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801 Garrett Pky 56,070 SF 100% Leased Industrial Building Lewisburg, TN 37091 $7,989,931 CAD ($142.50 CAD/SF) 6% Cap Rate
Executive Summary
Single-tenant industrial investment opportunity in Lewisburg, TN. The property is leased to a national environmental services and recycling company on a long-term 15-year NNN lease, with 14 years remaining and 3% annual rent escalations, providing stable, predictable income with minimal landlord responsibilities.
The facility offers functional industrial design suitable for processing, distribution, or light manufacturing operations, supported by a tenant with a long-term commitment to the location. This asset is well-suited for 1031 exchange buyers, private investors, and net-lease funds seeking cash flow backed by a passive, inflation-hedged lease structure.
A rare opportunity to acquire a long-term NNN industrial investment in a growing Middle Tennessee market.
The facility offers functional industrial design suitable for processing, distribution, or light manufacturing operations, supported by a tenant with a long-term commitment to the location. This asset is well-suited for 1031 exchange buyers, private investors, and net-lease funds seeking cash flow backed by a passive, inflation-hedged lease structure.
A rare opportunity to acquire a long-term NNN industrial investment in a growing Middle Tennessee market.
Property Facts
| Price | $7,989,931 CAD | Lot Size | 4.15 AC |
| Price Per SF | $142.50 CAD | Rentable Building Area | 56,070 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6% | Year Built | 1984 |
| Property Type | Industrial |
| Price | $7,989,931 CAD |
| Price Per SF | $142.50 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6% |
| Property Type | Industrial |
| Lot Size | 4.15 AC |
| Rentable Building Area | 56,070 SF |
| No. Stories | 1 |
| Year Built | 1984 |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 071-036.00 | Improvements Assessment | $492,171 CAD |
| Land Assessment | $21,181 CAD | Total Assessment | $513,352 CAD |
Property Taxes
Parcel Number
071-036.00
Land Assessment
$21,181 CAD
Improvements Assessment
$492,171 CAD
Total Assessment
$513,352 CAD
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801 Garrett Pky
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