 2028 | |
| Sunbelt Rentals | Manufacturing | 27,000 SF | $11.00 | Double Net | Aug 2033 |
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PROPERTY TAXES
| Parcel Number | 055-118.00 | Improvements Assessment | $794,920 |
| Land Assessment | $43,200 | Total Assessment | $838,120 |
PROPERTY TAXES
Parcel Number
055-118.00
Land Assessment
$43,200
Improvements Assessment
$794,920
Total Assessment
$838,120
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Stratton Greig -
Will Beightol -
Thomas Miller -
Austin Marsh -
Thomas Gorman -
Sands Investment Group Austin, LLC
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Sunbelt Rentals & Axis Machine Fabrication | 194 Frank L Diggs Dr
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