Industrial Building with Interstate
For Sale
Contact for pricing
133 Charter Pl, La Vergne, TN 37086
Industrial building with partial tenant occupancy and substantial space available, zoned C-2 near I-24 Exit 64.
Property Size20,400 SF
Price / SF$235.05
Days on Market141
Property Features for 133 Charter Pl
General Information
Standard status
Active
Size
20,400 SF
Property subtype
INDUSTRIAL
Zoning
C-2
Additional Details
Highway Access
Yes
Listing Agency:
Charles Hawkins Co.
(615) 345-7212
Listed By:
John Powell "J.P." Lowe
(615) 345-7212
Source:
Moodyscre
Added: Mar 12
Changed: Jul 27
Last Checked: Jul 30 at 2:39PM
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, with an existing tenant occupying 10,371 SF through 11/30/2028. Approximately 11,029 SF is available to occupy or lease. The property is zoned C-2.
The asset offers interstate visibility and is described as having excellent access to I-24, Exit 64 via Waldron Rd.
For buyers or tenants evaluating space planning, the configuration supports a combination of continued in-place occupancy and additional available area under the current zoning.
The asset offers interstate visibility and is described as having excellent access to I-24, Exit 64 via Waldron Rd.
For buyers or tenants evaluating space planning, the configuration supports a combination of continued in-place occupancy and additional available area under the current zoning.
Key Highlights
- ±20,400 SF industrial building with partial tenant occupancy.
- Tenant occupies 10,371 SF through 11/30/2028.
- 10,029 SF available to occupy or lease.
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 authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37086, TN
37,463
Population
13,282
Households
2.8
Avg Household Size
32
Median Age
23%
College-Educated
89%
High-School Grad
24.8 sq mi
ZIP Area
1,511
Density / Sq Mi
$79,285
Median Household Income
$39,943
Median Earnings
$1,716
Median Rent
$268,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building with partial tenant occupancy and substantial space available, zoned C-2 near I-24 Exit 64.
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 with partial tenant occupancy.; Tenant occupies 10,371 SF through 11/30/2028.; 10,029 SF available to occupy or lease.
