RECEIVERSHIP SALE

INDUSTRIAL WAREHOUSE | 60,875 SF ON 7.09 ACRES (ADDITIONAL 9.5 ACRES AVAILABLE)

723 MARSHALL STUART DRIVE

DICKSON, TN 37055

Gallivan Auctioneers & Appraisers, in cooperation with Crye-Leike Realtors, is pleased to offer this two-building industrial warehouse complex for sale under Court-ordered Receivership. The property consists of 60,875 SF of total building area on 7.09 acres in the eastern industrial corridor of Dickson, Tennessee. The main office warehouse (50,875 SF, built 2003) features 8 dock-height loading doors, 19’–22′ clear heights, wet sprinklers, and 3,932 SF of finished office space. The secondary storage warehouse (10,000 SF, built 2015) adds additional covered storage capacity. The property is within five miles of Interstate 40, providing direct access to both Nashville and Memphis, and is located within the Nashville Metropolitan Statistical Area.

This sale is conducted under Court-ordered Receivership — Chancery Court of Davidson County, Tennessee, Case No. 25-0629-I. Receiver: Clarence A. Wilbon (Adams & Reese LLP), appointed by Chancellor Patricia Head Moskal.

All showing requests, offer submissions, and brokerage inquiries should be directed to the listing broker: Jon Stevens, Crye-Leike Realtors | 1904 Hwy. 46S, Suite 1, Dickson, TN 37055 | 615-519-9179 | jonstevenshomes@gmail.com | TN Broker License No. 279187

LINK TO ADDITIONAL PHOTOS AND DRONE FOOTAGE

All sales are subject to Court approval

PROPERTY INFO-

Building Size (GBA):                                      60,875 SF (Two Buildings)

Land Area:                                                      +/- 7.09 Acres (308,840 SF) (An additional 9.5 Acres is available.)

Property Use Type:                                        Industrial, Warehouse, Manufacturing

Number of Buildings:                                       2

Parking Spaces:                                             34 (Paved Surface)

PROPERTY INFO-

TOTAL ACREAGE:                                        +/- 7.09 AC

PARCEL NUMBER:                                       111 135.02

FLOOD ZONE:                                               Zone X — Outside 500-Year Floodplain

FEMA PANEL:                                                47043C0261C (Dated September 25, 2009)

NUMBER OF BUILDINGS:                            2

ZONING:                                                        M1 — Light Industrial District

COUNTY:                                                       Dickson

CITY:                                                               Dickson

STATE:                                                           Tennessee

BUILDING INFORMATION-

Building 1 — Office Warehouse

Year Built:                                                       2003

Building Size:                                                  50,875 SF

Office Space:                                                  3,932 SF (approx. 8%)

Construction:                                                   Metal / Block-Metal

Clear Height:                                                   19′ to 22′

Column Spacing:                                            25′ x 50′

Dock-Height Loading Doors:                          8

Drive-In Doors:                                                1

Sprinklers:                                                       Wet

HVAC:                                                             Units

Foundation:                                                     Spread Footing

Condition:                                                        Average

Building 2 — Storage Warehouse

Year Built:                                                       2015

Building Size:                                                  10,000 SF

Stories:                                                            2

Construction:                                                   Metal

Clear Height:                                                   19′

Drive-In Doors:                                                1

Sprinklers:                                                       None

HVAC:                                                             Units

Foundation:                                                     Continuous Footing

Condition:                                                        Average

Note: Two 20’x20′ utility sheds and a detached carport are also on-site; not included in GBA due to low-quality construction.

UTILITIES-

Water:                                                             Water Authority of Dickson County

Sewer:                                                             Water Authority of Dickson County

Electricity:                                                       Dickson Electric Service

Natural Gas:                                                    Greater Dickson Gas Authority

Telephone:                                                      Various Providers

LOCATION HIGHLIGHTS-

Interstate 40:                                                   Within 5 miles (Nashville & Memphis access)

Nashville CBD:                                               Approx. 40 miles

Dickson County Municipal Airport:                 9 miles / Approx. 18 min

Primary Corridors:                                          TN-46, TN-96, TN-47, US-70

Daily Traffic — Marshall Stuart Dr.:               Approx. 3,242 VPD

Population (10-min drive):                              15,278 (2025 est.)

Market Area:                                                   Dickson County Submarket — Nashville MSA

KEY DEMAND DRIVERS-

Interstate 40 Corridor – Direct access within 5 miles connecting Nashville and Memphis

Nashville MSA – One of the fastest-growing industrial markets in the Southeast

Low Metro Vacancy – Nashville-area industrial vacancy at 1.6% with rising rents

M1 Zoning – Permits manufacturing, warehousing, wholesale, transport & distribution

Dickson County Growth – Market area in growth stage of Market Area Life Cycle

Dual-Building Flexibility – Operate together or separately; owner-user or investor play

8 Dock Doors + Drive-In Access – Functional layout for distribution or manufacturing

MARKET CONTEXT-

Dickson County Submarket Vacancy:           8.03%

Nashville Metro Vacancy:                              1.6%

Dickson County Asking Rent:                         $7.70/SF

Nashville Metro Avg Asking Rent:                  $11.82/SF

Annual Ad Valorem Taxes (2025):                 $16,511

Tax ID:                                                            111 135.02

Tax Rate:                                                        2.40% of assessed value

Assessed Value (Total):                                 $687,960 (Land: $75,480 | Improvements: $612,480)

Assessor’s Market Value:                               $1,719,900 (per Dickson County — 2024 reappraisal year)

Next Reappraisal:                                           2029