1031 Parkway Dr unit 23A & 23B Spring Hill TN, 37174
Mixed Use | 3,355 SqFt
Marketing description
Call Andy Brown with questions 615-541-9191 - Rare opportunity to own a premium flex industrial / office condo in the highly desirable Parkway Business Center in Spring Hill. This combined Unit 23 A & B offers approximately 3,355 square feet of versatile space designed far beyond the standard warehouse buildout, making it ideal for both owner-users and investors. Originally built in 2023, this property features a 50’ x 50’ footprint split into two 25’ x 50’ bays, each equipped with 12’ x 12’ insulated overhead doors and approximately 14’ ceiling height, allowing for easy vehicle access, deliveries, and operational flexibility. What truly sets this property apart is the custom, high-end interior buildout. Unlike typical units that offer minimal office space, this property has been thoughtfully designed to support a growing team environment. The space includes multiple private offices, a dedicated conference room with its own exterior entrance, and a layout that allows clients to enter without walking through the warehouse—creating a more professional and client-friendly experience. The office configuration has been enhanced to maximize usability, including a functional upper-level workspace rather than simple storage. This design allows for expanded office capacity while maintaining valuable warehouse functionality below—something rarely found in comparable flex spaces. Comfort and efficiency were a priority in this buildout, highlighted by a 10 unit Mitsubishi zoned mini-split HVAC system. Each office has its own climate control, eliminating the common issue of uneven temperatures found in most warehouse spaces and providing a comfortable working environment for every team member. The warehouse area is equally impressive, featuring durable epoxy-coated flooring, drive-in capability for vehicles, and ample space for loading, storage, or light industrial use. Whether you’re operating a service-based business, storing equipment, or running logistics, this space supports a wide range of business.
Investment highlights
1031 Parkway Drive Units 23 A & B | Spring Hill, TN - Call Andy Brown with questions 615-541-9191
Opportunity to acquire a highly upgraded flex industrial/commercial asset in the rapidly growing Spring Hill market. Unlike standard warehouse condo inventory, this property has been extensively improved to support both owner-users and high-quality commercial tenants seeking a professional office + warehouse environment.
The property consists of approximately 3355 square feet across two combined suites within Parkway Business Center and features dual 12’ x 12’ insulated drive-in doors, 14’ ceilings, epoxy-coated warehouse flooring, multiple private offices, conference room space, upgraded security systems, and full data infrastructure.
Originally built in 2022, the property has been customized with a premium Mitsubishi zoned mini-split HVAC system allowing individual climate control throughout the offices — a significant upgrade over typical flex properties and a feature highly desirable to modern tenants and operational users.
The thoughtful layout creates a true hybrid workspace environment by combining:
• Warehouse functionality
• Executive-style office buildout
• Dedicated client meeting space
• Additional upper-level workspace
• Secure access-controlled operations
The property is equipped with:
• Keypad and keycard entry
• Full perimeter and interior camera system
• Fully wired data/network infrastructure
• ATT & Spectrum availability
• Multiple office configurations supporting team scalability
Located just off Saturn Parkway with immediate access to Interstate 65, the property benefits from one of Middle Tennessee’s strongest growth corridors. Spring Hill continues to experience rapid residential and commercial expansion, increasing demand for contractor, service, logistics, office/warehouse, and flex-industrial space.
With estimated lease potential around $7,000/month, the property offers attractive income-producing capability with an approximate pro forma cap rate near 10.5% based on the current offering price of $800,000.
This asset is well positioned for:
• Investors seeking stable flex-industrial demand
• Owner-users wanting long-term appreciation
• Service-based companies requiring office + warehouse functionality
• Businesses seeking premium buildout without new construction costs
High-quality flex industrial inventory with upgraded infrastructure and true office functionality remains limited in the Spring Hill market, making this a compelling acquisition opportunity for both cash flow and long-term growth potential.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
