Description
180 Mount Paran is a prime industrial commercial opportunity in Jacksboro, TN. This property currently sits on 4.74 Acres which would allow for future expansion if desired (possible self storage for RV/boating with lake nearby). It currently has 53,875 sq. ft. of space that is 100% occupied with upcoming renewals allows for immediate value-add opportunity by raising rents. Two of the three leases expire in under twelve months. Current rents are under market value. Each space is separately metered for electric. It has a security gate with 24 hour access, 4 dock bays; 6 Drive in bays; 3-phase power; 480 AMP. This property also includes 3,645 Sq. ft. of updated office space. At current price, over 8% cap rate. Contact agent for showing dates and times.
School Ratings & Info
Description
180 Mount Paran is a prime industrial commercial opportunity in Jacksboro, TN. This property currently sits on 4.74 Acres which would allow for future expansion if desired (possible self storage for RV/boating with lake nearby). It currently has 53,875 sq. ft. of space that is 100% occupied with upcoming renewals allows for immediate value-add opportunity by raising rents. Two of the three leases expire in under twelve months. Current rents are under market value. Each space is separately metered for electric. It has a security gate with 24 hour access, 4 dock bays; 6 Drive in bays; 3-phase power; 480 AMP. This property also includes 3,645 Sq. ft. of updated office space. At current price, over 8% cap rate. Contact agent for showing dates and times.
Properties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Nashville on the Move | Keller Williams® Realty, (615) 425-3600). IDX information © 2023 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Nashville on the Move | Keller Williams® Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-12-11T12:05:49.827.
Based on information submitted to the MLS GRID as of 2023-12-11T12:05:49.827. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
Offered by Coldwell Banker Southern Realty: 7167489567.
Copyright 2023 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.