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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
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 | Lot Size | 7.55 AC |
| Price Per SF | $88.40 | Rentable Building Area | 66,175 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.19% | Year Built | 1985 |
| Property Type | Flex | Parking Ratio | 1.21/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 23’ |
| Building Class | B | ||
| Zoning | IH - Heavy Industrial - Allows for a very wide variety of uses | ||
| 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
1 1
Property Taxes
| Parcel Number | D0-215-0-0417C | Improvements Assessment | $992,080 |
| Land Assessment | $206,000 | Total Assessment | $1,198,080 |
Property Taxes
Parcel Number
D0-215-0-0417C
Land Assessment
$206,000
Improvements Assessment
$992,080
Total Assessment
$1,198,080
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