Office-Integrated Flex
2715 Grandview Avenue, Nashville, TN 37211
For Sale
New
Contact for pricing
The vacant property pairs warehouse and flex capacity with substantial office improvements for immediate occupancy.
Property Size17,620 SF
Lot Size0.73 Acres
Price / SF$241.20
Days on Market7
Property Features for 2715 Grandview Avenue
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Neighborhood
Warehouse & Industrial
Clear Height
Office Build-Out
Additional Details
Asking Price
Property Use
Listing Agency:
Veritas Realty Group
Listed By:
Brian Masterson · License TN #367274
(419) 260-0245
Source:
Crexi
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 3:32PM
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 Veritas Realty Group
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Investment Insights
Based on property information with market context.
This Nashville flex property contains 17,620 square feet, including 6,833 square feet of existing office improvements, on approximately 0.73 acres. The facility has 14-foot clear heights, loading capabilities, and approximately 50 parking spaces. It is vacant and available for immediate occupancy, with warehouse and office components already in place.
Located at 2715 Grandview Avenue, the property is in Nashville, Tennessee. The site offers access to major transportation routes, downtown Nashville, and the broader Middle Tennessee market.
Located at 2715 Grandview Avenue, the property is in Nashville, Tennessee. The site offers access to major transportation routes, downtown Nashville, and the broader Middle Tennessee market.
Key Highlights
- 17,620 square feet of industrial and flex space, including 6,833 square feet of office improvements
- Approximately 0.73 acres at 2715 Grandview Avenue in Nashville
- 14‑foot clear heights and loading capabilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,797
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,755,940
$2.8M
Cap Rate 7%
$1,968,529
$2.0M
Cap Rate 9%
$1,531,078
$1.5M
Market Conditions
NOI Build-Up for 17,620 SF
Gross rent
$168.6K $9.57/SF
− Vacancy
−$6.5K −$0.37/SF
EGI
$162.1K $9.20/SF
− OpEx
−$24.3K −$1.38/SF
NOI
$137.8K $7.82/SF
Area
ZIP 37211
Vacancy
3.86%
Lease Rate
$9.57 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,755,940
Cap Rate 7%
$1,968,529
Cap Rate 9%
$1,531,078
Alternative Uses
Best Use
Warehouse
$1.97M
$1.72M – $2.30M
NOI $137,797 @ 7.0% cap · market cap 3.24%
Second Best
Flex RnD
$1.87M
$1.63M – $2.18M
NOI $130,564 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$5.17M
$4.52M – $6.03M
NOI $361,562 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
14 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,381
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37211, TN
81,830
Population
34,650
Households
2.4
Avg Household Size
33
Median Age
43%
College-Educated
86%
High-School Grad
21.7 sq mi
ZIP Area
3,771
Density / Sq Mi
$69,936
Median Household Income
$42,270
Median Earnings
$1,444
Median Rent
$374,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Nashville
Vacancy Rate% for Industrial in Nashville, TN
Similar Off Market Nearby
- Chef Penelope's Catering — 2920 Sidco Dr, Nashville, TN 37204
- Lahacienda Food Services Warehouse — 2639 Grandview Ave, Nashville, TN 37211
- Bacon & Caviar Gourmet Catering — 2702 Nolensville Pk, Nashville, TN 37211
- Midstate Catering — 326 Lutie St, Nashville, TN 37210
Frequently Asked Questions
What type of property is this?
Flex space - The vacant property pairs warehouse and flex capacity with substantial office improvements for immediate occupancy.
Where is this flex space located?
The property is located at 2715 Grandview Avenue Nashville, TN.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 17,620 square feet of industrial and flex space, including 6,833 square feet of office improvements; Approximately 0.73 acres at 2715 Grandview Avenue in Nashville; 14‑foot clear heights and loading capabilities
