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Property profile & analytics
OFF-MARKET Estimated value $7,975,000
Manufacturing properties

1701 Childress Rd Lewisburg, TN 37091-7152

157,270 SF 35 ac lot Built 1983
Entity Owned Free & Clear
Property ID
US80-0464909
Property summary
AI-generated overview

This exceptional investment opportunity presents a 200,000-square-foot manufacturing facility situated on 40.81 acres in the Lewisburg Industrial Park, Tennessee. Currently under a net lease with a single tenant, the property boasts a strong 6.75% cap rate and a substantial net operating income (NOI) of $888,000. The lease, commencing March 1, 2024, and expiring February 28, 2029, offers a remaining term of approximately 4.3 years, providing immediate cash flow. The asking price is $13,156,000, translating to a price per square foot of $65.78. Annual rent bumps of $0.24 per square foot offer inflation protection. The property enjoys a prime location with excellent access to I-431 (15,986 AADT), placing it within easy reach of major markets throughout the Southeast. The surrounding area features a robust workforce exceeding 450,000 within a 30-minute commute, and a strong local economy with an average household income within 15 miles of $87,785 and an average home value of $354,194. The property's strategic location within the industrial park provides proximity to numerous large employers, including Teledyne Advanced Electronic Solutions, Marelli, and others. A one-time lease option for an additional two years is included. This is a rare opportunity to acquire a stable, high-performing industrial asset with significant long-term potential.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 157,270 SF
Lot 35 ac (1,524,600 SF)
APN 059072 15600
UPID US80-0464909
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Marelli North America, INC Employment Agency
  • MHPC lewisburg Medical Clinic
  • Marelli Recruiting Center Industrial Manufacturer Production Facility
  • Capstone Fabrication PAKFAB Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.59M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.98M
Owner & transaction history
Lewisburg Industrial LLC
Lewisburg Industrial LLC
since 2026
Last sale
$8.0M
5 recorded transactions
2026
$11.5M
2023
$8.0M
2005
$1.3M
2003
$2.4M
1993
$4.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $12.6M +284.3%
Auto repair, garage $12.4M +278.6%
Warehouse, storage $7.4M +125.6%
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