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116 Tellico Industry Rd 108,237 SF 100% Leased Industrial Building Tellico Plains, TN 37385 $3,750,000 ($34.65/SF) 8.64% Cap Rate
Executive Summary
116 Tellico Industry Road presents a fully leased industrial investment opportunity in Tellico Plains, Tennessee, featuring approximately 108,237 SF of industrial space on an expansive 18.23-acre site. The property is occupied by a long-term single tenant, providing stable in-place cash flow, while an additional ground lease generates supplemental income through annual renewals.
The site includes two adjoining industrial buildings constructed in 1966 and 1987, offering a functional layout suited for manufacturing, warehousing, and distribution operations. Building features include clear heights ranging from 12'8" to 18'3", eight exterior dock-high doors, one drive-in door, truck wells, and a wet sprinkler system, supporting efficient industrial use. Durable masonry construction and flexible infrastructure further enhance the property’s long-term utility and tenant appeal.
Strategically positioned within the Tellico Plains industrial market, the property benefits from a substantial land component that supports truck circulation, outdoor storage, and future operational flexibility. Combined with established tenancy, supplemental ground lease income, and versatile industrial improvements, 116 Tellico Industry Road represents an attractive stabilized investment opportunity with reliable cash flow and strong long-term occupancy potential.
The site includes two adjoining industrial buildings constructed in 1966 and 1987, offering a functional layout suited for manufacturing, warehousing, and distribution operations. Building features include clear heights ranging from 12'8" to 18'3", eight exterior dock-high doors, one drive-in door, truck wells, and a wet sprinkler system, supporting efficient industrial use. Durable masonry construction and flexible infrastructure further enhance the property’s long-term utility and tenant appeal.
Strategically positioned within the Tellico Plains industrial market, the property benefits from a substantial land component that supports truck circulation, outdoor storage, and future operational flexibility. Combined with established tenancy, supplemental ground lease income, and versatile industrial improvements, 116 Tellico Industry Road represents an attractive stabilized investment opportunity with reliable cash flow and strong long-term occupancy potential.
Property Facts
| Price | $3,750,000 | Rentable Building Area | 108,237 SF |
| Price Per SF | $34.65 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1966 |
| Cap Rate | 8.64% | Parking Ratio | 1.49/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 8 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 14.00 AC | Opportunity Zone |
Yes
|
| Zoning | GC - General Commercial | ||
| Price | $3,750,000 |
| Price Per SF | $34.65 |
| Sale Type | Investment |
| Cap Rate | 8.64% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 14.00 AC |
| Rentable Building Area | 108,237 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Parking Ratio | 1.49/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | GC - General Commercial |
Amenities
- Fenced Lot
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 136-005.00 | Improvements Assessment | $305,120 |
| Land Assessment | $47,000 | Total Assessment | $352,120 |
Property Taxes
Parcel Number
136-005.00
Land Assessment
$47,000
Improvements Assessment
$305,120
Total Assessment
$352,120
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