Listed by Franklin Street
$4,500,000
Metro Plex // Near Nashville International Airport
Details
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 52,888
Net Rentable (SqFt) 49,044
Occupancy 66%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 7.75%
Pro-Forma NOI $348,548
Price per SqFt $85
Broker Co-Op Yes
Class C
Year Built 1983
Buildings 2
Stories 2
Acreage 4.770
Investment Type Value Add
Ownership Fee Simple
49,000 SF // $91/SF Office Building
Marketing description
The Metroplex Portfolio offers a rare opportunity to acquire two well-maintained flex/office buildings totaling approximately ±49,000 square feet across 444 Metroplex Drive (Building A) and 1221 Antioch Pike (Building B) in Nashville, Tennessee. Both assets are located within the established Metroplex Business Park, a dynamic corridor in Southeast Nashville known for its strong tenant base, excellent access, and proximity to major employment centers.
Building A at 444 Metroplex Drive features a modern single-story flex layout with direct suite access, ideal for professional services, medical, and light industrial users. Building B at 1221 Antioch Pike complements the portfolio with a similar design, providing additional scale and flexibility for tenants. Each property offers ample surface parking, efficient layouts, and professionally maintained interiors and exteriors.
The properties are institutionally managed and demonstrate consistent performance, benefiting from a stable rent roll and diversified tenant mix. Together, they present a scalable investment with reliable cash flow and opportunities for value enhancement through lease-up, rent adjustments, and cosmetic improvements.
The Metroplex Portfolio is strategically positioned in Southeast Nashville, one of the city’s most active commercial and industrial corridors. Situated just six miles from Nashville International Airport (BNA) and minutes from Interstates 24, 40, and 65, the properties benefit from exceptional regional connectivity and logistical convenience. This prime location allows tenants to easily access the airport, downtown Nashville, and surrounding business districts, making it ideal for companies that value both accessibility and visibility.
The surrounding Metroplex Business Park has long been favored by regional offices, service companies, and logistics users due to its proximity to major highways, abundant labor force, and high-quality business infrastructure. Nashville’s continued population and job growth—driven by leading industries such as healthcare, technology, and corporate services—further strengthens tenant demand for flexible, well-located office and industrial space. The Antioch Pike and Metroplex Drive corridor offers investors a proven, high-demand location positioned for long-term performance and appreciation.
Investment highlights
- Two-Building Portfolio: Approximately 49,000 SF of well-maintained flex/office space across 444 Metroplex Drive (Building A) and 1221 Antioch Pike (Building B) in Nashville, TN.
- Stable Occupancy and Diverse Tenant Mix: Multiple tenants across both properties with staggered lease terms that reduce rollover risk.
- Desirable Flex Configuration: Functional layouts accommodate a wide range of uses, including traditional office, service, and medical.
- Professional Management: Consistent operations and detailed expense tracking ensure stable long-term performance.
- Value-Add Potential: Opportunity to enhance rental income through market rent adjustments, lease-up, and cosmetic upgrades.
- Established Business Park Location: Located within Metroplex Business Park, a proven commercial hub surrounded by national and regional employers.
- High Accessibility: Excellent connectivity to Interstates 24, 40, and 65, just six miles from Nashville International Airport (BNA) and minutes from downtown Nashville.
Listing Contacts
Listed by Franklin Street
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