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3555 Cleburne Rd Spring Hil...

Stos Partners Acquires Industrial Property In Spring Hill, Nashville, TN For $52M
SOLDIndustrial

Stos Partners Acquires Industrial Property In Spring Hill, Nashville, TN For $52M

3555 Cleburne Rd Spring Hill, TN 37174, USA

$52,000,000

$188/SF

Building Size

276,081 SF

Asset Type

Industrial

Closing

Jul 13, 2022

AI

An industrial property located at 3555 Cleburne Rd. in Spring Hill, Nashville, TN, has been sold for a total price of $52,000,000. The property spans a total area of 276,081 square feet, resulting in a price per square foot of $188. The transaction took place on July 14, 2022, and the buyer is Stos Partners, represented by CJ Stos, Jason Richards, Jay Boyle, and Tanner Jansen. Agracel acted as the seller in this deal. The sale was facilitated by Brett Wallach and William Sisk, brokers from Lee & Associates.

Summary of Transaction Details:

Stos Partners, along with CJ Stos, Jason Richards, Jay Boyle, and Tanner Jansen, were the key individuals representing the buyer in this transaction. Agracel acted as the seller, while the deal was facilitated by Brett Wallach and William Sisk from Lee & Associates. This sale highlights the strong demand for industrial properties in the Spring Hill, Nashville, TN market.

Players

Brett Wallach

Lee & Associates

Broker

$104M

vol

2 deals

Broker
CJ Stos

CJ Stos

Stos Partners

Buyer

$111M

vol

7 deals

Buyer

Spring Hill 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

0.31%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93