For Sale
$5,850,000

9525 Macon RdCordova, TN 38016

High-yield flex space, 66,175 SF, 100% leased.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 66,175-square-foot industrial flex property located at 9525 Macon Road, Cordova, Tennessee, 38016. The property is currently 100% leased, offering a strong, stable income stream with a compelling 8.18% capitalization rate. Priced at $5,850,000, this translates to a price per square foot of $88.47. The building sits on a sizable lot providing over two acres of outdoor storage space, presenting significant potential for future expansion or value-add opportunities. The property's location in Shelby County boasts a near-zero vacancy rate, indicating high demand and strong market fundamentals. Ample parking is available for tenants and visitors. The lease type is NNN (Net, Net, Net), minimizing landlord responsibilities. This multi-tenant industrial flex building represents a rare chance to acquire a high-performing asset in a thriving market. The property's size, location, and current occupancy make it an attractive investment for both seasoned and emerging investors seeking a stable, high-yield return.

Highlights

  • Investment sale with value-add potential.
  • $5,850,000 asking price.
  • 8.18% capitalization rate.
  • 66,175 square-foot industrial flex building.
  • Located in Cordova, TN, with near-zero vacancy rate.
  • Over two acres of outdoor storage.

Property Details for 9525 Macon Rd

Property type
Industrial properties, Flex space
Square Feet
66,125 SF

Location Insight

City
Cordova
County
Shelby
State
Tennessee
Latitude
35.162827
Longitude
-89.744739
9525 Macon Rd, Cordova, Tennessee

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
9525 Macon Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message