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30955587
30955588

225-231 Bobrick Dr, Jackson, TN 38301

MP
TN 372958
Matthews
Matthews
Listed by Matthews
$4,250,000
82 days on market
Updated 7 days ago

225-231 Bobrick Dr

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 100,000
Price per SqFt $43
Acreage 8.730
Ground Lease No

Multi-Tenant Industrial with Immediate Lease-Up Upside in Jackson, TN

Investment highlights

  • Immediate Lease-Up Upside: ±33,340 SF is currently available, providing a clear path to NOI growth through stabilization.

  • Near-Term Rollover Opportunity: Forrestwood Farms occupies 46% of the property through 2028 with built-in 3% annual rent escalations, until expiration.

  • Strong Historical Occupancy: Garrard & Woodside LLC’s tenure dates back to 2004. The current term expires May 31, 2026, with two 5-year renewal options providing a path for continued, long-term tenancy.

  • Staggered Lease Profile: Two tenants across three suites with differing lease expirations provide income diversification and reduce single-tenant exposure.

  • Functional Industrial Asset: Built in 1990 with 26.3% site coverage on ±8.73 acres, the property offers a balanced building-to-land ratio supportive of industrial operations.

  • Strategic I-40 Corridor Location: Located in Jackson, TN, this asset sits at the heart of the largest industrial submarket between Nashville and Memphis. By anchoring this critical mid-state corridor, the property offers unparalleled access to a premier east–west transportation artery, serving as a vital hub for distribution across the Southeast and Mid-South.

Listing Contacts

MP
TN 372958
Matthews
Matthews
Listed by Matthews

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Additional Information

Name
Hutt Cooke
License
263667, 356505 (TN)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Name
Matthew Powell
License
372958
Brokerage Address
1600 West End Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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