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Value-Add Industrial | 130,000 SF

Excess Land | Potential for IOS

Listing Contacts

Active

Asking Price: $3,900,000
Listing Broker NameJoseph "Jody" McKibben
Address 

130 Enterprise Ln, McMinnville, TN 37110

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Date Added
Mar 7, 2025
Days on Market
104 days
Time Since Last Update
16 days

Details

Property TypeIndustrial
SubtypeManufacturing, Warehouse
Investment TypeValue Add
Square Footage130,000
Net Rentable (sq ft)130,000
Price/Sq Ft$30
OccupancyVacant
Year Built1957
ZoningI-1 Light Industrial District
Lot Size (acres)7.92
Ceiling Height16'
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Marketing Description

The AP Group of Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the industrial complex located at 130 Enterprise Lane, McMinnville, Tennessee.​ The property totals 130,000 square-feet across two sections: a one-story portion totaling 50,000 square-feet and a two-story section comprising 80,000 square-feet.​ Situated on 7.92 acres, the property is zoned Light Industrial allowing for a range of industrial and manufacturing uses.​ The property features four dock doors, a brick exterior, and clear heights of approximately 15 to 16 feet.​ Offered well below replacement cost, the property offers significant value-add opportunity by filling vacancy or is an ideal facility for an owner-user.​ Centrally positioned between Chattanooga, Nashville, and Knoxville, the property is strategically situated with excellent regional connectivity and access to key distribution hubs.​

Located in Middle Tennessee, McMinnville serves as the county seat of Warren County and is positioned between Nashville, Chattanooga, and Knoxville.​ Known as the “Nursery Capital of the World,” the city has a strong agricultural and manufacturing presence, contributing to its steady economic growth.​ McMinnville’s diverse manufacturing sector includes companies such as Bridgestone Americas Tire Operations, LLC, Yorozu Automotive, and Vilex LLC, which specialize in automotive parts and medical devices.​ The McMinnville area is home to approximately 40,000 residents, with around 13,756 living in the city itself as of 2022.​ Over the next five years, continued investment in industry and infrastructure is expected to support further population and economic expansion.​

Investment Highlights

  • Prime Investment Opportunity | 130,000 SF Industrial Manufacturing Facility in McMinnville, TN

  • Value-Add Opportunity by Filling Vacancy or Ideal for an Owner User

  • Less than 1 Mile from Highway 70S/Highway 55 | Centrally Located In Between Major Tennessee Markets

  • 65 Miles from Chattanooga, 75 Miles from Nashville, & 100 Miles from Knoxville

  • In Close Proximity to the Yorozu Automotive Manufacturing Plant | 800,000 SF Facility with Over 2,000 Employees

  • Bridgestone Recently Announced a $550 Million Expansion in Warren County | Adding 380 New Jobs

  • Strong Labor Force of 17,700+ | 3,900+ Tennesseans Employed in Advanced Manufacturing in Warren County

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Due Diligence

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Listing Contacts


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Broker of Record
Joseph "Jody" McKibben
Broker of Record: License Type
TN 307629
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