6923 Pasadena Dr

Investment Overview

Payne Realty is pleased to present the opportunity to acquire five (5) buildings consisting of 39,1106 square-feet of net-leased industrial facilities in the highly desirable Horn Lake submarket of DeSoto County, Mississippi. The property is leased to Upchurch Industrial, LLC. The facility serves as the tenant's primary industrial operation and offers functional warehouse buildings with dedicated office, ample on-site parking, and a large, fenced laydown yards capable of accommodating equipment, materials, and fleet vehicles. The M-1 Light Industrial zoning supports a variety of industrial uses, while the property's location provides immediate access to Interstate 55, Interstate 69, Memphis International Airport, and the greater Memphis distribution market.

Investment Highlights

• 39,106 SF net-leased industrial facilities (5 buildings) in the Memphis MSA
• Functional office/warehouses, offices, with expansive fenced laydown yard and ample parking
• M-1 Light Industrial zoning with immediate access to I-55, I-69 and Memphis logistics corridor
• Predictable investment opportunity with tenant responsible for taxes, operating expenses, utilities and maintenance under a net lease structure