For Sale
For Sale
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Year Built
1999
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Total Building Size
33,450 RSF
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Overview
Located Northeast of Memphis in Arlington, TN with close proximity to I-385. This area is in the Growth stage of the market life cycle. Neighborhood is 40% - 50 % developed with a wide variety of land uses. This single tenant net lease industrial facility just northeast of Memphis was built-to-suite for their tenant American Roller. American Roller is a $50MM+ revenue per year company. They have been the only tenant in the building and still have six years left on their current lease. The facility received a new roof in 2017 and the property sits on 7 acres of land which allows excess land for expansion. Current cap rate is 7.25% and the asking sale price is $2,400,000
Property Details
Located Northeast of Memphis in Arlington, TN with close proximity to I-385. This area is in the Growth stage of the market life cycle. Neighborhood is 40% - 50 % developed with a wide variety of land uses. This single tenant net lease industrial facility just northeast of Memphis was built-to-suite for their tenant American Roller. American Roller is a $50MM+ revenue per year company. They have been the only tenant in the building and still have six years left on their current lease. The facility received a new roof in 2017 and the property sits on 7 acres of land which allows excess land for expansion. Current cap rate is 7.25% and the asking sale price is $2,400,000
- Property TypeIndustrial
- Year Built1999
- Sale Price$2,400,000
- Total Building Size33,450RSF
- Total Acres7.0
- Sale StatusAvailable
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID2133873