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28762691
28762694

6312 Hwy 41 A, Pleasant View, TN 37146 For Sale

TC
TN 328757
The Cauble Group
Listed by The Cauble Group
$1,010,050
230 days on market
Updated 36 days ago

Pleasant View Medical Condo for Sale

Details
Property Type Office, Mixed Use (+1)
Sub Type Traditional Office, Medical Office
Square Footage 4,026
Units 2
Cap Rate 7.07%
NOI $71,449
Occupancy 75%
Tenancy Multi
Lease Type NNN
Lease Expiration 12/31/2026
Remaining Term 0.4
Rent Bumps Yes
Lease Options Multiple 5 Year Options
Price per SqFt $251
Class A
Year Built 2005
Buildings 1
Stories 1
Lot Size (SqFt) 4,200
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No

Mixed Use Medical Condo Plaza | 7.07% CAP | 4,000 SqFt | Growth Market

Marketing description

The Cauble Group is proud to present 6312 US-41ALT #100, Pleasant View, TN 37146.

This 4,000 square foot professional office condominium at 6312 US-41ALT #100 is located in Pleasant View, Tennessee, within the Nashville Metro area. Pleasant View has seen steady growth with a 20.92% population increase since 2020 and maintains a median household income of $101,591, which is 53.5% above the state average.

The community sits 32 miles from Nashville International Airport and benefits from Middle Tennessee's $46.7 billion healthcare industry. Recent healthcare investments in the area include HCA TriStar's $17.8 million freestanding emergency room and Vanderbilt Health's outpatient clinic.

The property houses Imagen, an established dental practice and long term tenant occupying 3,019 square feet of built-out clinical space. The dental facility includes multiple treatment rooms with digital radiography equipment, sterilization areas, patient consultation rooms, and staff facilities. The space features modern dental chairs, ceiling-mounted monitors, and professional cabinetry throughout.

An additional 1,010 square feet of unfinished shell space provides potential for practice expansion or additional tenancy.

The asset generates income at a 7% capitalization rate with stable cash flow from the dental tenant. The property is valued at $1,010,050, reflecting $287 per square foot for the built-out space and $150 per square foot for the shell area.

Nashville's medical office market currently shows a 5.8% vacancy rate, and the region continues to experience job growth. The property's location on US-41 Alternate provides visibility and access to serve Pleasant View and the broader Cheatham County market while maintaining connectivity to Nashville's healthcare network.

Investment highlights

  • Built in 2005

  • Six Fully Built out Medical Exam Rooms

  • Three Bathrooms

  • Full Kitchen

  • Poured Concrete Foundation, Brick Exterior

  • Sewer Lined Installed through condo

  • 1,000 Square Feet Available for Rent

  • Current Income: $5,651.00 + $667 OpEx Monthly

Listing Contacts

TC
TN 328757
The Cauble Group
Listed by The Cauble Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,449.00
$5,954.08/mo

Valuation Metrics

0
DSCR
7.07%
Cap Rate
7.07%
ROI

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Additional Information

Name
Tyler Cauble
License
328757
Brokerage
The Cauble Group
Brokerage Phone
615-854-7188
Title
President + Managing Broker
Brokerage Address
1100 Douglas Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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