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455 Inman St W
Cleveland, TN 37311

$2,121,800 USD

Warehouse For Sale  •  10,656 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 10,656 SF
  • Lot Size 3.37 AC
  • Building Class C
  • Year Built 1972
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning IH
0 Transit Score
71 Walk Score

Highlights

Strong Corporate Guarantee - Sunbelt Rentals is one of the largest equipment rental companies in North America with over 1,100 locations nationwide
Increased Cash-flow – Sunbelt just signed a brand new 10-year lease at the location in 2022 with built in 3% annual increases.
Spacious Lot – Sitting on a lot of 3.37 acres, the Building/Lot Coverage ratio is 7.25% offering ample industrial yard space.
Significant Tenant Capital Contribution - Sunbelt Rentals is investing over $1,000,000 of their own money to the sites construction cost
Ease Of Access – Located off Inman St, a main corridor through Cleveland, and connecting to I-75 and other major highways
Recently Renovated – The 10,656 SF Building was recently renovated in 2023.
Cap Rate: 6.00 %

Amenities

  • Storage Space

Public Transportation

AirportDriveWalkDistance
Lovell Field 37 min - 24.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Clay Smith 214-692-2216 Matthews Real Estate Investment Services
Clay Smith 214-692-2216 Matthews Real Estate Investment Services