Flex Building Development Site

Highlights:

• STRATEGIC LOCATION – This property is positioned strategically in the Maury County Submarket. Located on Cayer Lane, this property is several minutes from Spring Hill and approximately eight miles from downtown Columbia.
• PROXIMITY TO I-65 – Located in one of the primary industrial corridors of the Nashville MSA, the property is positioned just minutes away from I-65 (±7.3 miles away).
• STRONG DEMOGRAPHICS – Within the surrounding 5 miles, the population is projected to grow steadily over the next 5 years and boasts over $502 million in consumer spending. (Source: CoStar.com).
• FAVORABLE MARKET TERMS – The Maury County submarket has trailing 12-month rent growth coming in at 5.40% (Source: Costar.com) and located in the heavily trafficked Highway 31, Highway 396, and Highway 412.

Description:

Matthews Real Estate Investment Services is pleased to present the opportunity to purchase the Cayer Lane development site in Columbia, TN. Comprised of over eight acres on Cayer Ln, this prime multi-building flex development opportunity is positioned within a PUD that is permitted for one 7,500 SF building, one 11,250 SF building, two 9,000 SF buildings, and two 6,000 SF buildings. Given the combination of consistent demand and low vacancy in sub-10,000 SF flex spaces across the region, this development site provides an invaluable opportunity for an investor to deliver coveted product to one of the fastest growing submarkets of Middle Tennessee.

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