Warehouse Distribution with
114 Bush Rd Nashville, TN 37217
For Sale
$6,750,000
Warehouse and office space with four dock doors on IWD-zoned land near major interstates and BNA airport.
Property Size49,199 SF
Lot Size2.72 Acres
Price / SF$137.20
Days on Market16
Property Features for 114 Bush Rd
General Information
- Standard status
- Active
- Size
- 49,199 SF
- Lot size
- 2.72 Acres
- Property subtype
- Warehouse
Building Details
- Year Built
- 1970
Listing Agency:
Twin Willows Realty, LLC
(615) 497-5284
Listed By:
Ashley Brummitt
(615) 497-5284
Source:
Xome
Added: Jul 9
Changed: Jul 22
Last Checked: Jul 24 at 4:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Twin Willows Realty, LLC
Investment Insights
Based on property information with market context.
This warehouse and flex-style distribution property includes a mix of warehouse space and office areas. The main floor offices have undergone modern renovations, supporting a functional layout for light manufacturing and distribution use. The site features ample parking, multiple entrances, and a wrap-around drive to accommodate different operational needs.
Conveniently located near BNA airport and accessible to I-40 and I-24, the property is positioned for travel and transport.
The building is zoned IWD and includes four dock doors, providing practical loading and receiving capacity for distribution-focused operations.
Conveniently located near BNA airport and accessible to I-40 and I-24, the property is positioned for travel and transport.
The building is zoned IWD and includes four dock doors, providing practical loading and receiving capacity for distribution-focused operations.
Key Highlights
- 49,199 SF warehouse and office building on 2.72+/- acres
- 4 dock doors with warehouse and office space
- Zoned IWD with a mix of warehouse and office space for light manufacturing and distribution
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $767.5k | $15.60 |
| − Vacancy | −$38.4k | −$0.78 |
| EGI | $729.1k | $14.82 |
| − OpEx | −$255.2k | −$5.19 |
| NOI | $473.9k | $9.63 |
49,199 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$6.77M
$5.92M – $7.90M
NOI $473,934 @ 7.0% cap · market cap 7.02%
Second Best
Warehouse
$5.50M
$4.81M – $6.41M
NOI $384,761 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$12.52M
$10.96M – $14.61M
NOI $876,726 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Randall House Publications
Publishing House
Elements Kids Worship
Church
Similar Off Market Nearby
- Tacos de Michoacán — 1691 Murfreesboro Pike, Nashville, TN 37217
- Beyond Gravy — 5131 Harding Pl, Nashville, TN 37211
FAQs
What type of property is this?
Flex space - Warehouse and office space with four dock doors on IWD-zoned land near major interstates and BNA airport.
Where is this flex space located?
The property is located at 114 Bush Rd Nashville, TN.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: 49,199 SF warehouse and office building on 2.72+/- acres; 4 dock doors with warehouse and office space; Zoned IWD with a mix of warehouse and office space for light manufacturing and distribution
