80,000 SF Warehouse & Large Wholesale Mulch Business On 12 Acres

Industrial for Sale
Catylist Listing ID: 30791684
Property Subtypes: Cold Storage, Flex Space, Food Processing, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Research & Development, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 79,450 SF
Gross Building Area: See Agent
Sale Price: $4,099,000
Unit Price: $51.59 PSF
Ceiling: 16 ft.
Docks/Doors: 5 Docks
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Brooks Furniture
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/26/2022

Overview / Comments

Hard to find 80,000 SF warehouse and distribution with Multiple dock doors situated on 12 acres. Also included in this sale is a highly profitable Wholesale Mulch Business! Great for light manufacturing, warehousing and other. Historically the building has been owned and operated by Brooks Furniture as their large distribution center. Highly efficient metal shelving and conveyor systems are in place. In connection with the real estate is a highly profitable wholesale mulch business with trending year over year sales increases topping 20%. Large level concrete pad provides for a superior mulch product. The business is a very desirable operation with repurposing of pallets, timber and commodity supply at competitive costing. The property is also equipped with a service garage for all vehicle maintenance for the operation of the various entities. All of these attributes make this a very desirable manufacturing and industrial investment for business owners and investors.
Please contact Mike Fuller 865-740-7471 or Suzanne Fuller 865-773-9200 for more information.
Please do not go on the property. All tours must be arranged through Mike Fuller Realty & Co.

Additional Details

Nearest MSA: Morristown
County: Claiborne
Taxing Authority: Claiborne County
Tax ID/APN: 013095 09500
Zoning: INDUSTRIAL
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Parking Type: Surface, Other

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,662 12,609
Median Age: 41.14 41
Households: 3,088 5,072
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