106 Industrial Park Drive — Soddy-Daisy, TN | SOLD — $2,000,000

The FJO Group represented ownership in the sale of 106 Industrial Park Drive, an 18,000 SF single-tenant industrial building on a 1-acre lot in Soddy-Daisy, Tennessee.

The exit completed a full value-add cycle. The asset was originally acquired with a below-market tenant in place, held through the existing term, then repositioned to a new market-rate lease. The current tenant subsequently exercised a purchase option, acquiring the building and delivering ownership a clean, efficient exit at $2,000,000 — no marketing period, no carrying drag, a direct close.

Sourced, repositioned, leased, and sold — a complete execution from acquisition through exit.