7982 Coley Davis Rd, Unit 101 & 201 Nashville, TN 37221
Property Features for 7982 Coley Davis Rd
General Information
- Standard status
- Active
- Lot size
- 0.40 Acres
Source:
Exprealty
Listing Agency: Keller Williams Realty Nashville/Franklin Listing Agent: Alex Delgado
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Leased Medical Office Condominiums
These architecturally attractive office condominium units are located in a desirable Bellevue (West Nashville) location. Each unit includes a private outdoor patio space enclosed for exclusive use. The property is situated in Harpeth Springs Business Park - Professional Office Condominiums. The first-floor suite features one very large office, one very large meeting room, two large offices and three smaller offices, a bathroom, a storage room, a reception desk with granite counter, and a waiting area. The second-floor suite presently features two very large offices, two large offices, a very large meeting room, a reception area, a kitchen, and three storage closets. The 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 include property and casualty insurance, flood insurance, and community maintenance. The tax proration is $251 per month per unit, or $2.04 per sq ft. The property is being offered for sale at $967,680, yielding a minimum 7.5% cap rate, and is available for a 1031 exchange.
Location Intelligence
Current Use by Public Records
Custom Fit Bookkeeping ...
Tax Preparation Service
Nichols Management
Engineering Consultant
Protection Plus Security
Security Guard Service
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.966895
- Latitude
- 36.074845
Nearby Similar for Sale
FAQs
What type of property is this?
Medical office - NNN leased medical office condos with 7.5% cap rate.
Where is this medical office located?
The property is located at 7982 Coley Davis Rd, Unit 101 & 201 Nashville, TN.
What is the asking price?
The asking price for this property is $967,680.
What are key features of this property?
This property features: - NNN Leased Investment: Provides a passive income stream with a 7.5% cap rate.; - 5-Year Medical Lease with Escalation: Secure long-term tenant with 3% yearly rent increase.; - Desirable Bellevue Location: Situated in a sought-after West Nashville business park.