7982 Coley Davis Rd 101 & 201 Active

Nashville,TN 37221

$ 1080000

- Bed

- Bath

2960 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,960 sqft

Price per Sqft $364

MLS Listing ID 2642033

Year Built 2005

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type Office

Property Description

JUST 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 one very large office, one very large meeting room, two large offices and three smaller offices, bathroom, storage room, reception desk with granite counter and waiting area. The second-floor suite presently features two very large offices, two large offices, a very large meeting room, reception area, kitchen and three storage closets. Base rent is $24.45 NNN with 3% yearly escalation.  CAM fees are $468.75 per month per unit or $3.81 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. They are being offered for sale at $1,080,000 yielding a minimum 6.7 % cap rate, and are available for a 1031 exchange.

Location

State TN

County Davidson County

Zoning COM

Interior

Fireplace N

Exterior

Roof Type Asphalt

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