Overview

Description

180 Mount Paran is a prime industrial commercial opportunity in Jacksboro, TN. This property currently sits on 4.74 Acres which would allow for future expansion if desired (possible self storage for RV/boating with lake nearby). It currently has 53,875 sq. ft. of space that is 100% occupied with upcoming renewals allows for immediate value-add opportunity by raising rents. Two of the three leases expire in under twelve months. Current rents are under market value. Each space is separately metered for electric. It has a security gate with 24 hour access, 4 dock bays; 6 Drive in bays; 3-phase power; 480 AMP. This property also includes 3,645 Sq. ft. of updated office space. At current price, over 8% cap rate. Contact agent for showing dates and times.

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