SUNBELT RENTALS 455 Inman St W
10,656 SF Industrial Building Cleveland, TN 37311 $2,121,800 ($199/SF) 6% Cap Rate
Investment Highlights
- Strong Corporate Guarantee - Sunbelt Rentals is one of the largest equipment rental companies in North America with over 1,100 locations nationwide
- Spacious Lot – Sitting on a lot of 3.37 acres, the Building/Lot Coverage ratio is 7.25% offering ample industrial yard space.
- Ease Of Access – Located off Inman St, a main corridor through Cleveland, and connecting to I-75 and other major highways
- Increased Cash-flow – Sunbelt just signed a brand new 10-year lease at the location in 2022 with built in 3% annual increases.
- Significant Tenant Capital Contribution - Sunbelt Rentals is investing over $1,000,000 of their own money to the sites construction cost
- Recently Renovated – The 10,656 SF Building was recently renovated in 2023.
Executive Summary
Broker of Record
Hutt Cooke
License No. 263667 (TN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Hutt Cooke
License No. 263667 (TN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Amenities
- Storage Space
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 of 1
Walk Score ®
Very Walkable (71)
zoning
Zoning Code | IH (Heavy Industrial) |