Superior Enterprise Holdings Acquires Manufacturing Facility In Mount Juliet For $14.45M By Tachi-S Engineering
380 Aldi Boulevard
$14,450,000
$160/SF
Building Size
90,000 SF
Asset Type
Industrial
Closing
Apr 22, 2025
AI
A 90,000-square-foot industrial building located at 380 Aldi Boulevard, Mount Juliet, TN, was sold for $14,450,000. The asset features a manufacturing space and is situated in a market conducive to industrial operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $14,450,000
- Sale Date: 04/22/2025
- Seller: Tachi-S Engineering
- Buyer's Representative: Charles Hawkins, Jake Morris & Tee Patterson - Charles Hawkins
- Seller's Representative: Buist Richardson & Sue Earnest - Avison Young
- Square Footage: 90,000
- Price per Square Foot: $161
Superior Enterprise Holdings acquired the manufacturing building to relocate its Nashville operations, with the deal facilitated by Avison Young. The representatives played a crucial role in successfully completing this transaction.
Players
Mount Juliet 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
1.10%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93