116 Tellico Industry Road
Industrial | 8.60% CAP | 108,237 SqFt
Marketing description
116 Tellico Industry Road presents a fully leased industrial investment opportunity in Tellico Plains, Tennessee, featuring approximately 108,237 SF of industrial space on an expansive 18.23-acre site. The property is occupied by a long-term single tenant, providing stable in-place cash flow, while an additional ground lease generates supplemental income through annual renewals.
The site includes two adjoining industrial buildings constructed in 1966 and 1987, offering a functional layout suited for manufacturing, warehousing, and distribution operations. Building features include clear heights ranging from 12'8" to 18'3", eight exterior dock-high doors, one drive-in door, truck wells, and a wet sprinkler system, supporting efficient industrial use. Durable masonry construction and flexible infrastructure further enhance the property's long-term utility and tenant appeal.
Strategically positioned within the Tellico Plains industrial market, the property benefits from a substantial land component that supports truck circulation, outdoor storage, and future operational flexibility. Combined with established tenancy, supplemental ground lease income, and versatile industrial improvements, 116 Tellico Industry Road represents an attractive stabilized investment opportunity with reliable cash flow and strong long-term occupancy potential.
Investment highlights
- Fully leased industrial investment opportunity
- Long-term single tenant with stable in-place cash flow
- Additional ground lease generates supplemental income through annual renewals
- Scheduled rent escalation in 2028 will increase annual rent to $336,000
- NNN lease structure generating $300,000 in annual rent
- 108,237 SF of industrial space on 18.23-acre site
- Two adjoining industrial buildings constructed in 1966 and 1987
- Functional layout suited for manufacturing, warehousing, and distribution operations
- Substantial land component supports truck circulation, outdoor storage, and future operational flexibility
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