1843 Foreman Dr Cookeville, TN 38501
Two-story office building with government tenants and long-term lease.
Type:Office
Property size:
27,442 SFLot size:
2.50 AcresPrice / SF:
$337/SF- Added:
- Oct 17, 2024
- Days on Market:
- 552
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 1843 Foreman Dr
General Information
- Standard status
- Active
- Size
- 27,442 SF
- Lot size
- 2.50 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2008
Listing agent Jordan Uttal License #CA 01512755
Listing office JTU Net Lease Group
Listing date Oct 17, 2024
Source Crexi
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 JTU Net Lease Group
Overview
Cookeville Office Building For Sale
Freedom Plaza, an office building located at 1843 Foreman Dr in Cookeville, Tennessee, is available for sale. Constructed in 2008, this two-story building contains 25,737 square feet and is situated on a 2.5-acre lot with over 135 surface parking spaces. The anchor tenant, the State of Tennessee, occupies 73% of the building and will commence a new 10-year lease on January 1, 2025. Government tenants account for 90% of the rental income. The property is located within 3 miles of major national retailers, including Walmart, Sam’s Club, Lowe’s, Chick-fil-A, Publix, AMC, Cracker Barrel, Arby’s, and Hardee’s. It is also within walking distance of the Holiday Inn Cookeville and near Interstate 40 and Willow Ave, Cookeville’s main thoroughfare.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
DaVita Interstate Drive ...
Medical Clinic
XI Properties
Property Management Company
Action Marketing Events
Advertising Agency
Evergreen Homebuilder
General Contractor
Jackson Real Estate
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Cookeville
- County
- Putnam
- State
- Tennessee
- Longitude
- -85.5282713
- Latitude
- 36.1405466
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FAQs
What type of property is this?
Office building - Two-story office building with government tenants and long-term lease.
Where is this office building located?
The property is located at 1843 Foreman Dr Cookeville, TN.
What is the asking price?
The asking price for this property is $9,250,000.
What are key features of this property?
This property features: Anchor tenant is the State of Tennessee (73% occupancy) with a AAA credit rating and a new 10‑year lease starting January 1, 2025.; 90% of rental income is from government tenants.; Located near Interstate 40 and Cookeville's main thoroughfare (Willow Ave).
