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Leased Manufacturing & Distribution Facility
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1530 Antioch Pike, Nashville, TN 37013

Fully conditioned, 100% leased manufacturing and distribution building with recent interior and exterior renovations.

Property Size131,487 SF
Lot Size11.02 Acres
Price / SF$171.12
Days on Market100

Property Features for 1530 Antioch Pike

General Information

Standard status Active
Size 131,487 SF
Lot size 11.02 Acres
Property subtype Retail, Industrial
Occupancy 100%

Building Details

Year Renovated 2026
Listing Agency: Charles Hawkins Co.
Listed By: Robert Stout · License #270038
Source: Crexi
Added: May 29 Changed: Sep 3 Last Checked: Sep 5 at 10:50AM

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 fully conditioned manufacturing and distribution facility is offered for sale as a 100% leased property. The infill asset totals 131,487 SF on 11.02 acres and includes a building that underwent significant interior and exterior renovations from 2017 through 2019, with additional renovations completed in 2026.

The property is located at 1530 Antioch Pike in Nashville, Tennessee, within the city’s active Southeast industrial submarket. Its infill positioning supports straightforward access for industrial tenants serving the broader Nashville market.

For buyers evaluating manufacturing or logistics space, the combination of a fully leased tenancy and a facility that has been refreshed both recently and over multiple renovation cycles may support a lower-disruption acquisition approach. The property’s manufacturing-and-distribution orientation can be a good match for operators and investors seeking an industrial building designed to support ongoing production and distribution activities.

Key Highlights

  • 131,487 SF manufacturing and distribution facility on 11.02 acres in Nashville’s Southeast industrial submarket
  • Fully conditioned building that is 100% leased
  • Significant interior and exterior renovations completed from 2017 through 2019

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$1,028,295
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.57%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$20,565,900 $20.6M
Cap Rate 7%
$14,689,929 $14.7M
Cap Rate 9%
$11,425,500 $11.4M
Market Conditions
NOI Build-Up for 131,487 SF 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.
Gross rent
$1.26M $9.57/SF
− Vacancy
−$48.6K −$0.37/SF
EGI
$1.21M $9.20/SF
− OpEx
−$181.5K −$1.38/SF
NOI
$1.03M $7.82/SF
Area
Nashville, TN
Vacancy
3.86%
Lease Rate
$9.57 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$20,565,900
Cap Rate 7%
$14,689,929
Cap Rate 9%
$11,425,500

Alternative Uses

Best Use
Warehouse
$14.69M
$12.85M – $17.14M (±1% cap)
NOI $1,028,295 @ 7.0% cap · market cap 4.57%
Second Best
Industrial
$12.10M
$10.59M – $14.11M (±1% cap)
NOI $846,831 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$33.47M
$29.29M – $39.05M (±1% cap)
NOI $2,343,098 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Spa & Massage Center Dental Office Parking Lot & Garage Nail Salon Hair Salon Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

961
Businesses Nearby

Demographics for 37013, TN

96,379
Population
41,112
Households
2.3
Avg Household Size
32
Median Age
30%
College-Educated
84%
High-School Grad
39.2 sq mi
ZIP Area
2,459
Density / Sq Mi
$72,233
Median Household Income
$40,747
Median Earnings
$1,450
Median Rent
$294,000
Median Home Value

Market

Vacancy Rate% for Industrial in Nashville, TN

3% 2019
2% 2020
2.9% 2021
3% 2022
4.2% 2023
4.8% 2024
4.5% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Fully conditioned, 100% leased manufacturing and distribution building with recent interior and exterior renovations.
Where is this manufacturing property located?
The property is located at 1530 Antioch Pike Nashville, TN.
What is the asking price?
The asking price for this property is $22,500,000.
What are key features of this property?
This property features: 131,487 SF manufacturing and distribution facility on 11.02 acres in Nashville’s Southeast industrial submarket; Fully conditioned building that is 100% leased; Significant interior and exterior renovations completed from 2017 through 2019
(615) 397-3138 Call to check price and availability
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