165 Belle Forest Cir Nashville, TN 37221
Commercial condo in Bellevue Office Park, Nashville, for sale.
- Added:
- Feb 5, 2026
- Days on Market:
- 159
- Last Refresh:
- Jun 27 at 12:59 pm
Property Features for 165 Belle Forest Cir
General Information
- Standard status
- Active
- Size
- 1,848 SF
- Property subtype
- Office
Building Details
- Year Built
- 1983
Listing office Compass Commercial (615) 475-5616
Listing date Feb 5, 2026
Source Crexi
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 Compass Commercial
Investment Insights
Based on property information with market context.
Key Highlights
- Immediate in‑place income from Unit B leased to a stable dental office.
- Unit A available for lease or owner‑occupancy, offering flexibility.
- Projected 6.85% stabilized cap rate for Unit A at $25.00/SF NNN.
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 | $48.8k | $26.40 |
| − Vacancy | −$7.6k | −$4.09 |
| EGI | $41.2k | $22.31 |
| − OpEx | −$10.3k | −$5.58 |
| NOI | $30.9k | $16.73 |
