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Industrial Flex Building
New
For Lease
$16 SF/Yr

1040 Progress Dr, Clarksville, TN 37040

The 2011-built property provides a flexible commercial setting for industrial-related occupancy.

Space Size4,970 SF
Days on Market3

Property Features for 1040 Progress Dr

General Information

Standard status Active
Size 4,970 SF
Net Rentable 4,970 SF
Property subtype Industrial
Lease Term NNN

Space & Availability

Available Space 4,970 SF
Contiguous Space 4,970 SF

Additional Details

Three-Phase Power Yes

Building Details

Building Size 4,970 SF
Year Built 2011

Spaces For Lease

at 1040 Progress Dr Contact us

1040 Progress Drive $16/SF/Yr

Size
4,970 SF
Term
Negotiable
Contact us
Listing Agency: NAI Clarksville
Listed By: Cindy Greene · License #TN #302985
Source: Naiglobal
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 20 at 5:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Clarksville

Investment Insights

Based on property information with market context.

This flex space comprises a 4,970-square-foot industrial building constructed in 2011. The property is offered for rent and combines flex-space and industrial-building characteristics within a single commercial facility.

Located at 1040 Progress Dr in Clarksville, Tennessee, the building provides a defined address for businesses seeking industrial or flexible commercial space.

Key Highlights

  • 4,970 SF industrial/flex building
  • Constructed in 2011
  • Available for rent

Property Analytics

Current Use

Maryland Electric Company Electrical Service Landscape Services, Inc. Landscaping

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods Real Estate Agency Dental Office Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby
Well-served
Demand for This Use

Demographics for 37040, TN

60,382
Population
24,628
Households
2.5
Avg Household Size
31
Median Age
30%
College-Educated
94%
High-School Grad
92.8 sq mi
ZIP Area
651
Density / Sq Mi
$65,331
Median Household Income
$40,621
Median Earnings
$1,177
Median Rent
$242,400
Median Home Value

Market

Lease Benchmarks for Clarksville, TN

$16.42 /SF/Yr
Avg Asking Price
$14.68–$20 /SF/Yr
Price Range
6,224 SF
Avg Space Size

This space is priced 3% below the average of $16.42 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - The 2011-built property provides a flexible commercial setting for industrial-related occupancy.
Where is this flex space located?
The property is located at 1040 Progress Dr Clarksville, TN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 4,970 SF industrial/flex building; Constructed in 2011; Available for rent
More about this property
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