Leased Industrial
For Sale
Contact for pricing
Pending
3014 Kefauver Dr, Milan, TN 38358
Industrial warehouse totaling 40,278 SF on 1.72 acres, 100% leased to HLJ Foam Products under a renewed 5-year term.
Property Size40,278 SF
Lot Size1.72 Acres
Days on Market122
Property Features for 3014 Kefauver Dr
General Information
Standard status
Pending
Size
40,278 SF
Lot size
1.72 Acres
Property subtype
Industrial
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Colliers - New York, New York
Listed By:
Jimmy Ullrich · License #FL BK3073947
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 9 at 3:57PM
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 Colliers - New York, New York
Investment Insights
Based on property information with market context.
This industrial warehouse property totals 40,278 square feet on 1.72 acres and is currently 100% leased to HLJ Foam Products. Colliers reports that HLJ Foam signed a new 5-year NN lease renewal in May 2022, providing for annual rental increases while limiting landlord responsibilities.
The property is located in Milan, Tennessee, positioned between Memphis and Nashville off Interstate 40, just north of Jackson.
HLJ Foam Products supplies industrial foams for consumer products and the marine industry. The remarks also indicate the company split from Allied Foam Fabricators’ consumer products division, and that it moved the majority of operations to a separate 250K SF warehouse across the street in 2020.
The property is located in Milan, Tennessee, positioned between Memphis and Nashville off Interstate 40, just north of Jackson.
HLJ Foam Products supplies industrial foams for consumer products and the marine industry. The remarks also indicate the company split from Allied Foam Fabricators’ consumer products division, and that it moved the majority of operations to a separate 250K SF warehouse across the street in 2020.
Key Highlights
- Industrial warehouse totals 40,278 SF on 1.72 acres in Milan, TN.
- 100% leased to HLJ Foam Products.
- HLJ Foam signed a new 5‑year NN lease renewal in May 2022.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38358, TN
12,153
Population
5,113
Households
2.4
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
82.7 sq mi
ZIP Area
147
Density / Sq Mi
$65,537
Median Household Income
$39,429
Median Earnings
$808
Median Rent
$157,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- High Point Storage Milan — 1091 Kefauver Dr, Milan, TN 38358
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse totaling 40,278 SF on 1.72 acres, 100% leased to HLJ Foam Products under a renewed 5-year term.
Where is this warehouse located?
The property is located at 3014 Kefauver Dr Milan, TN.
What are key features of this property?
This property features: Industrial warehouse totals 40,278 SF on 1.72 acres in Milan, TN.; 100% leased to HLJ Foam Products.; HLJ Foam signed a new 5‑year NN lease renewal in May 2022.
