Industrial Building with Interstate
133 Charter Pl La Vergne, TN 37086
133 Charter Pl, La Vergne, TN, 37086
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For Sale
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Industrial building offers 20,400 SF total space with C-2 zoning and 10,029 SF available for occupancy or lease.
Property Size20,400 SF
Price / SF$235.05
Days on Market98
Property Features for 133 Charter Pl
General Information
- Standard status
- Active
- Size
- 20,400 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2010
Listing agency
Charles Hawkins Co.
(615) 397-3138
Listed by
Robert Stout · License #270038
Source
Crexi
Added: Apr 15 Updated: Jul 21 at 5:51PM Checked: Jul 21 at 5:51PM
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 Charles Hawkins Co.
Investment Insights
Based on property information with market context.
This industrial building totals 20,400 SF and is currently partially occupied, with 10,371 SF leased through 11/30/2028. The remaining 10,029 SF is available to occupy or lease. The property is zoned C-2.
The site is positioned for interstate visibility and offers access to I-24, Exit 64 via Waldron Rd.
For buyers and tenants seeking C-2 industrial space with a defined portion available, the current lease structure and the balance of space provide flexibility for continued occupancy or new tenancy.
The site is positioned for interstate visibility and offers access to I-24, Exit 64 via Waldron Rd.
For buyers and tenants seeking C-2 industrial space with a defined portion available, the current lease structure and the balance of space provide flexibility for continued occupancy or new tenancy.
Key Highlights
- 20,400 SF industrial building built in 2010
- 10,029 SF currently available to occupy or lease
- Existing tenant leases 10,371 SF through 11/30/2028
Local Financial Insights For Warehouse
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 | $198.9k | $9.75 |
| − Vacancy | −$6.2k | −$0.30 |
| EGI | $192.7k | $9.45 |
| − OpEx | −$28.9k | −$1.42 |
| NOI | $163.8k | $8.03 |
20,400 SF · lease $9.75/SF/yr · vacancy 3.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.34M
$2.05M – $2.73M
NOI $163,824 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.05M
$6.17M – $8.23M
NOI $493,517 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Surplus Flooring - La ...
General Contractor
Cabinets To Go - Nashville
Kitchen & Bath Showroom
Similar For Sale Nearby
Similar Off Market Nearby
- Door to Door Storage — 225 Industrial Blvd, La Vergne, TN 37086
- WALDRON RD MINI STORAGE, LLC — 599 waldron rd, la vergne, tn 37086
- Waldron Road Storage | Self Storage — 599 Waldron Rd, La Vergne, TN 37086
- The Armstrong Company — 100 Armstrong Ct, La Vergne, TN 37086
- Guardian Moving Systems Of Nashville — 423 Mason Rd Ste D, La Vergne, TN 37086
FAQs
What type of property is this?
Warehouse - Industrial building offers 20,400 SF total space with C-2 zoning and 10,029 SF available for occupancy or lease.
Where is this warehouse located?
The property is located at 133 Charter Pl La Vergne, TN.
What is the asking price?
The asking price for this property is $4,795,000.
What are key features of this property?
This property features: 20,400 SF industrial building built in 2010; 10,029 SF currently available to occupy or lease; Existing tenant leases 10,371 SF through 11/30/2028
