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502 S Anderson St
Tullahoma, TN 37388
Specialty Property For Sale
·
1,586 SF


EXECUTIVE SUMMARY
ADDRESS
502 S Anderson Street
Tullahoma, TN 37388
AVAILABLE
± 4,640 SF
Self Storage unit mix:
5×12 (10)
10×12 (18)
10×24 (2)
35×40 (office)
ABOUT THE PROPERTY
T-Town Storage at 502 S Anderson Street in Tullahoma, TN is a well-maintained self-storage facility currently operating at 90% occupancy. The property offers 30 non-climate controlled storage units and an office/warehouse space currently leased to a local concrete applications business.
PROPERTY HIGHLIGHTS:
Storage units with consistently low vacancy rates
Approximate NOI: $32,565
Flex warehouse space leased at $750/month (tenant covers utilities and Wi-Fi for building cameras)
Recent upgrades: New paint, HVAC for office, 4 new security cameras, and recently maintenanced roof.
Current owner open to continued management for a fee
502 S Anderson Street
Tullahoma, TN 37388
AVAILABLE
± 4,640 SF
Self Storage unit mix:
5×12 (10)
10×12 (18)
10×24 (2)
35×40 (office)
ABOUT THE PROPERTY
T-Town Storage at 502 S Anderson Street in Tullahoma, TN is a well-maintained self-storage facility currently operating at 90% occupancy. The property offers 30 non-climate controlled storage units and an office/warehouse space currently leased to a local concrete applications business.
PROPERTY HIGHLIGHTS:
Storage units with consistently low vacancy rates
Approximate NOI: $32,565
Flex warehouse space leased at $750/month (tenant covers utilities and Wi-Fi for building cameras)
Recent upgrades: New paint, HVAC for office, 4 new security cameras, and recently maintenanced roof.
Current owner open to continued management for a fee
PROPERTY FACTS
| Sale Type | Investment or Owner User | Lot Size | 0.24 AC |
| Cap Rate | 8.32% | Building Size | 1,586 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 1983 |
| Building Class | C | Parking Ratio | 10.72/1,000 SF |
| Zoning | C2 | ||
| Sale Type | Investment or Owner User |
| Cap Rate | 8.32% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 1,586 SF |
| No. Stories | 1 |
| Year Built | 1983 |
| Parking Ratio | 10.72/1,000 SF |
| Zoning | C2 |
PROPERTY TAXES
| Parcel Number | 124N-F-010.00 | Improvements Assessment | $51,353 CAD |
| Land Assessment | $22,401 CAD | Total Assessment | $73,754 CAD |
PROPERTY TAXES
Parcel Number
124N-F-010.00
Land Assessment
$22,401 CAD
Improvements Assessment
$51,353 CAD
Total Assessment
$73,754 CAD
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