Flex Space with Fenced
For Sale
Contact for pricing
325 Fairchild St, Harriman, TN 37748
AT&T lease terminates 12/31/2026, with metal canopied vehicle storage and an on-site office building.
Property Size2,080 SF
Lot Size2.31 Acres
Price / SF$167.79
Days on Market539
Property Features for 325 Fairchild St
General Information
Standard status
Active
Size
2,080 SF
Lot size
2.31 Acres
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
400 SF
Office Build-Out
2,080 SF
Dock-High Doors
1
Building Details
Construction
brick masonry
Tenancy
Single
Listing Agency:
NAI Koella RM Moore - Knoxville
(865) 806-6517
Listed By:
G. Sam Tate, Jr., CCIM · License #207699
(865) 806-6517
Source:
Moodyscre
Added: Feb 8, 2025
Changed: Jul 30
Last Checked: Jul 31 at 12:08PM
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 Koella RM Moore - Knoxville
Investment Insights
Based on property information with market context.
Flex space offering a large, fenced yard on 2.31 total acres. The property includes a 4,368 SF metal canopied vehicle storage area, plus support space for operations.
Improvements include a 2,080 SF (52' x 40') brick masonry office building, along with a 1,000 SF detached rear shed. The rear shed area includes a truck dock with leveler. Additional storage includes a 400 SF (20' x 20') brick masonry supply warehouse.
An AT&T lease is in place, with termination scheduled for 12/31/2026. The fenced yard and mix of storage and office space are designed to support a range of logistics and service uses where vehicles and equipment staging are required.
Improvements include a 2,080 SF (52' x 40') brick masonry office building, along with a 1,000 SF detached rear shed. The rear shed area includes a truck dock with leveler. Additional storage includes a 400 SF (20' x 20') brick masonry supply warehouse.
An AT&T lease is in place, with termination scheduled for 12/31/2026. The fenced yard and mix of storage and office space are designed to support a range of logistics and service uses where vehicles and equipment staging are required.
Key Highlights
- AT&T lease terminates 12/31/2026
- 2.31 total acres with fenced yard area
- 4,368 SF metal canopied vehicle storage
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.7k | $21.00 |
| − Vacancy | −$7.0k | −$3.36 |
| EGI | $36.7k | $17.64 |
| − OpEx | −$9.2k | −$4.41 |
| NOI | $27.5k | $13.23 |
2,080 SF · lease $21.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$393.1K
$344.0K – $458.6K
NOI $27,518 @ 7.0% cap · market cap 7.88%
Second Best
Flex RnD
$258.7K
$226.3K – $301.8K
NOI $18,106 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$515.2K
$450.8K – $601.0K
NOI $36,062 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Dock-high doors
Single-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37748, TN
17,227
Population
8,208
Households
2.1
Avg Household Size
45
Median Age
20%
College-Educated
87%
High-School Grad
106.6 sq mi
ZIP Area
162
Density / Sq Mi
$58,649
Median Household Income
$40,155
Median Earnings
$760
Median Rent
$173,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - AT&T lease terminates 12/31/2026, with metal canopied vehicle storage and an on-site office building.
Where is this flex space located?
The property is located at 325 Fairchild St Harriman, TN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: AT&T lease terminates 12/31/2026; 2.31 total acres with fenced yard area; 4,368 SF metal canopied vehicle storage
