201 Whitsett Rd
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201 Whitsett Rd
34,000 SF Industrial Building Nashville, TN 37210 $8,100,000 ($238/SF)
Investment Highlights
- Infill industrial property
- New long-term NNN lease
Executive Summary
201 Whitsett Rd is a wonderful infill industrial located in the heart of Nashville, TN. The building is leased to a single user through 2030. The property was leased at market rate in 2023 and enjoys 4.25% annual bumps, making this a perfect fit for anyone investor looking for current stable cash flow with significant future upside.
The property is well located to take advantage of Nashville's growth. 201 Whitsett is an infill industrial building that is situated with easy access to three major interstates and along one of the cities primary growth arteries, Nolesnville Pike. This will provide tremendous upside when releasing the space in 2030 or could be utilized to redevelop or reposition the property at that time.
Hamilton Creek Partners is offering seller financing on this deal. Terms to be negotiated with buyer.
The property is well located to take advantage of Nashville's growth. 201 Whitsett is an infill industrial building that is situated with easy access to three major interstates and along one of the cities primary growth arteries, Nolesnville Pike. This will provide tremendous upside when releasing the space in 2030 or could be utilized to redevelop or reposition the property at that time.
Hamilton Creek Partners is offering seller financing on this deal. Terms to be negotiated with buyer.
Property Facts
| Price | $8,100,000 | No. Stories | 1 |
| Price Per SF | $238 | Year Built/Renovated | 1988/2023 |
| Sale Type | Investment NNN | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.74/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18 FT |
| Building Class | B | No. Dock-High Doors/Loading | 4 |
| Lot Size | 1.69 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 34,000 SF |
| Price | $8,100,000 |
| Price Per SF | $238 |
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.69 AC |
| Rentable Building Area | 34,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1988/2023 |
| Tenancy | Single |
| Parking Ratio | 0.74/1,000 SF |
| Clear Ceiling Height | 18 FT |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Fenced Lot
- Storage Space
- Monument Signage
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PROPERTY TAXES
| Parcel Number | 119-10-0-234 | Improvements Assessment | $1,117,400 |
| Land Assessment | $235,560 | Total Assessment | $1,352,960 |
PROPERTY TAXES
Parcel Number
119-10-0-234
Land Assessment
$235,560
Improvements Assessment
$1,117,400
Total Assessment
$1,352,960
zoning
| Zoning Code | IWD (zoned for industrial use) |
| IWD (zoned for industrial use) |
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201 Whitsett Rd
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