For Sale

Single-Tenant Industrial Investment

1307 Davis Ave,
Morristown, TN 37814

Asset Snapshot

Student Housing
Industrial Subtype
1948
Year Built
1
Floor Count
7.81 Acres
Land Area

Offering Summary

Investment Overview

Industrial investment opportunity in Morristown, TN. 155,989 SF spread over three levels with approximately 5,000 SF of office space. MooreCo, the current tenant, is currently on a long term lease and has made significant investments into the building. The property featuresm roughly 142,000 SF of warehouse space split into two main areas, with ceiling heights ranging from 12’-20’. The upstairs portion includes 25,000 SF of storage space. The property also includes 8 dock high doors and 2 drive-in bays, along with a new HVAC system, upgraded parking area and a recently upgraded roof. The office portion features private offices, a conference room, and a kitchenette.


Investment Highlights

  • Well-located Morristown, TN industrial facility
  • 25,000 SF Storage on upper floor
  • 5,000 SF Office including private offices, conference room, and
  • kitchenette
  • 12’-20’ Clear heights in Warehouse
  • 8 dock high doors and 2 drive-in bays
  • New HVAC
  • Renovated rubber roof

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$4,450,000
Asking Price

Investment Sales Broker

Taylor Durand
Lee & Associates - Nashville

Market Insights