Building 1 | 230 E Wall St
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Building 1 230 E Wall St
32,500 SF Industrial Building Cookeville, TN 38506 $2,350,000 ($72/SF) 7.71% Cap Rate
Investment Highlights
- Strong Submarket Fundamentals - The Cookeville-Putnam County Chamber of Commerce
- High Quality Facility – This single-tenant industrial building has been professionally
- Irreplaceable Location – The property is located near the heavily trafficked Highway 111
- The tenant recently signed a 5-year original lease. Passive Lease
- Strong Demographics – Within the surrounding 5-miles, the population is projected to grow steadily over the next 5 years
Executive Summary
Broker of Record
Kyle Matthews
License No. 263667 (TN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. 263667 (TN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
| Price | $2,350,000 | Rentable Building Area | 32,500 SF |
| Price Per SF | $72 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1960/2022 |
| Cap Rate | 7.71% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.17/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 20 FT |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 3.29 AC | No. Drive In / Grade-Level Doors | 4 |
| Price | $2,350,000 |
| Price Per SF | $72 |
| Sale Type | Investment |
| Cap Rate | 7.71% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 3.29 AC |
| Rentable Building Area | 32,500 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2022 |
| Tenancy | Single |
| Parking Ratio | 1.17/1,000 SF |
| Clear Ceiling Height | 20 FT |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 4 |
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PROPERTY TAXES
| Parcel Number | 026N-J-005.00 | Improvements Assessment | $287,920 |
| Land Assessment | $30,000 | Total Assessment | $317,920 |
PROPERTY TAXES
Parcel Number
026N-J-005.00
Land Assessment
$30,000
Improvements Assessment
$287,920
Total Assessment
$317,920
zoning
| Zoning Code | IL (Light Industrial) |
| IL (Light Industrial) |
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Jay Reeves -
Harrison Auerbach -
Matthews Real Estate Investment Services
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Building 1 | 230 E Wall St
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