Flex/Industrial Property For
5128 Hwy 100 Lyles, TN 37098
5128 Hwy 100, Lyles, TN, 37098
Contact for pricing
For Sale
Contact for pricing
For-sale flex/industrial property totaling 13,078 square feet.
Property Size13,078 SF
Price / SF$133.81
Days on Market75
Property Features for 5128 Hwy 100
General Information
- Standard status
- Active
- Size
- 13,078 SF
- Property subtype
- Retail, Industrial, Mixed Use
Listing agency
Crye-Leike Commercial
Listed by
Scott Davis · License #TN 279743
Source
Crexi
Added: May 8 Updated: Jul 21 at 5:26AM Checked: Jul 21 at 5:26AM
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 Crye-Leike Commercial
Investment Insights
Based on property information with market context.
Available for purchase is a flex/industrial property totaling 13,078 square feet at 5128 Hwy 100, Lyles, TN 37098-2817.
The offering is listed as a commercial real estate asset with flex space and industrial property classifications, positioned for buyers evaluating light-use commercial space.
Further details on interior layout, improvements, and site features were not provided with the listing information.
The offering is listed as a commercial real estate asset with flex space and industrial property classifications, positioned for buyers evaluating light-use commercial space.
Further details on interior layout, improvements, and site features were not provided with the listing information.
Key Highlights
- For‑sale flex/industrial property totaling 13,078 SF
- Address: 5128 Hwy 100, Lyles, TN 37098‑2817
Local Financial Insights For Flex RnD
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 | $235.4k | $18.00 |
| − Vacancy | −$11.8k | −$0.90 |
| EGI | $223.6k | $17.10 |
| − OpEx | −$78.3k | −$5.98 |
| NOI | $145.4k | $11.11 |
13,078 SF · lease $18.00/SF/yr · vacancy 5.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.08M
$1.82M – $2.42M
NOI $145,362 @ 7.0% cap · market cap 8.31%
Second Best
Industrial
$1.33M
$1.16M – $1.55M
NOI $92,941 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$3.83M
$3.35M – $4.47M
NOI $268,361 @ 7.0% cap · market cap 15.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - For-sale flex/industrial property totaling 13,078 square feet.
Where is this flex space located?
The property is located at 5128 Hwy 100 Lyles, 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: For‑sale flex/industrial property totaling 13,078 SF; Address: 5128 Hwy 100, Lyles, TN 37098‑2817
