Property History
CBRE is pleased to offer for sale a newly-developed industrial outdoor storage site located in the Nashville MSA and fully leased to CarMax (NASDAQ:KMX). The property features a full term 5-year net lease with 3% annual rental increases. The asset offers investors the opportunity to acquire a stable, growing cash flow stream in a sector that is seeing rapid growth from both the leasing and investment perspective.
New 5-year lease with attractive annual increases
Comprehensive site improvements with total investment more than $4M - Site to be delivered paved, fenced, and lit with a newly renovated building and top of the line landscaping.
Supports a variety of alternative IOS uses; vehicle parking, relay yard, drop lot, heavy equipment storage
Covered land play with future development potential
Strategic location just off of I-24 (+/- 86k VPD)
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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