1830 Foreman Drive

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1830 Foreman Drive

Cookeville, TN 38501
Asking Price
$1.42M
Cap Rate
5.49%
Asset Type
Warehouse Retail
Class
Class B

What's Special

Corporate United Rentals Investment | 24+ Years Operating History | Recent 5-Yr Extension <h3><span style="color: rgba(0, 0, 0, 1)">• 24+ Years at This Location</span></h3><p><span style="color: rgba(0, 0, 0, 1)">United Rentals has successfully operated at the property for more than two decades, demonstrating long-term commitment to the site and market.</span></p><p></p><h3><span style="color: rgba(0, 0, 0, 1)">• Recent 5-Year Lease Extension Exercised</span></h3><p><span style="color: rgba(0, 0, 0, 1)">The tenant recently exercised its latest renewal option, extending the lease term

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NOI
$80,000
Cap Rate
5.64%
DSCR
0.95
Underwater
Cash-on-Cash
-1.00%
Monthly Payment
$7,020.512
Annual Cash Flow
$-4,246.144

Location & Travel Times