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Office Warehouse

VALUE ADD - 8408 Gulf View Drive. Soddy Daisy, TN

8408 Gulf View Dr, Soddy-Daisy, TN 37379

Listing Price: $1,992,000

Cap Rate
5.99%
Gross SF
24,000
Price/Gross SF
$83.00
Lot Size
1.25 acres
Year Built
2006
Rentable SF
24,000

Investment Overview

8408 Gulf View Drive is a one story industrial building with below market rent in Soddy Daisy, Tennessee. Built in 2006 the property features a reinforced concrete floor, 20 foot building height and 3000 sf of Class A office space. 5 grade level, 12 x 12 ft roll-up doors provide easy access into the 24,000 sf warehouse.

Investment Highlights

  • Fully Occupied 24,000 sqft - Value Add Industrial
  • Below Market Rents
  • Unrealized Expense Recapture: 50% TAX / INS.
  • Proforma : 7.25%

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Office Warehouse

VALUE ADD - 8408 Gulf View Drive. Soddy Daisy, TN

Listing Price: $1,992,000

Cap Rate
5.99%
Gross SF
24,000
Price/Gross SF
$83.00
Lot Size
1.25 acres
Year Built
2006
Rentable SF
24,000

Investment Highlights

  • Fully Occupied 24,000 sqft - Value Add Industrial
  • Below Market Rents
  • Unrealized Expense Recapture: 50% TAX / INS.
  • Proforma : 7.25%

Investment Overview

8408 Gulf View Drive is a one story industrial building with below market rent in Soddy Daisy, Tennessee. Built in 2006 the property features a reinforced concrete floor, 20 foot building height and 3000 sf of Class A office space. 5 grade level, 12 x 12 ft roll-up doors provide easy access into the 24,000 sf warehouse.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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