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26457861
26458287

2525 21st ave S, Nashville, TN 37212

JP
TN 348249
Avison Young - Nashville
Listed by Avison Young - Nashville
$4,500,000
295 days on market
Updated 114 days ago

2525 21st Ave S - Parker's Paws Veterinarian

Details
Property Type Retail
Sub Type Vetrinarian
Square Footage 6,814
Cap Rate 5.15%
NOI $231,675
Occupancy 100%
Tenancy Single
Lease Type NN+
Lease Term 10
Lease Expiration 02/28/2035
Remaining Term 8.7
Rent Bumps Yes
Lease Options 2, 5 year options
Class A
Year Renovated 2024
Acreage 0.440
Zoning Commercial
Parking Spaces 17 spaces
Parking Per SqFt 2.49
Investment Type Stabilized
Lease Commencement 03/01/2025

Retail | 5.15% CAP | 6,814 SqFt

Marketing description

Parker’s Paws is a full-service veterinary practice founded in 2013, known for delivering compassionate, personalized care to both pets and their owners. The clinic is widely praised for its clinical excellence, fair pricing, and warm, welcoming atmosphere.

Their approach includes responsible vaccination protocols, thorough physical exams, transparent diagnostics, and clear, up-front pricing - ensuring clients are fully informed and involved in every step of care. With a strong reputation, medical credibility, and deep community trust, Parker’s Paws is a standout tenant that brings lasting value to pet owners throughout Nashville.

Investment highlights

  • Location: Located directly on 21st Avenue in the

heart of Nashville’s Hillsboro Village and Green Hills

neighborhoods. The property sits at the signalized

intersection of Woodlawn Drive and 21st Avenue.

  • Long-term lease: Over 9.5 years of lease term

remaining which provides an investor stable, reliable

cash flow.

  • Experienced local tenant: While the Tenant, Parker’s

Paws, just executed a 10-year lease at this property

last year, they have been operating for over 12 years

in the immediate market and are known locally as

one of the premier veterinarian operators in town.

  • NNN lease: Tenant fully reimburses landlord for any

roof, structure, and parking lot repairs and Tenant

is responsible for all other repairs directly (HVAC,

electrical, repairs to building interior).

Listing Contacts

JP
TN 348249
Avison Young - Nashville
Listed by Avison Young - Nashville

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$231,675.00
$19,306.25/mo

Valuation Metrics

0
DSCR
5.15%
Cap Rate
5.15%
ROI

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Additional Information

Name
Jordan Powell
License
348249
Title
TENNESSEE
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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