Updated Apr 9, 2026
Matthews Brokers $15.8M Sale Of 162,934 SF Industrial Facility In Columbia Tennessee
2206 Oakland Parkway
$15,800,000
$97/SF
Building Size
162,934 SF
Asset Type
Industrial
Closing
Apr 8, 2026
About this deal
AI
An industrial facility located at 2206 Oakland Parkway in Columbia, TN, was sold for $15,800,000. The property encompasses 162,934 square feet with a price per square foot of $97.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $15,800,000
- Square Footage: 162,934
- Address: 2206 Oakland Parkway
- Market: Columbia, TN
- Price per Square Foot: $97
Mike Havens represented the buyer, while the seller was represented by Jay Reeves, Matthew Powell, and Jonathan Ghertner from Matthews. Matthews facilitated the transaction on behalf of an unnamed national developer.
On the Map
$15,800,000
$97/SF
Industrial
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Players
Columbia Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93