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For Sale | 204 Red Rd

Multi-Tenant Industrial Investment Opportunity

Listing Contacts

Active

Asking Price: $14,995,000
Address 

204 Red Rd, McMinnville, TN 37110

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Date Added
Apr 21, 2025
Days on Market
59 days
Time Since Last Update
15 days

Details

Property TypeIndustrial
SubtypeDistribution, Manufacturing, Warehouse
ClassC
Lease TypeNNN
TenancyMulti
Number of Tenants2
Lease Term3 years
Remaining Term3 years
Square Footage285,000
Cap Rate7.75%
Occupancy97%
Year Built1959
Year Renovated2023
Buildings1
Lot Size (acres)20
Loading Docks13
Dock High Doors3
Ceiling Height18
Sale Condition1031 exchange
IntelligenceINTELLIGENCE
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Marketing Description

Located in McMinnville, Tennessee, 204 Red Rd is a premier industrial investment opportunity offering 285,000 square feet of functional space on approximately 20 acres.​ This property is 97% leased, providing strong in-place income with immediate upside through the lease-up of 8,350 square feet of vacant space.​ The facility features 20,000 AMP power supply suitable for heavy industrial operations, along with 13 dock-high doors and 3 drive-in doors to support efficient logistics and distribution.​ With flexible layouts, ample acreage for trailer parking or expansion, and proximity to major transportation routes, this asset is well-positioned for continued long-term performance.​ Ideal for investors or owner-users seeking scale, stability, and utility in a growing Tennessee market.​

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Additional Information
Broker Name
Jamie Brandenburg
Broker License
TN TN 344013
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