The industrial property near Nashville International Airport, which was previously owned by the popular snack food maker Nabisco, has been sold for $6.45 million. The transaction was recorded in a document filed with the Davidson County Register of Deeds.
The new owner of the property is a trust that has affiliations with Light Bulb Depot, a renowned company specializing in lighting solutions. The sale of this property marks an important development in the real estate market in the vicinity of the airport.
Located at 1740 Elm Hill Pike, the property stands as an integral part of the industrial landscape near Nashville International Airport. Its strategic location, in close proximity to the airport, has made it an attractive investment opportunity for various businesses.
The acquisition of this property by a trust connected to Light Bulb Depot underlines the potential for growth and development in the surrounding area. The presence of a well-established company such as Light Bulb Depot hints at the positive prospects and opportunities that lie ahead for the industrial sector near Nashville International Airport.
With this purchase, the trust has not only gained ownership of a prime industrial property but has also positioned itself strategically within a key location for business activities. The property’s easy accessibility and convenience to the airport offer numerous advantages to future tenants or occupants.
This sale sheds light on the growing demand for industrial properties near airports, as they provide excellent logistical advantages for businesses involved in transportation, distribution, and manufacturing. Nashville International Airport, being a major transportation hub, is particularly attractive to companies looking to enhance their supply chain and market reach.
The amount invested in this transaction, a sizable $6.45 million, reflects the recognition of the property’s value and its prospects for generating returns in the future. The trust’s affiliation with Light Bulb Depot further solidifies the investment decision, as it brings with it a wealth of expertise and experience in the industry.
As Nashville continues to experience growth and economic development, the industrial property market in its surrounding areas has become increasingly active. The sale of this former Nabisco property is a clear indication of the rising interest in the region as a prime location for businesses seeking to capitalize on the city’s success.
The sale of the former Nabisco property not only provides a boost to the local real estate market but also contributes to the overall economic progress of the area. The investment made by the trust affiliated with Light Bulb Depot demonstrates confidence in the potential for further growth and development in the vicinity of Nashville International Airport.
In conclusion, the recent sale of the industrial property near Nashville International Airport previously owned by Nabisco for $6.45 million emphasizes the increasing demand and attractiveness of the area for business investments. The involvement of a trust affiliated with Light Bulb Depot highlights the strategic importance of the location and its potential for growth. This transaction not only benefits the local real estate market but also contributes to the overall economic development of the area.
– Nashville International Airport: [https://www.flynashville.com/]https://www.flynashville.com/
– Davidson County Register of Deeds: [http://www.davidsondeeds.com/]http://www.davidsondeeds.com/
– Light Bulb Depot: [https://www.lightbulbdepot.com/]https://www.lightbulbdepot.com/