Flex Warehouse with Office
For Sale
$1,199,900
1108 Highway 70 E, Dickson, TN 37055
Includes finished office space plus warehouse area on a recently paved lot with room behind for parking or expansion.
Property Size5,500 SF
Price / SF$218.16
Days on Market158
Property Features for 1108 Highway 70 E
General Information
Standard status
Active
Size
5,500 SF
Building Details
Year Built
1970
Listing Agency:
Crye-Leike, Inc., REALTORS
Listed By:
Jon Stevens, Broker
(615) 519-9179
Source:
Shearonsellsteam
Added: May 16
Changed: Oct 10
Last Checked: Oct 7 at 1:31PM
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 Crye-Leike, Inc., REALTORS
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Investment Insights
Based on property information with market context.
This flex-style property offers approximately 2,800 square feet of finished space and approximately 2,700 square feet of warehouse space. The building includes a nicely finished office suite, designed to support day-to-day business operations alongside warehouse use.
Located in the heart of Dickson on Highway 70 E, the property sits on a large lot that has been recently paved. There is also space behind the building that can support additional parking or future expansion.
With both office and warehouse components, the layout is suited for users seeking a combined work-and-storage configuration in a single property.
Located in the heart of Dickson on Highway 70 E, the property sits on a large lot that has been recently paved. There is also space behind the building that can support additional parking or future expansion.
With both office and warehouse components, the layout is suited for users seeking a combined work-and-storage configuration in a single property.
Key Highlights
- Year built 1970 with approximately 2,800 sq ft of finished space and 2,700 sq ft of warehouse space
- Finished office suite included with the finished portion of the building
- Large lot recently paved for improved parking access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,021
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,840,420
$1.8M
Cap Rate 7%
$1,314,586
$1.3M
Cap Rate 9%
$1,022,456
$1.0M
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$145.2K $26.40/SF
− Vacancy
−$22.5K −$4.09/SF
EGI
$122.7K $22.31/SF
− OpEx
−$30.7K −$5.58/SF
NOI
$92.0K $16.73/SF
Area
Dickson County, TN
Vacancy
15.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,840,420
Cap Rate 7%
$1,314,586
Cap Rate 9%
$1,022,456
Alternative Uses
Best Use
Office B
$1.31M
$1.15M – $1.53M
NOI $92,021 @ 7.0% cap · market cap 7.67%
Second Best
Flex RnD
$873.3K
$764.2K – $1.02M
NOI $61,133 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,860 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37055, TN
29,319
Population
12,160
Households
2.4
Avg Household Size
40
Median Age
20%
College-Educated
91%
High-School Grad
201.7 sq mi
ZIP Area
145
Density / Sq Mi
$69,283
Median Household Income
$41,808
Median Earnings
$1,034
Median Rent
$258,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Includes finished office space plus warehouse area on a recently paved lot with room behind for parking or expansion.
Where is this flex space located?
The property is located at 1108 Highway 70 E Dickson, TN.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: Year built 1970 with approximately 2,800 sq ft of finished space and 2,700 sq ft of warehouse space; Finished office suite included with the finished portion of the building; Large lot recently paved for improved parking access
