1231 Bridgestone Pkwy La Vergne, TN 37086-3510

This fee-simple industrial property in La Vergne, TN (Nashville MSA) offers a compelling investment opportunity. The 14,225 square-foot warehouse, built in 1994 and renovated in 2021, sits on a 9.13-acre lot (with approximately 4 usable acres for outdoor storage) and is currently 100% occupied by H&E Rentals under a net lease with a corporate guarantee. The lease, commencing January 25, 2021, and expiring April 30, 2031, has a remaining term of 6.4 years and includes two, two-year renewal options with 2.5% annual rent increases. The property features a fully fenced yard, offices, parts warehouse, a repair shop with six service bays and an overhead crane. The asking price is $4,608,000, representing a 5.75% cap rate and a net operating income (NOI) of $264,915. Strategically located off I-24, this property benefits from its proximity to Nashville International Airport and the rapidly growing Murfreesboro MSA, experiencing low industrial vacancy rates. The tenant, H&E Equipment Services (NASDAQ: HEES), is a major player in the equipment rental industry, providing strong financial backing and long-term stability. This offering presents a rare opportunity to acquire a high-quality, net-leased industrial asset in a thriving market with significant upside potential.