

7984 COLEY DAVIS RD NASHVILLE TN 37221-2421
NNN MEDICAL OFFICE BUILDING 100% LEASED
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NNN MEDICAL OFFICE BUILDING FOR SALE • 5,920 SF • $2.2M
Investment highlights
Harpeth Springs Business Park - Professional Office Condominiums. Beautifully designed, architecturally attractive office condominium units in a desirable Bellevue (West Nashville) location. Suites 101 (legal firm) and 102 (logistics insurance) is being offered for $1.1M yielding a 5.56% cap rate. Base rents are $22.17 and $19.13 respectively. Suites 201 and 202 (medical cosmetics) is being offered for $1.1M yielding a 5.58% cap rate. Units are serviced by elevator. Base rent is $20.77- CAM fees at $450 per month per unit or $3.65 per sq ft. and includes property and casualty insurance as well as flood insurance along with community maintenance. The tax proration is $251 per month per unit or $2.04 per sq ft. NNN Paid by tenant. CAN BE SOLD AS PACKAGE FOUR SUITES COMPRISING THE ENTIRE BUILDING FOR $2,2M OR SOLD BY SEPARATE FLOORS 2 UNITS EACH FOR $1.1M EACH - SECOND FLOOR SUITES SERVICED BY ELEVATOR.
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