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2050 Kefauver Dr 395,800 SF Industrial Building Milan, TN 38358 $3,950,000 ($9.98/SF)
Executive Summary
Renovations are underway. Large-scale industrial campus featuring multiple buildings, existing tenant income, and significant lease-up and development upside.
This property offers a rare opportunity to acquire nearly 400,000 square feet of industrial space on approximately 51 acres, with additional vacant space ready for repositioning and income growth.
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Property Highlights
* Approx. 395,500 SF total building area
* 5 separate buildings:
* ~250,000 SF
* ~52,000 SF
* ~48,000 SF
* ~32,000 SF
* ~13,500 SF
* Approx. 51 acres total site
* Existing tenant in place (income in place)
* Significant vacant space for lease-up
* Additional land for:
* Expansion
* Outdoor storage
* Development
* Industrial / warehouse / flex use potential
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Investment Highlights
* Value-add opportunity with major upside through lease-up
* Ability to increase NOI through stabilization
* Large contiguous site — rare in this market
* Flexible use for:
* Industrial users
* Logistics operators
* Storage / distribution
* Contractor yard / equipment storage
This property offers a rare opportunity to acquire nearly 400,000 square feet of industrial space on approximately 51 acres, with additional vacant space ready for repositioning and income growth.
?
Property Highlights
* Approx. 395,500 SF total building area
* 5 separate buildings:
* ~250,000 SF
* ~52,000 SF
* ~48,000 SF
* ~32,000 SF
* ~13,500 SF
* Approx. 51 acres total site
* Existing tenant in place (income in place)
* Significant vacant space for lease-up
* Additional land for:
* Expansion
* Outdoor storage
* Development
* Industrial / warehouse / flex use potential
?
Investment Highlights
* Value-add opportunity with major upside through lease-up
* Ability to increase NOI through stabilization
* Large contiguous site — rare in this market
* Flexible use for:
* Industrial users
* Logistics operators
* Storage / distribution
* Contractor yard / equipment storage
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Waste Management and Remediation Services
- 395,800 SF
- -
- -
Dennison is a company focused on the evolution of waste management in the United States and beyond. At Dennison, they focus on reducing expenses through recycling. They believe they have been given a stewardship over the resources of this earth. By separating the items that can be reused, they reduce the cost associated with Land filling, and lower costs, associated with manufacturing items, by placing commodities such as card board and plastic back into raw material processes.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Waste Management and Remediation Services | 395,800 SF | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 140F-F-032.00 | Improvements Assessment | $554,840 |
| Land Assessment | $134,160 | Total Assessment | $689,000 |
Property Taxes
Parcel Number
140F-F-032.00
Land Assessment
$134,160
Improvements Assessment
$554,840
Total Assessment
$689,000
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Presented by
Williams Asset Management Llc
2050 Kefauver Dr
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