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29346196
29346197

319 Plus Park Blvd, Nashville, TN 37217 For Sale

JS
TN TN 333989
Franklin Street
Listed by Franklin Street
$1,895,000
177 days on market
Updated 85 days ago

319 Plus Park Nashville

Details
APN 106-00-0-116
Property Type Office
Sub Type Traditional Office
Square Footage 10,000
Net Rentable (SqFt) 10,000
Units 5
Cap Rate 7.50%
NOI $142,093
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $190
Broker Co-Op Yes
Class B
Year Built 1984
Buildings 1
Stories 2
Acreage 1.000
Investment Type Stabilized
Ownership Fee Simple

Nashville Office Building // 100% Occupied // Long Term Tenants

Marketing description

Franklin Street is pleased to present the opportunity to acquire a strategically located asset in one of Nashville’s most rapidly evolving commercial districts. Positioned within a highly accessible, centrally connected corridor, the property sits in a thriving business hub surrounded by a mix of industrial, office, and service-oriented users — offering exceptional visibility and strong fundamentals for long-term investment performance.

The asset is backed by a stable, long-term tenancy structure that provides predictable cash flow and attractive security for investors. With a durable lease profile and options extending well into the future, the property offers both income stability and strategic flexibility in a submarket benefiting from consistent population growth, expanding employment centers, and major infrastructure improvements across Nashville.

The surrounding area is supported by an established commercial ecosystem, with national operators such as Walmart, Lowe’s, Target, Home Depot, and ALDI in proximity, alongside a range of regional service providers, medical offices, logistics facilities, and hospitality users. The corridor benefits from strong traffic patterns and convenient access to I-24, I-40, and the downtown core, drawing consistent activity from commuters, residents, and workforce populations. Robust demographics further underpin the asset, with more than 200,000 residents and over 90,000 households within a five-mile radius — ensuring durable demand in a submarket experiencing sustained development momentum.

The property also benefits from its convenient proximity to Nashville International Airport (BNA), located just minutes away via direct interstate access. This close connection to one of the nation’s fastest-growing airports enhances the site’s regional and national connectivity, supporting tenant operations, logistics efficiency, and overall accessibility for business travelers and workforce users.

Investment highlights

  • Prominent Location Within a Growing Commercial Corridor Offering Strong Visibility and Access

  • Well-Positioned Freestanding Asset Providing Excellent Exposure and Stable Tenant Presence

  • Situated minutes from the Nashville International Airport (BNA)

  • Excellent unit mix for office users currently 100% occupied

  • Prime South Nashville Submarket Surrounded by Major Employers, Industrial Users, and Service Operators

  • Strategically Located Minutes From Downtown Nashville With Immediate Connectivity to I-24, I-40, and Key Employment Hubs

Listing Contacts

JS
TN TN 333989
Franklin Street
Listed by Franklin Street

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$142,093.00
$11,841.08/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Justin Sturdivant
License
TN 333989
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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