Income-Producing Office
176 THOMPSON LN, Nashville, TN 37211
Flexible office layout with ample parking and convenient access to major Nashville interstates.
Type:Office, Mixed Use
Property size:
24,980 SFPrice / SF:
$174/SF- Added:
- Jun 17, 2026
- Days on Market:
- 22
- Last Refresh:
- Jun 24 at 2:44 am
Property Features for 176 THOMPSON LN
General Information
- Standard status
- Active
- Size
- 24,980 SF
- Property subtype
- Office, Mixed Use
Building Details
- Year Built
- 1973
Listing office The Wilson Group
Listing date Jun 17, 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 The Wilson Group
HighLights
- Professional‑measured office building totaling 24,980 SF, built in 1973
- Approximately $281,000 Net Operating Income during 2025
- Offered at $4,350,000
- Convenient access to I‑65, I‑24, and I‑440 plus the greater Nashville metro area
- Flexible layout designed for multiple tenant types, including professional office, medical, and service‑oriented users
- Ample parking and strong visibility
Overview
176 Thompson Lane is a professionally measured office asset totaling 24,980 square feet. The property is presented as an income-producing building, reporting approximately $281,000 in Net Operating Income during 2025. The offering is for $4,350,000.
The property is positioned to support tenant and employee access across the greater Nashville metropolitan area, with convenient connectivity to I-65, I-24, and I-440. The building also features ample parking and visibility that can support a range of professional uses.
With a flexible layout, 176 Thompson Lane can fit a variety of professional office, medical office, and service-oriented users. For investors, the property’s established NOI provides a clear baseline of operating performance as of 2025. For owner-users, the existing income stream may help offset occupancy costs while maintaining a substantial office presence in the Nashville market.
The property is positioned to support tenant and employee access across the greater Nashville metropolitan area, with convenient connectivity to I-65, I-24, and I-440. The building also features ample parking and visibility that can support a range of professional uses.
With a flexible layout, 176 Thompson Lane can fit a variety of professional office, medical office, and service-oriented users. For investors, the property’s established NOI provides a clear baseline of operating performance as of 2025. For owner-users, the existing income stream may help offset occupancy costs while maintaining a substantial office presence in the Nashville market.
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 | $539.6k | $21.60 |
| − Vacancy | −$89.0k | −$3.56 |
| EGI | $450.5k | $18.04 |
| − OpEx | −$112.6k | −$4.51 |
| NOI | $337.9k | $13.53 |
24,980 SF · lease $21.60/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.83M
$4.22M – $5.63M
NOI $337,904 @ 7.0% cap · market cap 7.77%
Second Best
Healthcare Medical
$3.74M
$3.27M – $4.36M
NOI $261,870 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$7.32M
$6.41M – $8.54M
NOI $512,590 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
First Payment
Financial Advisor
GSE Consulting Engineers
Engineering Consultant
FedEx Drop Box
Postal Service
Chad Stewart & Associates, ...
Structural Engineer
Advanced Spine & Wellness
Alternative Medicine Practice
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.737856
- Latitude
- 36.11086
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FAQs
What type of property is this?
Office building - Flexible office layout with ample parking and convenient access to major Nashville interstates.
Where is this office building located?
The property is located at 176 THOMPSON LN Nashville, TN.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: Professional‑measured office building totaling 24,980 SF, built in 1973; Approximately $281,000 Net Operating Income during 2025; Offered at $4,350,000
