industrial property for sale | 1800 tenntex drive€¦ · property highlights • clean,...

1800 TENNTEX DRIVE9 4 , 4 0 0 S F | 7 . 0 4 A C | W A R E H O U S E

I N D U S T R I A L P R O P E R T Y F O R S A L E | C O O K E V I L L E , T N

21800 TENNTEX DRIVE | FOUNDRY COMMERCIALPROPERT Y DETAILS & PHOTOGR APHS

PROPERTY HIGHLIGHTS

• Clean, move-in-ready, warehouse space

• Immediate access to I-40

• Six dock doors and one drive-in door

• Ample parking & lay-down yard

• Adjacent to FedEx distribution facility on Tenntex Drive Tenntex Drive

FEDEX GROUND

APHENAPHARMA

600’

500’

560’

520’

170’

1800 TENNTEX

DRIVE

94,400 SF on7.04 AC Site

PROPERTY DETAILS

Purchase Price $2,450,000

Improvements 94,400 SF Existing Warehouse

Address 1800 Tenntex Drive | I-40 W at TN-111

Market Cookeville, Putnam Co, TN

Site Size 7.04 Acres

Zoning CI - Commercial Industrial Mixed-Use

Construction Type

Concrete Slab Foundation, Steel Framing, Prefab Corrugated Metal

Year Built 2003

Roof 3-Year-Old Standing Seam Metal Roof

Lighting Metal Halide Lighting

Dock Access 6 Dock Doors | 1 Drive-In Door

Clear Height 42’-6” Center | 24’ Midway | 15’-6” Eave

Utilities All Available

31800 TENNTEX DRIVE | FOUNDRY COMMERCIAL

300’

20’

316’

6 DOCK DOORS (8’x8’)

EXISTING OFFICE

EXISTING OFFICES & RESTROOMS

POTENTIAL DOCK EXPANSION AREAEXISTING DOCK

TENNTEXDRIVE

FEDEX

DISTRIBUTION FACILITY

AMPLE PARKING

& LAY-DOWN

YARD

48’

48’

48’-5”

48’-5”

120’DRIVE-INDOOR (14’x14’)

(42’-6” CLEAR HEIGHT)

(25’ CLEAR HEIGHT)

(15’-6” CLEAR HEIGHT)

SITE & BUILDING PAN

41800 TENNTEX DRIVE | FOUNDRY COMMERCIALOVERVIEW OF COOKEVILLE

COOKEVILLE, TENNESSEE

Cookeville is located between three of Tennessee’s four major metropolitan areas - Nashville, Knoxville, and Chattanooga - and has excellent access to interstate systems.

Interstate 40 runs from east to west through the center of the region, and Highway 111 runs from north to south. These roadways provide essential access to the majority of the people who live in the Upper Cumberland.

• Population of 31,831 (2015)

• 80 miles east of Nashville

• 100 miles west of Knoxville

• County seat of Putnam County, population 75,391 (2016)

MAJOR EMPLOYERS IN COOKEVILLE REGION

Company Product/Service Employees

Perdue Poultry processing 975

Cummins Filtration Heavy duty filters 670

FICOSA Automotive parts 609

Academy Sports Retail distribution 450

Flowserve Valves distribution 300

TII Oreck Vacuum cleaners 285

Transtar Industries Automotive parts 235

IWC Food distribution 185

Aphena Pharma Pharmaceuticals 180

COOKEVILLE

Tennessee TechUniversity

1800 TENNTEX

40

40

4040

TN

Hw

y 11

1

TN H

wy

111

Hwy 70 N / Spring St

Hwy 70 N / Spring St

80 Miles to Nashville

100 Miles to Knoxville

3,138,721 SF INDUSTRIAL MARKET

SIZE FOR BLDGS OVER 10K SF

50 EXISTING

INDUSTRIAL PROPERTIES OVER 10K SF

$3.68AVG NET RENT PSF FOR INDUSTRIAL

76%OF THE US

POPULATION WITHIN A DAY’S

DRIVE

5.5%INDUSTRIAL

VACANCY RATE

NASHVILLE KNOXVILLE

CHATTANOOGACOOKEVILLE

40

111

51800 TENNTEX DRIVE | FOUNDRY COMMERCIAL

1800 TENNTEX

DRIVE

To I-40 E

To Cookevillevia I-40 W

From I-40 W

FedExGround

Super Truck & Travel Plaza

ProBuild

AphenaPharma

Solutions

CumminsFiltration

Transtar Industries

Cookeville

AverittExpress

From Cookeville via I-40 E

I-40I-40

TN-1

11

TN-111

Salem Rd Tenntex Dr

ACCESS MAP & NEIGHBORING INDUSTRIAL PROPERTIES

80 Miles to Nashville 100 Miles to Knoxville

RICK HELTONAdvisory Services

(o) 615 324 0785Rick.Helton@foundrycommercial.com

ANDREW MAXWELLAdvisory Services

(o) 615 324 0793Andrew.Maxwell@foundrycommercial.com

1800 TENNTEX DRIVE9 4 , 4 0 0 S F | 7 . 0 4 A C | W A R E H O U S E