194 Frank L Diggs Dr Clinton, TN 37716-6952

This exceptional investment opportunity presents a 38,000 square foot industrial property located at 194 Frank L Diggs Drive, Clinton, TN 37716. The property, built in 2002 and extensively renovated in 2023, sits on a 4.32-acre lot within the Clinton I-75 Industrial Park, less than a mile from a major I-75 intersection (48,000+ vehicles per day). The property is currently 100% occupied by two tenants: Sunbelt Rentals, a leading equipment rental company with an investment-grade credit rating (S&P: BBB-), and Axis Fabrication & Machine, a regional machining and fabrication services provider. This is a multi-tenant net lease investment with minimal landlord responsibilities. Both tenants have recently executed new leases with built-in rent increases. The asking price is $5,537,714, representing a 7.00% cap rate and a NOI of $387,640. The property offers significant passive cash flow potential in a tax-friendly, high-growth state. Lease terms and rent bump specifics vary by tenant. This is a rare opportunity to acquire a well-located, high-quality industrial asset with strong, established tenants in a thriving market. The property benefits from its strategic location within a major industrial park and its proximity to a high-traffic interstate. The recent renovations ensure the property is modern and well-suited to the tenants' needs. This investment offers a secure and attractive return for discerning investors.