Income-Producing Office Building

176 THOMPSON LN Nashville, TN 37211

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Flexible office layout with ample parking and convenient access to major Nashville interstates.

Type:Office, Mixed Use
Property size:
24,980 SF
Price / SF:
$174/SF
Added:
Jun 17, 2026
Days on Market:
25
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


Investment Insights

Based on property information with market context.

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.

Key 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

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 (±1% cap)
NOI $337,904 @ 7.0% cap · market cap 7.77%
Second Best
Healthcare Medical
$3.74M
$3.27M – $4.36M (±1% cap)
NOI $261,870 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$7.32M
$6.41M – $8.54M (±1% cap)
NOI $512,590 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile 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

Suggested Use

Real Estate Agency Dental Office Skin Care Clinic Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

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
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