For Auction

108,000 SF Industrial Facility - Tennessee

116 Tellico Industry Rd,
Tellico Plains, TN 37385

Asset Snapshot

Real Estate
Asset Type
Industrial
Property Type
Warehouse
Industrial Subtype
1966
Year Built
1
Floor Count
1
Building Count
13.99 Acres
Land Area
40%
Occupancy
Occupancy As Of
108,237 SF
Property Size
18 Ft
Ceiling Height

Offering Summary

Investment Highlights

  • This 108,237 SF, 40% leased NNN industrial building marries steady income generation with a value-add proposition, making it an irresistible prospect for investors seeking both stability and growth in their portfolios
  • Building B occupies 43,732 SF (EPDM, Ballasted Roof: Dated 2020) has (1) drive-in door and (1) 12'x12' door servicing a covered loading dock that can accommodate 5 trailers. Building A (TPO Roof: Dated 2015) is 64,505 SF with 5000 SF of office and has 3 dock access doors
  • With ample space for expansion or reconfiguration, the property offers a myriad of possibilities for enhancing its revenue streams. Whether through strategic renovations, targeted marketing efforts, or securing long-term leases with anchor tenants
  • The property is situated in an industrial area, surrounded by companies such as (a) Tellico Industrial Park, which houses manufacturing and distribution facilities, and (b) Tellico Business Park, known for its diverse range of businesses
  • The property benefits from its proximity to major transportation routes, with Highway 68 providing convenient access to nearby cities like Chattanooga (1.5 hrs.) and Knoxville (1 hr.)
 

Offering Summary

Bracket Real Estate Inc., in conjuction with Real Insight Marketplace, are pleased to present 116 Tellico Industry Road in Tellico Plains.  Tellico Plains is a charming town nestled in the foothills of the Appalachian Mountains in southeastern Tennessee, USA. Known for its picturesque surroundings, including the nearby Cherokee National Forest, Tellico Plains offers residents and visitors alike a serene escape into nature. The town is renowned for its outdoor recreational opportunities, with activities such as hiking, fishing, and whitewater rafting drawing outdoor enthusiasts year-round.

Rich in history and culture, Tellico Plains boasts attractions like the Charles Hall Museum, which showcases artifacts from the region's past, including exhibits on Native American history and pioneer life. The Tellico Grains Bakery and Tellico Beach Drive-In Theatre are popular local spots that add to the town's unique charm.

With a close-knit community and a relaxed pace of life, Tellico Plains provides a tranquil setting for those seeking a simpler way of living. Its proximity to larger cities like Knoxville and Chattanooga offers residents access to urban amenities while still enjoying the tranquility of small-town life.

The property is situated in an industrial area, surrounded by companies such as (a) Tellico Industrial Park, which houses manufacturing and distribution facilities, and (b) Tellico Business Park, known for its diverse range of businesses. The property benefits from its proximity to major transportation routes, with Highway 68 providing convenient access to nearby cities like Knoxville and Chattanooga.

Overall, Tellico Plains embodies the spirit of Southern hospitality and outdoor adventure, making it a desirable destination for both visitors and prospective residents.

Due Diligence

Transaction Managers

Darlene Johnson
Marketplace

Platform Fee

The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

John Roebuck
c/o Fisher Auction Company Inc.
License: 1702
TN Broker No. 00022430

Need Help?

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Investment Sales Brokers

Brandon Colombo
Bracket Real Estate, Inc.
John Wolfner
Bracket Real Estate, inc
Jennifer Stein
Jennifer Stein Real Estate Inc
TN License: 265577

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.