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Prinova 4637 Port Royal Rd 330,484 SF Industrial Building Spring Hill, TN 37174 $53,000,000 ($160.37/SF) 6.40% Cap Rate

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Investment Highlights

  • 330,000 SF industrial facility in Spring Hill’s growing manufacturing corridor
  • 3.5% annual rent increases for built-in cash flow growth.
  • Strategically near GM Spring Hill complex with strong regional connectivity.
  • 10-year lease with Prinova, a globally recognized tenant.
  • 6.4% cap rate offering attractive yield.
  • High-growth submarket with strong workforce and industrial demand.

Executive Summary

Fortis Net Lease is pleased to present a prime investment opportunity in the heart of Spring Hill, TN. This institutional-quality asset consists of a modern 330,000 square foot industrial facility positioned in one of Middle Tennessee’s strongest manufacturing and distribution corridors. The property is secured by a long-term 10-year lease with Prinova, a globally recognized ingredients and nutrition solutions company, providing investors with durable cash flow backed by an established corporate tenant.
The lease is structured with attractive 3.5% annual rent increases, delivering built-in income growth and strong inflation protection over the hold period. Offered at a 6.4% cap rate, this investment provides a compelling combination of yield and long-term stability. Located in Spring Hill—one of the fastest-growing industrial hubs south of Nashville—the property benefits from excellent access to I-65, a skilled workforce, and proximity to major manufacturing operations, including the General Motors complex.
This offering represents a rare opportunity to acquire a large-scale, mission-critical industrial facility leased to a high-quality tenant in a thriving regional market.

Attachments

Brochure

Property Facts

Price $53,000,000
Price Per SF $160.37
Sale Type Investment
Cap Rate 6.40%
Property Type Industrial
Property Subtype Distribution
Building Class B
Lot Size 91.20 AC
Rentable Building Area 330,484 SF
No. Stories 1
Year Built 2001
Tenancy Single
Parking Ratio 0.63/1,000 SF
Clear Ceiling Height 38’8”
No. Dock-High Doors/Loading 46
No. Drive In / Grade-Level Doors 2
Zoning I-1 - Industrial

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City

Property Taxes

Property Taxes

Parcel Number
028-010.03
Land Assessment
$443,520
Improvements Assessment
$5,553,880
Total Assessment
$5,997,400
  • Listing ID: 39334490

  • Date on Market: 2/5/2026

  • Last Updated:

  • Address: 4637 Port Royal Rd, Spring Hill, TN 37174

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