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GCP Applied Technologies, Inc. 2206 Oakland Pky 162,934 SF 100% Leased Industrial Building Columbia, TN 38401 For Sale



INVESTMENT HIGHLIGHTS
- NNN Leased Industrial Investment Opp. | Offer is due 5:00 PM CST on Thursday, November 13th.
- The tenant recently executed a new 10-year NNN lease starting at $7.25/SF with 2.5% annual rent increases and two 5-year renewal options.
- This facility is equipped with 21 dock doors, 9 drive in doors and clear heights ranging from ±16 Ft to ±27 Ft.
- Fully equipped with a 100% wet sprinkler system supported by a 1,500 GPM electric fire pump.
EXECUTIVE SUMMARY
NNN Leased Industrial Investment Opp. | Offer is due 5:00 PM CST on Thursday, November 13th.
2206 Oakland Parkway in Columbia, TN presents an exceptional opportunity to acquire a ±162,934 SF industrial facility on ±15.49 acres, 100% leased to GCP Applied Technologies, Inc. This facility is equipped with 21 dock doors, 9 drive in doors and clear heights ranging from ±16 Ft to ±27 Ft.
The tenant recently executed a new 10-year NNN lease starting at $7.25/SF with 2.5% annual rent increases and two 5-year renewal options. This offering delivers a stable yield in the expanding Middle Tennessee industrial market, just 45 miles south of Nashville.
2206 Oakland Parkway in Columbia, TN presents an exceptional opportunity to acquire a ±162,934 SF industrial facility on ±15.49 acres, 100% leased to GCP Applied Technologies, Inc. This facility is equipped with 21 dock doors, 9 drive in doors and clear heights ranging from ±16 Ft to ±27 Ft.
The tenant recently executed a new 10-year NNN lease starting at $7.25/SF with 2.5% annual rent increases and two 5-year renewal options. This offering delivers a stable yield in the expanding Middle Tennessee industrial market, just 45 miles south of Nashville.
PROPERTY FACTS
| Sale Type | Investment NNN | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1984 |
| Property Subtype | Distribution | Clear Ceiling Height | 27’ |
| Building Class | C | No. Dock-High Doors/Loading | 21 |
| Lot Size | 15.49 AC | No. Drive In / Grade-Level Doors | 9 |
| Rentable Building Area | 162,934 SF | ||
| Zoning | Industrial | ||
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 15.49 AC |
| Rentable Building Area | 162,934 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Clear Ceiling Height | 27’ |
| No. Dock-High Doors/Loading | 21 |
| No. Drive In / Grade-Level Doors | 9 |
| Zoning | Industrial |
AMENITIES
- Security System
- Signage
- Common Parts WC Facilities
- Monument Signage
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PROPERTY TAXES
| Parcel Number | 101-034.01 | Improvements Assessment | $836,200 |
| Land Assessment | $160,160 | Total Assessment | $996,360 |
PROPERTY TAXES
Parcel Number
101-034.01
Land Assessment
$160,160
Improvements Assessment
$836,200
Total Assessment
$996,360
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GCP Applied Technologies, Inc. | 2206 Oakland Pky
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