9000 Church StBrentwood, TN 37027
- Industrial properties
- 19,608 SF
Property Details for 9000 Church St
- Year built
- 1984
- Lot size
- 0.54 AC
- Property size (Sq ft)
- 19,608 SF
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 094011B D 02300
- APU
- 094011BD02300
Description
This exceptional investment opportunity presents a 99-unit, non-climate controlled self-storage facility totaling ±16,209 square feet (gross building area) and ±13,094 square feet of net rentable area. Located in Brentwood, Tennessee, at 9000 Church St E, 37027, this Class C property sits on a 0.54-acre lot and boasts 328 feet of high-visibility frontage along Interstate 65, experiencing an average daily traffic count of 157,000 to 168,000 vehicles in 2023. The property, built in 1984, is a three-story building with one loading dock and is zoned C-3 (Commercial Service Warehouse), offering significant flexibility for future development or conversion. Currently operating with a gross lease structure and 99 tenants, the property generates a pro-forma NOI of $125,223, representing a 7.16% pro-forma cap rate. The asking price is $1,750,000, translating to $107.96 per square foot and $17,676.77 per unit. The land value alone is $85.02 per square foot. Additional income is generated from a long-term billboard lease extending through 2034. This gated facility offers easy access and presents a compelling value-add opportunity with strong potential for long-term cash flow growth through conversion or redevelopment. The property is minutes from downtown Nashville and situated in the highly desirable Brentwood, Williamson County area. The APN is 011B D 023.00 000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,877,182
- Hospitality
- $3,551,478
- Educational
- $2,954,788
- Medical
- $3,056,407
- Retail
- $4,596,336
Location Insight
- City
- Brentwood
- County
- Williamson
- State
- Tennessee
- Latitude
- 36.0344
- Longitude
- -86.7827
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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