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1221 S Willow Ave 14,450 SF Office Building Cookeville, TN 38506 $5,000,000 ($346.02/SF) 7% Cap Rate
Executive Summary
Opportunities endless - approximately 500 yards Interstate 40 and The Willows Development (Target, HomeDepot, In-N-Out, Chuy's Tex Mex, ect). Corner Lot at red-light Willow Ave and Gold Ave. Largest development currently taking place in Cookeville, Tn.
Significant street infrastructure upgrades to handle exceptional traffic increases anticipated with development opening.
1.3 acres, 14,500 sq ft building.
AVAILABLE FOR LEASE OR SALE
This property immediately available for lease or sale.
Significant street infrastructure upgrades to handle exceptional traffic increases anticipated with development opening.
1.3 acres, 14,500 sq ft building.
AVAILABLE FOR LEASE OR SALE
This property immediately available for lease or sale.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Building Size
14,450 SF
Building Class
C
Year Built
1986
Price
$5,000,000
Price Per SF
$346.02
Cap Rate
7%
NOI
$350,000
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,225 SF
Building FAR
0.24
Lot Size
1.38 AC
Zoning
CI - The CI District is intended to accommodate a mixture of compatible commercial and light industrial developments.
Parking
60 Spaces (4.15 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Reception
- Central Heating
- Partitioned Offices
- Shower Facilities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cookeville Evironmental Field
- Public Administration
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cookeville Evironmental Field | Public Administration | - | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 065-102.11 | Improvements Assessment | $514,880 |
| Land Assessment | $88,400 | Total Assessment | $603,280 |
Property Taxes
Parcel Number
065-102.11
Land Assessment
$88,400
Improvements Assessment
$514,880
Total Assessment
$603,280
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Brandon Smith
1221 S Willow Ave
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