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7982 Coley Davis Rd Nashville, TN 37221

For Sale
$1,080,000

Prime Bellevue location, high NOI, strong cap rate.

Property size:
2,960 SF

Description

Added:
Dec 11, 2024
Days on Market:
366
This exceptional investment opportunity presents two beautifully designed, architecturally attractive office condominium units in the desirable Bellevue (West Nashville) area of Harpeth Springs Business Park. The property, built in 2005, boasts a total of 2,960 square feet across two stories, currently configured as a blend of open and private spaces. The first floor offers large open areas ideal for reception, conference rooms, and cubicles, complemented by a filing room, utility closet, bathroom, and storage. The second floor features a spacious central area, a small office, several storage rooms, a bathroom, and a kitchen. This flexible layout is perfect for an open-plan office, training facility, meeting space, or a custom configuration of formal offices and conference rooms. Recent improvements include fresh paint and new flooring. Each unit includes a private, enclosed patio. The property is zoned COM and benefits from a 3% annual rent bump. The Net Lease (NNN) investment offers a strong 6.70% cap rate with a current NOI of $72,372 and an asking price of $1,080,000 ($364.86/sq ft). The property enjoys convenient access to I-40 and Highway 70, placing it within minutes of numerous amenities including universities, hospitals, downtown Nashville, and a variety of restaurants and retail establishments. This is a prime investment opportunity in a rapidly appreciating area of Nashville.

Property Features for 7982 Coley Davis Rd

General Information

Property type
Office space
Square Feet
2,960 SF
Class
B

Building Details

Year Built
2005
Stories
2
Units
2

HighLights

  • $1,080,000 asking price for a 2,960 SF Class B office building in Nashville, TN.
  • Net lease investment opportunity with a 6.70% cap rate and $72,372 NOI.
  • Located in the desirable Harpeth Springs Business Park in Bellevue, offering easy access to I‑40 and Highway 70.
  • Two‑story, 2‑unit building, built in 2005, with a COM zoning designation and 3% annual rent bumps.
  • Features open floor plans, private outdoor patios, and is suitable for owner‑occupancy or leasing.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Custom Fit Bookkeeping ... Tax Preparation Service Nichols Management Engineering Consultant Protection Plus Security Security Guard Service

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Nashville
County
Davidson
State
Tennessee
Longitude
-86.966676663817
Latitude
36.074890040783

FAQs

What type of property is this?
Office space - Prime Bellevue location, high NOI, strong cap rate.
Where is this office space located?
The property is located at 7982 Coley Davis Rd Nashville, TN.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: $1,080,000 asking price for a 2,960 SF Class B office building in Nashville, TN.; Net lease investment opportunity with a 6.70% cap rate and $72,372 NOI.; Located in the desirable Harpeth Springs Business Park in Bellevue, offering easy access to I-40 and Highway 70.
More about this property
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