1225 Garrison Dr Murfreesboro, TN 37129-2571
- Office buildings
- 62,280 SF
- 9.96 lot acres
Current Use by Public Records
- Kasai North America, Inc. Headquarters / Corporate Office
- Turner Victory Team at Onward Real Estate in Murfreesboro / Real Estate Consultant / Real Estate Rental Agency
- Lisa Doxey, Realtor ONWARD Real Estate / Real Estate Agency / Real Estate Agent
- Jackie Hogencamp, Onward Real Estate + Element Building Group / Real Estate Agent
- Jonathan Dodson, Onward Real Estate / Real Estate Agent
Property Details for 1225 Garrison Dr
- Year built
- 2016
- Lot size
- 9.96 lot acres
- Property size
- 62,280 SF
- Property type
- Office buildings
- APN
- 079-065.02-000
- APU
- 7906502000
Description
This exceptional Class A office space, totaling 2,523 square feet, is situated within a 22,671 square foot building on a 9.9-acre campus in Murfreesboro, Tennessee. The suite is located on the second floor and is part of a multi-tenant building. The property boasts 306 parking spaces and features an on-site backup generator, ensuring business continuity. This location offers unparalleled convenience, being within a block of Ascension-St. Thomas Hospital, TrustPoint Hospital, Murfreesboro Medical Clinic, and Vanderbilt Pediatric Clinic. Its strategic placement in Murfreesboro's Gateway Office/Medical Corridor provides easy access to I-24 Exit 76/Medical Center Parkway. The space is currently vacant and ready for immediate occupancy. Major tenants in the building include Pinnacle Financial and Kasai. The asking price is $29.50 per square foot, NNN. The minimum divisible space is 2,523 square feet, and the maximum contiguous space available is also 2,523 square feet. A total of 10,671 square feet is currently vacant within the building. The property's address is 1225 Garrison Drive, Murfreesboro, TN 37129.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $14,905,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $14,870,000
- 6.5%
- $13,570,000
- 7%
- $12,735,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $12,230,000
- Geo Method
- $14,445,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $14,500,000
- Retail
- $13,225,000
- Mixed-Use
- $12,280,000
- Hospitality
- $12,845,000
- Educational
- $16,040,000
- Residential Income
- $13,935,000
- Energy
- $14,945,000
- Income-Based Land
- $14,610,000
- Food Service
- $13,235,000
Location Insight
- Map
- Local Demand
- City
- Murfreesboro
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.4258
- Latitude
- 35.8661
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
