770 Tn-25Castalian Springs, TN 37031

  • Industrial properties
  • 45,000 SF
For Sale
$3,100,000 View listing

Property Details for 770 Tn-25

Year built
11
Lot size
10.15 AC
Property size (Sq ft)
45,000 SF
Property type
Industrial properties
Property subtype
Self storage facilities

Description

This exceptional investment opportunity presents a thriving self-storage and trailer sales business in Castalian Springs, Tennessee. Situated on a spacious 10.15-acre lot at 770 TN-25, zip code 37031, this 11-year-old facility boasts 45,000 square feet of rentable space, currently achieving an 88% occupancy rate. The property includes 184 non-climate-controlled units, 9 climate-controlled 5x10 units, 32 climate-controlled 10x10 units, and dedicated space for boat and RV storage (12x40 units). Additionally, there's ample outdoor storage for vehicles (20+ spaces, 10 currently available), and 4-5 acres of land available for future expansion. The existing trailer sales business is valued at $350,000, plus inventory, and is included in the sale. Operating costs for 2023 totaled $51,891. Pricing has remained stable for the past three years, yet remains competitive with similar facilities in Trousdale County, significantly undercutting rates in neighboring Sumner County. This turnkey operation offers a compelling 5.80% cap rate at an asking price of $3,100,000 ($68.89/sq ft). This property represents a rare chance to acquire a well-established, high-performing business with significant upside potential.

770 Tn-25, Castalian Springs, Tennessee

Location Insight

City
Castalian Springs
County
Trousdale
State
Tennessee
Latitude
36.3892
Longitude
-86.2583

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].