106 Industrial Park Drive — Soddy-Daisy, TN | LEASED

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

This lease captured the value built into the asset. The building was originally acquired with a below-market tenant in place — a deliberate value-add hold. As that lease ran its course, ownership repositioned the property and secured a new lease at full market terms, delivering a substantial step-up in income and stabilizing the asset.

The result: acquisition thesis executed, NOI repositioned, and a well-located industrial building stabilized at market.