Industrial Portfolio - Smyrna, TN

251 Mayfield Drive Smyrna, TN

  • 581,000 Square Feet
  • Industrial
  • For Sale

Summary Description

The construction of the buildings are a mix of concrete tilt up and brick/steel construction ranging from 1980-2000. The tenants include several Nissan suppliers and manufacturing partners such as Valeo, Kasai and TOPY America, who have been staples in the area for over twenty years. Rutherford county has been on a record setting growth pace for years. It has enjoyed the momentum of Nashville’s tremendous growth over the past decade. Major employers in the area include Nissan, Amazon, Asurion, and Bridgestone. More than 3,000 new jobs were created in 2016 alone. Rutherford county was ranked fifth in the US in 2016 for job growth.

Area Available: 581,000 Square Feet

Features:

  • Located in leading submarket in Nashville
  • Continued rise in rents as vacancy dwindles below 3.5%
  • Close proximity to Nissan's North American manufacutring facility
  • Currentlly at 95% occupancy
  • Contact agent to view the OM
  • Top industrial location in NashvillePurchase below replacement cost in land constrained submarket
  • Tenant base directly related to local economy
  • Dependable diversified income stream
  • Varied tenant sizes allow for new ownership to grow tenants within portfolio
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