121 Russell St Portland, TN 37148-1213

This exceptional investment opportunity presents a 24,221-square-foot warehouse located at 121 N Russell Street in Portland, Tennessee. The property sits on a 2.52-acre lot and was constructed in 1974. Currently configured as a single-tenant facility, it operates under a triple-net (NNN) leaseback agreement with FlexPAC Inc., a manufacturer of packaging supply materials. This sale-leaseback transaction offers investors immediate cash flow from a fully stabilized tenant. The warehouse is strategically located in Sumner County, an area recognized for its robust economic growth and skilled workforce. Portland's convenient proximity to Downtown Nashville provides access to a large labor pool and numerous amenities. This prime location, coupled with the strong tenant and stable lease structure, makes this warehouse an attractive investment for both short-term returns and long-term asset appreciation. The property's industrial nature and substantial size make it suitable for various distribution and manufacturing needs. The sale-leaseback structure minimizes management responsibilities for the investor while providing a consistent income stream. This presents a compelling opportunity to acquire a high-quality, fully leased industrial asset in a thriving Tennessee market.