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33706169
33706168

176 THOMPSON LN, NASHVILLE, TN 37211-2448

MD
TN 345925
The Wilson Group
Listed by The Wilson Group
$4,350,000
7 days on market
Updated 7 days ago

176 THOMPSON LN NASHVILLE TN 37211-2448

Details
APN 11910010200
Property Type Office, Mixed Use
Sub Type Traditional Office
Square Footage 24,980
Net Rentable (SqFt) 20,530
Units 100
Cap Rate 6.46%
NOI $281,086
Occupancy 90%
Tenancy Multi
Brand/Tenant Multiple Tenants
Lease Type Modified
Lease Expiration 07/31/2030
Pro-Forma Cap Rate 7.47%
Pro-Forma NOI $325,000
Price per SqFt $174
Class B
Year Built 1973
Year Renovated 2025
Buildings 1
Stories 3
Acreage 1.290
Zoning OR20
Parking Spaces 100 spaces
Parking Per SqFt 4.00
Investment Type Stabilized
Lease Commencement 05/01/2018
Ground Lease No
Sale Condition N/A

Income-Producing Nashville Office Investment | 24,980 SF | Offered at $4,350,000

Marketing description

176 Thompson Lane presents a rare opportunity to acquire a well-located, income-producing office asset in the heart of Nashville. Professionally measured at 24,980 square feet, the property generated approximately $281,000 in Net Operating Income during 2025 and is being offered for $4,350,000.

The property benefits from a highly accessible location with convenient connectivity to I-65, I-24, I-440, and the greater Nashville metropolitan area. Its flexible layout, ample parking, and strong visibility make it attractive to a variety of tenants, including professional office, medical, and service-oriented users.

Investors will appreciate the property's established cash flow and potential for future rent growth, while owner-users have the unique opportunity to acquire a substantial Nashville office presence while offsetting occupancy costs through existing rental income. With replacement costs significantly exceeding today's acquisition cost and continued growth throughout the Nashville market, 176 Thompson Lane represents a compelling opportunity for both investment and long-term appreciation.

Investment highlights

Strong Cash Flow: Generated approximately $281,000 in Net Operating Income during 2025 with room for growth

Attractive Basis: Offered at $4,350,000 ($175/sq ft)

Professionally Measured: Total building size of 24,980 square feet

Strategic Location: Centrally located in Nashville with convenient access to I-65, I-24, I-440, and downtown Nashville

Ample Parking: Significant on-site parking supporting office, medical, or professional service users

Flexible Occupancy Options: Suitable for investors seeking stable income or owner-users looking to occupy a portion while benefiting from existing cash flow

Value-Add Potential: Opportunity to increase rents, improve occupancy, or reposition the asset over time

High Barrier-to-Entry Market: Located in one of Nashville's most established and desirable commercial corridors

Tenants in Place: Established leases with long term tenants.

Listing Contacts

MD
TN 345925
The Wilson Group
Listed by The Wilson Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$281,086.00
$23,423.83/mo

Valuation Metrics

0
DSCR
6.46%
Cap Rate
6.46%
ROI

Map

Zoning

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OR20 MixedMixed UseOffice Residential 20 Units An Acre
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View all 182 uses
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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