Franklin Industrial Sale-Leaseback
For Sale
Contact for pricing
Pending
147 Seaboard Ln, Franklin, TN 37067
65,000 SF light manufacturing facility in Franklin, Tennessee.
Property Size65,000 SF
Days on Market198
Property Features for 147 Seaboard Ln
General Information
Standard status
Pending
Size
65,000 SF
Class
B
Total Parking Spaces
65
Property subtype
Industrial
Zoning
Light Industrial
Occupancy
100%
Lease Type
NNN
Building Details
Year Built
1995
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Hilco Global
Listed By:
Jamie Cote · License #IL, NY
Source:
Crexi
Added: Jan 27
Changed: Aug 8
Last Checked: Jul 25 at 1:12PM
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 Hilco Global
Investment Insights
Based on property information with market context.
A 65,000 square foot light manufacturing facility in Franklin, Tennessee, is available as a sale-leaseback opportunity. The property is currently owned and occupied by Resource Label Group (RLG), a North American provider of specialized packaging solutions, including pressure-sensitive labels, shrink sleeves and RFID/ NFC smart packaging. RLG has operated from the property since its construction in 1995, utilizing the facility as a showcase manufacturing operation for visiting customers. At closing, RLG will execute a 15-year triple-net lease with no landlord responsibilities, providing stable, long-term cash flow. The lease rate is $12.50 per square foot, triple net, generating $812,500 in annual net rent. This presents an opportunity to acquire a passive, income-generating investment in greater Nashville. The immediate Franklin industrial market exhibits strong demand combined with a tight supply.
Key Highlights
- 15‑year triple‑net lease offering stable, long‑term cash flow with no landlord responsibilities.
- Tenant: Resource Label Group (RLG), a leading North American provider of specialized packaging solutions.
- Annual net rent of $812,500, at a lease rate of $12.50 per square foot, triple net.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,806
Businesses Nearby
Explore this area
Business Placement
Demographics for 37067, TN
31,465
Population
14,087
Households
2.2
Avg Household Size
38
Median Age
67%
College-Educated
97%
High-School Grad
32.5 sq mi
ZIP Area
968
Density / Sq Mi
$110,202
Median Household Income
$63,824
Median Earnings
$1,860
Median Rent
$686,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 65,000 SF light manufacturing facility in Franklin, Tennessee.
Where is this manufacturing property located?
The property is located at 147 Seaboard Ln Franklin, TN.
What are key features of this property?
This property features: 15‑year triple‑net lease offering stable, long‑term cash flow with no landlord responsibilities.; Tenant: Resource Label Group (RLG), a leading North American provider of specialized packaging solutions.; Annual net rent of $812,500, at a lease rate of $12.50 per square foot, triple net.
