Class A Light Industrial — Development Opportunity — Murfreesboro, TN

Butler Drive
Development

Butler Drive · Murfreesboro, TN · Rutherford County · Direct I-24 Access

Total SF 127,500
Buildings 5
Building Size 25,500 SF ea.
Lease Rate (Projected) $16/SF NNN
Butler Drive Development — aerial rendering
Butler Drive Development — street-level rendering

Project Overview

Best-in-Class Industrial Space in Murfreesboro’s Fastest-Growing Corridor

Butler Drive presents a premier development opportunity to create 127,500 SF of best-in-class light industrial and warehouse space in the heart of Murfreesboro’s high-demand industrial market.

The visionary design includes five identical 25,500 SF buildings (each 200′ × 120′), engineered for maximum flexibility — tenants can lease an entire building or divide into two 12,750 SF suites. Each structure features dock areas plus drive-in overhead doors at both ends, generous parking, and a striking modern aesthetic with metal siding paired with warm wood-look accents.

Strategically located with direct interstate access and visibility, and a “stone’s throw” from the new, highly anticipated Buc-ee’s location, this campus is perfectly positioned to serve established tenants seeking premium, functional space in one of the Southeast’s fastest-growing logistics corridors.

The upscale design and suite divisibility are expected to attract high-quality, long-term tenants while minimizing vacancy risk in a market hungry for new industrial product.

Butler Drive — site plan / concept plan

Building Details

Five Class A Industrial Buildings — Identical Footprint

Building Specifications

  • Number of Buildings5 (identical)
  • SF per Building25,500 SF
  • Dimensions200′ × 120′
  • Suite Divisibility2 suites of 12,750 SF ea.
  • Loading — Dock HighYes, included
  • Drive-In Overhead DoorsBoth ends of building
  • ParkingGenerous, per building
  • ExteriorMetal siding + wood-look accents
  • Asset ClassClass A Light Industrial
Butler Drive — building detail rendering

Design Philosophy

Each building features a modern, high-quality exterior utilizing metal siding with complementary architectural accents. Subtle variation in building color palettes creates visual distinction across the development, enhancing overall curb appeal and project identity.

This combination of functional design and elevated aesthetics is intended to attract and retain higher-credit, established tenants — supporting stronger lease terms, reduced vacancy, and long-term asset performance.

Butler Drive — full development site plan

Projected Financials

Investment Overview

All figures below are projections and are not guaranteed. Contact listing agent for full underwriting details.

Total Square Footage
127,500 SF
5 buildings × 25,500 SF
Projected Lease Rate
$16/SF
NNN (Triple Net)
Projected Annual Rent
$2,040,000
At full occupancy
Valuation at 6.5% Cap
$31,384,615
Projected stabilized value

Why Butler Drive

  • One of Southeast’s fastest-growing logistics corridors
  • Murfreesboro ranked among top industrial markets in Tennessee
  • Proximity to major retailers and distribution hubs
  • New Buc-ee’s driving additional traffic and commercial growth
  • High-quality tenants expected; reduced vacancy risk
  • Suite divisibility maximizes leasing speed and flexibility

Per Building Summary

  • Building SF25,500
  • Max Suite Size25,500 SF (full bldg)
  • Min Suite Size12,750 SF
  • Projected Rent/Bldg$408,000/yr

Listing Agent

Paul Smith

REALTORS®  ·  TN Lic. #315360

Keller Williams Murfreesboro 450 Saint Andrews Drive, Murfreesboro, TN 37128
Call Paul — 615.419.6005

Call or Send an Inquiry