Multi-Office Office
1208 Nashville Pike Gallatin, TN 37066
1208 Nashville Pike, Gallatin, TN, 37066
$975,000
For Sale
$975,000
Multi-office property with reception, kitchen, conference room with fireplace, restroom, and ample storage space.
Property Size2,320 SF
Price / SF$420.26
Days on Market135
Property Features for 1208 Nashville Pike
General Information
- Standard status
- Active
- Size
- 2,320 SF
- Property subtype
- Office
Building Details
- Year Built
- 1952
Listing agency
Crye-Leike, Inc., REALTORS
(615) 476-7653
Listed by
BRUCE KITTRELL
(615) 476-7653
Source
Xome
Added: Mar 8 Updated: Jul 20 at 9:14PM Checked: Jul 21 at 3:08AM
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 Crye-Leike, Inc., REALTORS
Investment Insights
Based on property information with market context.
This office property features five large offices along with a spacious reception area, a kitchen, and a large conference room that includes a fireplace. A restroom and ample storage space are also provided, and quality upgrades have been implemented throughout the property over the years.
The building is located in a sought-after area of Gallatin, TN, and benefits from significant daily traffic volume.
The configuration supports a professional office layout with dedicated workspaces, an entry/reception area, and conference space for client meetings.
The building is located in a sought-after area of Gallatin, TN, and benefits from significant daily traffic volume.
The configuration supports a professional office layout with dedicated workspaces, an entry/reception area, and conference space for client meetings.
Key Highlights
- 1952‑built property with a multi‑office layout
- Five large offices plus a spacious reception area
- Conference room features a fireplace
Local Financial Insights For Office B
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 | $61.2k | $26.40 |
| − Vacancy | −$9.5k | −$4.09 |
| EGI | $51.8k | $22.31 |
| − OpEx | −$12.9k | −$5.58 |
| NOI | $38.8k | $16.73 |
2,320 SF · lease $26.40/SF/yr · vacancy 15.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$554.5K
$485.2K – $646.9K
NOI $38,816 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$812.1K
$710.6K – $947.4K
NOI $56,845 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office units - Multi-office property with reception, kitchen, conference room with fireplace, restroom, and ample storage space.
Where is this office units located?
The property is located at 1208 Nashville Pike Gallatin, TN.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 1952‑built property with a multi‑office layout; Five large offices plus a spacious reception area; Conference room features a fireplace
