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7982 Coley Davis Rd Nashville, TN 37221

Sponsored
For Sale
$540,000

1,480 sq ft, prime Bellevue location, high NOI.

Property size:
1,480 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This 1,480-square-foot Class B office condominium, located at 7982 Coley Davis Road, Suite 201, Nashville, TN 37221, presents a compelling investment opportunity. Situated in the desirable Bellevue area of West Nashville, this single-unit property boasts a creative, executive, and traditional office layout, ideal for a variety of uses. The unit features a spacious open floor plan, perfect for cubicles, training facilities, or custom office divisions. Additional features include a private enclosed patio, a small office, several storage rooms, a bathroom, and a kitchen. Recent improvements include fresh paint and new flooring. The property is zoned COM and benefits from a 3% annual rent bump. The asking price is $540,000, representing a price per square foot of $364.86 and a 6.70% cap rate, with a net operating income (NOI) of $36,186. The property is offered as a net lease (NNN) investment with a single tenant. Built in 2005, this property offers convenient access to I-40 and Highway 70, placing it within easy reach of numerous amenities, including universities, hospitals, downtown Nashville, and a variety of restaurants and businesses. Tenant improvement allowances and rent concessions are available. This property is readily available for owner-occupancy or leasing at a base NNN rent.

Property Features for 7982 Coley Davis Rd

General Information

Property type
Office space
Square Feet
1,480 SF
Class
B

Building Details

Year Built
2005
Units
1

HighLights

  • 1,480 SF Class B office condo in desirable Bellevue, West Nashville, offering a prime investment opportunity.
  • Excellent location with easy access to I‑40 and Highway 70, near public transportation.
  • Less than 15 minutes to universities, hospitals, and downtown Nashville.
  • Abundant nearby amenities including numerous restaurants and banking institutions.
  • Currently leased with a 6.70% cap rate and $36,186 NOI; $540,000 asking price ($364.86/SF).
Property Profile 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 - 1,480 sq ft, prime Bellevue location, high NOI.
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 $540,000.
What are key features of this property?
This property features: 1,480 SF Class B office condo in desirable Bellevue, West Nashville, offering a prime investment opportunity.; Excellent location with easy access to I-40 and Highway 70, near public transportation.; Less than 15 minutes to universities, hospitals, and downtown Nashville.
More about this property
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