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Sunbelt Cold Distribution Center 2929 Stateline Rd 758,383 SF 37% Leased Industrial Building Southaven, MS 38671 For Sale

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INVESTMENT HIGHLIGHTS

  • Sunbelt Cold Distribution Center offers distribution and warehouse solutions near the border of Tennessee and Mississippi.
  • On-site property features include ample dry, cooler, and freezer storage space, a standalone office, and a standalone truck maintenance facility.
  • Situated on an expansive 53-acre site with rail access potential, benefit from fenced-in truck courts and parking for standard-sized vehicles.
  • Available for investment or owner/user occupancy and located within minutes of I-55, I-240, and I-40 access, near intermodal distribution facilities.

EXECUTIVE SUMMARY

Sunbelt Cold Distribution Center at 2929 Stateline Road is a well-equipped distribution and storage facility in Southaven, Mississippi. In a class of its own in the Mid-South, this facility sits in a highly accessible location on the border of Tennessee and Mississippi with superior connectivity to major highways.

The building contains over 758,000 square feet and is located on an expansive 53-acre site. Property features include warehouse space with racking, a standalone office, a standalone truck maintenance facility, and ample space for dry, cooler, and freezer storage. The warehouse is equipped with 98 dock doors, up to 28-foot ceiling heights in the dry warehouse, up to 36-foot ceiling heights in the freezer and cooler warehouse, and a drive-in door to meet all distribution and storage needs. The property also offers potential for rail access and fenced-in truck courts that can accommodate up to approximately 260 trailers (expandable) and parking for approximately 440 standard-sized vehicles.

Sunbelt Cold Distribution Center is strategically located 2.2 miles from Interstate 55, 8.2 miles from Interstate 240, and 20 miles from Interstate 40 access. Surrounding points of interest within a 13-mile radius include FedEx, UPS, the CSX Intermodal Yard, the BNSF Intermodal Yard, and the FedEx Ground DeSoto facility. Southaven, Mississippi, boasts a robust and well-trained industrial labor pool and benefits from lower labor costs and a more affordable cost of living relative to competitive markets. Properties are assessed at only 15% in Mississippi compared to 40% in Tennessee, resulting in significantly lower taxes in Mississippi.

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Refrigeration/Cold Storage
Building Class B
Lot Size 53.00 AC
Rentable Building Area 758,383 SF
No. Stories 1
Year Built 1973
Parking Ratio 0.58/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 98
No. Drive In / Grade-Level Doors 1
Zoning M-1 - Limited Industrial

AMENITIES

  • Cooler
  • Fenced Lot
  • Freezer (Space)
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 100,000-478,139 SF
  • Industrial
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 100,000-478,139 SF Industrial - Now

1st Floor

Size
100,000-478,139 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 100,000-478,139 SF
Space Use Industrial
Condition -
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1085220100003400
Land Assessment
$193,929 CAD
Improvements Assessment
$5,476,693 CAD
Total Assessment
$5,670,622 CAD
  • Listing ID: 29157671

  • Date on Market: 2023-08-01

  • Last Updated:

  • Address: 2929 Stateline Rd, Southaven, MS 38671

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