Industrial Flex Building with
202 Dragon Dr, Dickson, TN 37055
For Sale
Contact for pricing
Office, showroom, warehouse, and gated outdoor storage areas provide distinct spaces for business operations.
Property Size15,000 SF
Price / SF$116.67
Days on Market11
Property Features for 202 Dragon Dr
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Office Build-Out
Mezzanine
Three-Phase Power
Additional Details
Currently Operating
Property Use
Amenities
kitchenette
Building Details
Building Size
Year Built
Listing Agency:
E4 Real Estate Group, LLC
Listed By:
R. Scott England · License #319504
(615) 202-2100
Source:
Thefullerproperties
Added: Oct 28
Changed: Nov 5
Last Checked: Nov 6 at 7:00PM
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 E4 Real Estate Group, LLC
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Investment Insights
Based on property information with market context.
This 15,000-square-foot flex property, built in 2003, combines warehouse space with approximately 2,500 square feet of offices, a showroom, kitchenette, and a 2,500-square-foot mezzanine. Three-phase power serves the building, and overhead access includes two 14' x 14' doors on each side of the warehouse plus a 12' x 12' door at the rear. An attached 40' x 30' shed and separate 30' x 24' shed add exterior storage. Six-inch concrete paving extends around the building, with additional gravel parking behind it and a gate enclosing the rear area.
At 202 Dragon Dr in Dickson, the property is 3 miles from I-40. It is currently used as a retail distribution facility.
At 202 Dragon Dr in Dickson, the property is 3 miles from I-40. It is currently used as a retail distribution facility.
Key Highlights
- 15,000‑square‑foot flex property with 16' eave height
- Approximately 2,500 square feet of office space and a 2,500‑square‑foot mezzanine
- Two 14' x 14' overhead doors on each side; one 12' x 12' overhead door at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,152
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,883,040
$2.9M
Cap Rate 7%
$2,059,314
$2.1M
Cap Rate 9%
$1,601,689
$1.6M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$176.4K $11.76/SF
− Vacancy
−$6.8K −$0.45/SF
EGI
$169.6K $11.31/SF
− OpEx
−$25.4K −$1.70/SF
NOI
$144.2K $9.61/SF
Area
Dickson County, TN
Vacancy
3.86%
Lease Rate
$11.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,883,040
Cap Rate 7%
$2,059,314
Cap Rate 9%
$1,601,689
Alternative Uses
Best Use
Flex RnD
$2.38M
$2.08M – $2.78M
NOI $166,725 @ 7.0% cap · market cap 9.53%
Second Best
Warehouse
$2.06M
$1.80M – $2.40M
NOI $144,152 @ 7.0% cap · market cap 8.24%
Theoretical Best
Office A
$4.40M
$3.85M – $5.13M
NOI $307,800 @ 7.0% cap · market cap 17.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37055, TN
29,319
Population
12,160
Households
2.4
Avg Household Size
40
Median Age
20%
College-Educated
91%
High-School Grad
201.7 sq mi
ZIP Area
145
Density / Sq Mi
$69,283
Median Household Income
$41,808
Median Earnings
$1,034
Median Rent
$258,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office, showroom, warehouse, and gated outdoor storage areas provide distinct spaces for business operations.
Where is this flex space located?
The property is located at 202 Dragon Dr Dickson, TN.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 15,000‑square‑foot flex property with 16' eave height; Approximately 2,500 square feet of office space and a 2,500‑square‑foot mezzanine; Two 14' x 14' overhead doors on each side; one 12' x 12' overhead door at the rear
