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Medical Center Office Space
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397 Wallace Rd, Nashville, TN 37211

Professional-managed medical center suite on the Southern Hills Medical Center campus with on-site security and a cafeteria.

Space Size3,489 SF
Days on Market164

Property Features for 397 Wallace Rd

General Information

Standard status Active
Size 3,489 SF
Property subtype OFFICE
Lease Type Full Service

Site & Location

Neighborhood Southeast

Spaces For Lease

at 397 Wallace Rd
397 Wallace Rd $25/SF/Yr
Floor 2
Size 3,489 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease Yes
- Suite 216 – 3,489 RSF - Suite layout: seven (7) exam rooms, three (3) private offices, one (1) break room, two (2) private restrooms, one (1) storage room, one (1) nurse station, one (1) reception/waiting room - Asking Rate: $25.00/RSF Full-Service Gross - Lease expiration: 6/30/2029 - Plug & play space located within the TriStar Southern Hills campus - On-site amenities: 24/7 security, property management and maintenance, cafeteria - Ample surface parking with valet available
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Listing Agency: Colliers | Nashville
Listed By: Ashley Harrison
Source: Moodyscre
Added: May 18 Changed: Oct 25 Last Checked: Oct 26 at 4:25PM

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 Colliers | Nashville

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Investment Insights

Based on property information with market context.

This leased medical office space is located on the Southern Hills Medical Center campus. The building includes on-site security and a cafeteria for tenant convenience, and campus management and maintenance are provided to support a well-maintained environment.

The campus setting is described as offering easy access for patients and being conveniently close to Brentwood. Several referring physicians are also on campus, supporting a dense, medical-focused tenant mix within the same facility.

The property is positioned for healthcare users seeking an established medical center environment with ongoing management support and day-to-day maintenance.

Key Highlights

  • Professional‑managed medical center suite on the Southern Hills Medical Center campus
  • On‑site security and a cafeteria for added tenant convenience
  • Professional management and maintenance provided on campus

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

TriStar Southern Hills ... Medical Clinic Integrity Dental Dental Office Tennessee Oncology PLLC: ... Medical Clinic Hickory Medical Advisors: ... Physician Family Practice Associates ... Pediatrician

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Building Supply Skin Care Clinic Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,261
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Nashville, TN

10.5% 2019
15.2% 2020
18.5% 2021
19.5% 2022
18.2% 2023
15.4% 2024
16.1% 2025

Frequently Asked Questions

What type of property is this?
Medical center - Professional-managed medical center suite on the Southern Hills Medical Center campus with on-site security and a cafeteria.
Where is this medical center located?
The property is located at 397 Wallace Rd Nashville, TN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Professional‑managed medical center suite on the Southern Hills Medical Center campus; On‑site security and a cafeteria for added tenant convenience; Professional management and maintenance provided on campus
(815) 263-8329 Call to check price and availability
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