5640 Airline Rd
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5640 Airline Rd
58,203 SF 100% Leased Office Building Arlington, TN 38002 $4,750,000 ($82/SF)
Executive Summary
Colliers International, as exclusive advisor, is pleased to present to investors the two (2) story office building located at 5640 Airline Road located in Arlington, TN. The building is 59,355 square feet and was originally built by Wright Medical as its headquarters building. MicroPort subsequently bought the office building, and it served as its headquarters. Most recently, Ford Blue Oval SK leased most of the building on a short-term lease while it completes its new location.
The building presents a tremendous opportunity for an investor or owner/user to purchase a building in the heart of Arlington, TN. Arlington, TN is well situated in southwest Tennessee, with air, road, rail and river connections close by. The Town sits on the eastern edge of Shelby County at the crossroads of two major transportation routes: I-40 and I-269. Beyond its exceptional road access, the Town is also roughly 30 miles from Memphis International Airport and the Port of Memphis. Located approximately 16 miles from Ford Blue Oval, the Megasite is estimated to cost $5.6 billion to construct and will employ ~6,000 people.
The building presents a tremendous opportunity for an investor or owner/user to purchase a building in the heart of Arlington, TN. Arlington, TN is well situated in southwest Tennessee, with air, road, rail and river connections close by. The Town sits on the eastern edge of Shelby County at the crossroads of two major transportation routes: I-40 and I-269. Beyond its exceptional road access, the Town is also roughly 30 miles from Memphis International Airport and the Port of Memphis. Located approximately 16 miles from Ford Blue Oval, the Megasite is estimated to cost $5.6 billion to construct and will employ ~6,000 people.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
58,203 SF
Building Class
B
Year Built/Renovated
1986/1994
Price
$4,750,000
Price Per SF
$82
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
58,203 SF
Building FAR
0.33
Lot Size
3.99 AC
Zoning
O
Parking
245 Spaces (4.21 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | A0-142-0-0405 | Improvements Assessment | $5,049,400 |
Land Assessment | $613,800 | Total Assessment | $5,663,200 |
PROPERTY TAXES
Parcel Number
A0-142-0-0405
Land Assessment
$613,800
Improvements Assessment
$5,049,400
Total Assessment
$5,663,200
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5640 Airline Rd
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