7982 Coley Davis Rd 101 & 201
Desirable Location - Great Tenants on Long-Term NNN Medical Lease
Marketing description
NNN LEASED 65-MONTH MEDICAL W/3% YEARLY ESCALATION: Beautifully designed, architecturally attractive office condominium units in a desirable Bellevue (West Nashville) location. Each unit features a trendy private outdoor patio space enclosed for exclusive use. Harpeth Springs Business Park - Professional Office Condominiums.
The first-floor suite currently features a conference room and a large executive office, two additional large offices and three smaller offices, bathroom, storage room, reception desk with granite counter and an open waiting area.
The second-floor suite presently features two large executive offices, two other private offices, a spacious meeting room, reception area, kitchen and three storage closets.
Base rent is $24.45 NNN with 3% yearly escalation. CAM fees are $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.
Investment highlights
~ One of the hottest Nashville areas with increasing property values - Prime Investment Opportunity in Harpeth Springs Business Park – Bellevue.
~ Easy Access to I-40 and Highway 70 nearly one mile from Bellevue One Plaza and ¾ mile to Public Transportation.
~ Less than 15 minutes to universities, hospitals and medical institutions.
~ Less than 15 minutes to downtown Nashville, Green Hills, Belle Meade, West End, Brentwood, Franklin, Fairview, Pegram and Kingston Springs.
~ Nearby eateries of O'Charley's, Arby's, Sonic, Jonathan's, Starbucks, Five Guys, McDonald's, Burger King, Subway, Chili's, Panera, & Dunkin Donuts.
~ Minutes to banking institutions of Pinnacle, Tennessee Credit Union, Wells Fargo, Suntrust, Bank of America, Chase and Post Office, UPS and Staples.
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