Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    545 Mainstream Dr Nashville, TN 37228

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $27 SF/Yr ($5,598 /Mo)

    Office space with easy access to downtown Nashville.

    Property size:
    2,488 SF
    Lot size:
    6.85 Acres

    Property Features for 545 Mainstream Dr

    General Information

    Size
    2,488 SF
    Lot size
    6.85 Acres

    We can help!

    Listing Contact
    Shelby Hall
    Source: Moodyscre

    Listing Agent: Shelby Hall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Office Space Near Downtown

    This office space offers convenient access to Nashville's Central Business District, located approximately 3 miles from courthouses and the capitol, and 2 miles from Germantown attractions. The property benefits from direct access to the Cumberland River Greenway, which extends 1.5 miles into Downtown and Riverfront Park. Abundant surface parking is available. Recent building renovations include upgraded elevator lobbies and new common area artwork. On-site food service is provided. Recent and ongoing HVAC upgrades are being implemented throughout the building. The property offers 2488 square feet of office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    360 View Software Company Public Consulting Group Business Management Consultant Rocky McElhaney Law ... Personal Injury Attorney Hazen and Sawyer Environmental Engineer paskr Software Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.8115641
    Latitude
    36.2005578

    Nearby Similar for Lease

    • Contact for pricing
      23,000 SF

      LEED Gold Certified Office Tower

      Downtown Nashville office space with modern amenities and convenient location.
      150 3Rd Ave S, Nashville, TN 37201
      View Details
    • $35 SF/Yr
      3,432 SF

      East Nashville Flexible Retail Space

      Adaptable retail space in vibrant East Nashville neighborhood.
      1531 Jones Ave, Nashville, TN 37207
      View Details
    • $6,000 /Mo
      2,850 SF

      Creative Space in Nashville

      Creative headquarters in Nashville's next great economic expansion.
      1010 Whites Creek Pike, Nashville, TN 37207
      View Details
    • $36 SF/Yr
      17,392 SF

      Prime Office Space Near Ryman

      Two-story office building with prominent exposure and abundant amenities.
      333 Commerce St, Nashville, TN 37201
      View Details
    • $1,595 /Mo

      Modern Condo in East Nashville

      Sleek 1-bedroom condo with city views and modern amenities.
      2115 Yeaman Pl, Nashville, TN 37206
      View Details
    • $35 SF/Yr

      Retail Space in Parke West

      Vibrant West End location with high visibility and accessibility.
      110 Murphy Ct, Nashville, TN 37203
      View Details
    • $1,995 /Mo
      788 SF

      Southgate Condo with Courtyard View

      Spacious 1 bed, 1 bath condo near Nashville hotspots.
      542 Southgate Ave, Nashville, TN 37203
      View Details
    • $4,352 /Mo
      2,400 SF

      Versatile Flex Space in Nashville

      Highly visible flex space with convenient interstate access.
      474 Woodycrest Ave, Nashville, TN 37210
      View Details
    • $25,000
      13,725 SF

      Nashville Truck Terminal For Lease

      Purpose-built truck terminal with ample outdoor storage in Nashville.
      915 Visco Dr, Nashville, TN 37210
      View Details
    • Contact for pricing
      15,281 SF

      Nashville Skyline Branding Opportunity

      Rare opportunity with skyline views, outdoor amenities, and convenient location.
      404 James Robertson Pkwy, Nashville, TN 37219
      View Details
    • $28 SF/Yr

      East Nashville Retail/Office Space

      Office, retail, and restaurant spaces for lease in East Nashville.
      Nashville, TN 37206
      View Details
    • Contact for pricing
      8,074 SF

      Downtown Nashville Parking and Retail

      Prime downtown location near hotels, entertainment, and major interstates.
      350 Deaderick St, Nashville, TN 37201
      View Details

    FAQs

    What type of property is this?
    Office space - Office space with easy access to downtown Nashville.
    Where is this office space located?
    The property is located at 545 Mainstream Dr Nashville, TN.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Easy access to Nashville Central Business District; - Direct access to the Cumberland River Greenway extending 1.5 miles into Downtown and Riverfront Park; - Abundant surface parking available
    (615) 997-0010
    Request Owner's contact information
    545 Mainstream Dr Nashville, TN 37228
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    545 Mainstream Dr
    Nashville, TN 37228
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    545 Mainstream Dr Nashville, TN 37228
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Shelby Hall
    (615) 997-0010
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.