Cookeville property is set for leasing options

Cookeville – The old FedEx building at 1780 Tenn Tex Drive in Cookeville has sold for $3,800,000, according to representative of Matthews Real Estate Investment Services (MREIS) in Nashville.

The 40,000 Square Foot Facility was recently sold to an investor and businessman out of Florida. The investor says there are no plans yet for the location but hopes to lease the property soon. MREIS will handle leasing for the investor and has already begun shopping the spot out for potential tenants.

According to MREIS, the investor is owner of a Car Wash chain down south, but has no plans to place a car wash on the property. MREIS was founded in California and has 25 offices across the United States with over 600 Real Estate professionals employed.

Check back for details. This is an ongoing story.

Property courtesy of Matthews Real Estate Investment Services

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Ron Moses is the managing editor of the Upper Cumberland Business Journal and can be reached via email. Send an email.

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