Flex / Light Industrial — Development Opportunity — Manchester, TN

Volunteer Pkwy
Development

Volunteer Parkway · Manchester, TN · Coffee County · I-24 Exits 114 & 117

Total SF 66,000
Buildings 4
Site Size 16+ Acres
Lease Rate (Projected) $13/SF
Volunteer Pkwy Development — existing comparable building in park

Project Overview

A Proven Industrial Park with Strong Tenant Demand

Located on Volunteer Parkway in Manchester, this 16+ acre site (8+ buildable acres) offers an outstanding opportunity to deliver modern flex/industrial space in a proven industrial park with strong tenant demand.

The preliminary design features four high-quality buildings totaling 66,000 SF: two 21,000 SF structures with dock doors and two 12,000 SF buildings, each with dedicated parking, office components, and optional outdoor laydown yards.

The flexible layout allows tenants to lease full buildings or split into smaller suites, perfectly matching current market needs for adaptable warehouse and light-industrial space.

With direct visibility and easy access from I-24 Exits 114 and 117, this property is ideally positioned to capture the surging demand for logistics and distribution facilities in the Nashville MSA. Comparable buildings in the park are already leasing at the projected rate — providing immediate validation and de-risked execution for the buyer or developer.

Currently, two other similar size/type buildings in this industrial park are renting at the same projected price per SF, validating market demand.
Volunteer Pkwy — site plan
Volunteer Pkwy — vicinity map

Building Details

Four Buildings — Maximum Leasing Flexibility

Type A — Large Flex (×2)

  • Building Size21,000 SF each
  • Dimensions200′ × 100′ + bump-out
  • LoadingDock-high, 4′ dock doors
  • Office ComponentYes, included
  • ParkingDedicated per building
  • Outdoor LaydownOptional available
  • Tenancy OptionsFull building or suite

Type B — Flex Warehouse (×2)

  • Building Size12,000 SF each
  • Dimensions100′ × 120′
  • TenancySingle-tenant or smaller users
  • Office ComponentYes, included
  • ParkingDedicated per building
  • Outdoor LaydownOptional available
  • UseLight industrial / warehouse

Design & Aesthetics

The exterior design incorporates varied siding colors and storefront glass elements at office areas, creating a more refined, modern appearance while maintaining the efficiency of a traditional warehouse product. This elevated aesthetic is intended to enhance tenant appeal and differentiate the project within the Manchester market.

Projected Financials

Investment Overview

All figures below are projections based on current market comparables and are not guaranteed. Contact listing agent for full underwriting.

Total SF
66,000
4 buildings combined
Projected Lease Rate
$13/SF
Validated by park comps
Projected Monthly Rent
$71,500
At full occupancy
Projected Annual Rent
$858,000
At full occupancy
Valuation at 6.5% Cap
$13,200,000
Projected stabilized value
Comparable buildings within this industrial park are already leasing at the projected rate, providing immediate market validation.

Listing Agent

Paul Smith

REALTORS®  ·  TN Lic. #315360

Keller Williams Murfreesboro 450 Saint Andrews Drive, Murfreesboro, TN 37128
Paul Smith 615.419.6005
pandeinvestments@gmail.com Office 615.895.8000
Call Paul — 615.419.6005

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