9525 Macon Rd, Cordova, TN 38016
66,175 SF industrial facility in Cordova, TN for sale.
- Added:
- Jan 9, 2026
- Days on Market:
- 180
- Last Refresh:
- Jul 4 at 8:53 am
Property Features for 9525 Macon Rd
General Information
- Standard status
- Active
- Size
- 66,175 SF
- Lot size
- 7.55 Acres
- Property subtype
- Industrial
Listing office NAI Saig Company
Listing date Jan 9, 2026
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 NAI Saig Company
HighLights
- Strong 8.19% Year 1 CAP rate.
- 100% occupied with annual rent increases in place, delivering reliable income.
- Fully climate controlled 66,175 sqft facility.
- Zoned I‑H (Heavy Industrial).
- 19’ - 23’ clear heights with durable steel frame construction.
- Situated on 7.55 acres across 2 parcels in a desirable Memphis sub‑market.
Overview
Local Financial Insights For Industrial
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 | $651.2k | $9.84 |
| − Vacancy | −$57.3k | −$0.87 |
| EGI | $593.9k | $8.97 |
| − OpEx | −$178.2k | −$2.69 |
| NOI | $415.7k | $6.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cordova
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.7451867
- Latitude
- 35.1630918
