9525 Macon
Multi Tenant Investment Opportunity in Cordova, TN
Marketing description
NAI Saig Company presents an exceptional industrial investment opportunity at 9525 Macon Road in Cordova, TN. Situatied on 7.55 acres across 2 parcels, this 66,175 sqft, fully climate controlled facility is zoned I-H (Heavy Industrial) and offers 19’-23’ clear heights with durable steel frame construction. The property is 100% occupied with annual rent increases in place, delivering reliable income and a strong 8.19% Year 1 CAP rate. With an asking price of $5,850,000, this asset stands out as a compelling option in one of the Memphis area’s most desirable sub-markets.
Investment highlights
66,715 sqft industrial property Located in the Cordova Industrial Park
100% occuped
$479,214 NOI (Year 1)
8.19% CAP rate
Annual rent increases
NNN Leases
7.66 acres site over 2 parcels
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