1501 Corporate PlLa Vergne, TN 37086

  • Warehouses
  • 288,400 SF
For Lease
$7.75/SF/YR View listing

Property Details for 1501 Corporate Pl

Year built
2008
Lot size
21.42 AC
Property size (Sq ft)
288,400 SF
Zone code
IR
Property type
Warehouses
Property subtype
Self storage facilities
APN
175-00-0-218-00
APU
17500021800

Description

This exceptional sublease opportunity presents 72,151 square feet of warehouse space within a larger 288,000 square foot industrial building situated at 1501 Corporate Place, La Vergne, Tennessee 37086. Located in Davidson County, this single-story facility boasts a desirable location and offers immediate occupancy. The space includes 1,872 square feet of office space, perfect for administrative needs. High ceilings measuring 32 feet provide ample vertical clearance for storage and operations. The property features 14 dock-high doors and 1 drive-in door, ensuring efficient loading and unloading. Ample employee parking is available, estimated at approximately 50 spaces. The lease term extends until August 31, 2029, with a current asking rate of $7.75 per square foot, triple net (NNN). This is an ideal space for distribution and warehouse operations seeking a strategic location in La Vergne. The property's size, features, and location make it a highly attractive option for businesses seeking efficient and functional warehouse space. The building's overall size and multiple tenancy structure suggest a well-maintained and managed property. This sublease offers a unique chance to secure prime industrial space in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $57,026,680
    Hospitality
    $52,236,132
    Educational
    $43,459,848
    Medical
    $44,954,500
    Retail
    $67,604,208

Location Insight

City
La Vergne
County
Davidson
State
Tennessee
Latitude
36.0195
Longitude
-86.6108
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$306,539
$963,920
$8,456,440
$9,420,360
-
$2,409,800
$21,141,100
$23,550,900

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