Three-Building Industrial
707 Spence Lane, Nashville, TN 37217
For Sale
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Fully occupied by three tenants, the property combines industrial space with crane service and multiple loading configurations.
Property Size145,489 SF
Lot Size9.57 Acres
Days on Market27
Property Features for 707 Spence Lane
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Site & Location
Neighborhood
Highway Access
Additional Details
Tenant in Place
Building Details
Buildings
Tenancy
Listing Agency:
Foundry Commercial Nashville
Listed By:
Andrew Maxwell, SIOR · License #TN306668
(615) 324-0793
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 5:06PM
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 Foundry Commercial Nashville
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Investment Insights
Based on property information with market context.
The industrial campus comprises three buildings totaling ±145,489 SF on ±9.57 acres, with approximately ±35% site coverage. All space is leased to three tenants under agreements with a ±5.2-year WALT. Building 1 contains ±102,329 SF and is served by overhead cranes; its electrical system has been restored. The property also has dock-high and drive-in loading, and carries IR zoning.
At 707 Spence Lane in Nashville’s East submarket, the site is approximately ±3 miles from BNA and ±4 miles from Downtown. It offers direct access to I-24, I-40 and I-440. Icon Mechanical occupies Building 1 under a new NNN lease; Stone World TN and Lincare Inc. lease the other two buildings. The leases include contractual rent growth.
At 707 Spence Lane in Nashville’s East submarket, the site is approximately ±3 miles from BNA and ±4 miles from Downtown. It offers direct access to I-24, I-40 and I-440. Icon Mechanical occupies Building 1 under a new NNN lease; Stone World TN and Lincare Inc. lease the other two buildings. The leases include contractual rent growth.
Key Highlights
- Three‑building campus totals ±145,489 SF on ±9.57 acres
- 100% leased to three tenants with a ±5.2‑year WALT
- Building 1 offers ±102,329 SF, overhead cranes and a restored electrical system
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
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Business Placement
Demographics for 37217, TN
33,115
Population
14,168
Households
2.3
Avg Household Size
33
Median Age
32%
College-Educated
82%
High-School Grad
17.8 sq mi
ZIP Area
1,860
Density / Sq Mi
$61,529
Median Household Income
$37,090
Median Earnings
$1,313
Median Rent
$279,400
Median Home Value
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Market
Average Price Trend$/SF for Industrial properties in Nashville, TN
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Vacancy Rate% for Industrial in Nashville, TN
Frequently Asked Questions
What type of property is this?
Industrial property - Fully occupied by three tenants, the property combines industrial space with crane service and multiple loading configurations.
Where is this industrial property located?
The property is located at 707 Spence Lane Nashville, TN.
What are key features of this property?
This property features: Three‑building campus totals ±145,489 SF on ±9.57 acres; 100% leased to three tenants with a ±5.2‑year WALT; Building 1 offers ±102,329 SF, overhead cranes and a restored electrical system
