Ascend Transportation

The City of Jackson, known as "The Hub City," is the 8th largest city in the state of Tennessee. While the nickname "Hub City" is a nod to Jackson's history as a railroad town, the city's location halfway between Nashville and Memphis along Interstate 40, as well as its rail access, being located an hour from each major river in Tennessee, and its regional airport make it a modern-day, multi-modal hub. The connectivity that helped Jackson earn its nickname also led the city to become a center of trade, education, entertainment, arts and culture, and industry. Jackson is home to six colleges and universities, as well as a state technology center. Healthcare is Jackson's largest industry, followed by manufacturing with everything from automotive parts to Pringles potato chips being made in Jackson. Jackson serves as the retail, employment, and entertainment hub for the West Tennessee region, serving over 400,000 people on a daily basis.The Kase Group is pleased to present the opportunity to purchase a well-maintained fulfillment center located in Jackson, Tennessee. The tenant is subject to a new 10-year lease with limited landlord obligations and is corporately guaranteed by Ascend Transportation. The tenant, Ascend Transportation, is a 3PL company, and the two primary occupants at the facility are Kellogg's and Toyota. The distribution center consists of 330,000 square feet and features an additional 24,000 square foot front building, designed as a cross dock for LTL freight. The offering is situated on a 33-acre lot and benefits from its close proximity to Highway 70 E (10,157 VPD) and Interstate 40 (43,910 VPD) with access into both Nashville and Memphis along Interstate 40.