8399 Gulf Vw Dr Soddy Daisy, TN 37379-4299
This exceptional Soddy-Daisy, Tennessee property offers a unique blend of industrial outdoor storage and modern office space. Situated on a 2.04-acre parcel, it features a 9,000-square-foot building, including a 2,250-square-foot Class A office space and a one-acre concrete pad surrounded by compacted gravel. The office, located on the second floor of a two-story building, boasts 2,250 square feet of open-concept space, complete with bathrooms and a full kitchen, offering stunning views of the expansive outdoor storage area. Currently, several blue steel containers are on-site, demonstrating the ample storage capacity for large items such as trucks, construction materials, or automobiles. The property is zoned for industrial use, making it ideal for a variety of businesses. The landlord is willing to negotiate the installation of fencing and a front gate as part of a lease agreement. The office space is available for lease at $11 per square foot per year, with utilities included (NNN). The landlord is seeking a lease term of 3 to 5 years. The property's address is 8399 Gulf View Dr, Soddy-Daisy, TN 37379, APN 073 111.38. Built in 2003, this single-tenant property presents a compelling opportunity for businesses requiring both secure outdoor storage and functional office space. The property is located within the Soddy Daisy industrial park.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.