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9525 Macon Rd 66,175 SF 100% Leased Flex Building Cordova, TN 38016 $5,850,000 ($88.40/SF) 8.19% Cap Rate

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EXECUTIVE SUMMARY

NAI Saig presents an exceptional industrial investment opportunity at 9525 Macon Road in Cordova, TN. Situated on 7.55 acres across two parcels, this 66,175-square-foot, fully climate-controlled facility is zoned I-H (Heavy Industrial) and offers 19'–23' clear heights with durable steel-frame construction. The property is 100% occupied with annual rent increases in place, delivering reliable income and a strong 8.19% Year 1 CAP Rate. With an asking price of $5,850,000, this asset stands out as a compelling option in one of the Memphis area’s most desirable industrial submarkets.

PROPERTY FACTS

Price $5,850,000
Price Per SF $88.40
Sale Type Investment
Cap Rate 8.19%
Property Type Flex
Property Subtype Light Distribution
Building Class B
Lot Size 7.55 AC
Rentable Building Area 66,175 SF
No. Stories 1
Year Built 1985
Parking Ratio 1.21/1,000 SF
Clear Ceiling Height 23’
Zoning IH - Heavy Industrial - Allows for a very wide variety of uses

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
D0-215-0-0417C
Land Assessment
$206,000
Improvements Assessment
$992,080
Total Assessment
$1,198,080
  • Listing ID: 39000128

  • Date on Market: 1/7/2026

  • Last Updated:

  • Address: 9525 Macon Rd, Cordova, TN 38016

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