Sunbelt Rentals & Red River Waste Nashville, Tennessee

Status Under Contract
Location 3100 and 3108 Brandau Road, Hermitage (Nashville), TN 37076
Captialilzation Rate 6.33%
Building Size 8,574 SF & 8,000 SF
Lot Size 5.74 Acres & 5.62 Acres
Lease Type NNN
Term Remaining 9.5 Years & 3.5 Years
Price $ 3872000
  • Portfolio of Two STNL Industrial Properties in Hermitage, TN (Nashville MSA)
  • Sunbelt Rentals and Red River Waste are Located on Adjacent Parcels
  • Sunbelt (Shoring Solutions Division): 10-Year Lease with Rent Increases
  • Red River Waste Solutions: Recently Renewed Lease with 2% Annual Increases
  • Extensive Renovations to the Sunbelt Property
  • Located Four Miles Northeast of Nashville International Airport
  • The Nashville Region is Home to More Than Two Million People and 53,000+ Businesses (Source: Nashville Area Chamber of Commerce)
  • Over 11% Population Growth Since 2010 (Five-Mile Radius)

Doherty Houston Industrial Group is pleased to present this Sunbelt Rentals and Red River Waste Solutions properties located on adjacent parcels off Brandau Road in Hermitage, Tennessee, just 25 miles outside of Nashville, Tennessee. The Sunbelt Rentals property is an 8,574-square-foot facility sitting on 5.74 acres. The lease term is 10 years and includes periodic rent increases of two percent and three percent. The Red River Waste Solutions property is an 8,000-square foot facility sitting on 5.62 acres. Red River Waste Solutions recently renewed their lease which includes two-percent annual increases and has approximately three and one-half years remaining.

Sunbelt Rentals, Inc. is one of the largest equipment rental companies in North America and backed by a network of more than 900 locations, Sunbelt Rentals successfully services a variety of customers—from those in the commercial, residential, industrial, municipal, and specialized service industries, to weekend do-it-yourselfers. Sunbelt Rentals Shoring Solutions is a line of excavation shoring, structural shoring systems which help to keep projects running safely and smoothly. From trench boxes to fully-engineered shoring systems, Sunbelt’s trained professionals are experienced in specialty applications and can assist customers with site-specific engineered systems.

Red River Waste Solutions is a third-generation, family-owned and operated solid waste management company that has been providing waste management and recycling collection services since 1953. The company provides quality service that include residential, commercial and industrial service, as well as recycling collection and processing and landfill operations and management services.

Hermitage, Tennessee is a neighborhood, located in eastern Davidson County, adjacent to – and named in honor of – “The Hermitage”, the historic home of Andrew Jackson, seventh President of the United States. Although the area is incorporated as part of the Metropolitan Government of Nashville and Davidson County, it maintains its own identity as a residential and commercial suburban area. Major thoroughfares include U.S. Route 70, Interstate 40, and State Route 45. Hermitage has benefited from the J. Percy Priest Dam and nearby United States Army Corp of Engineers project that provides number of recreation opportunities, particularly in summer months. The dam has also contributed to the desirability and value of the area’s real estate.

Agent : Patrick Doherty

  • 512-338-7855
  • patrick.doherty@marcusmillichap.com
License: TX-622300
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