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    1161 Murfreesboro Pike Nashville, TN 37217

    For Lease
    $18 SF/Yr

    Modern Office Building, 11 Suites Available

    Lot size:
    83,066 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Eleven61, a five-story, 83,066 square foot Class C office building at 1161 Murfreesboro Pike in Nashville, TN 37217, offers multiple tenancy options. Recently renovated in 2023 with a $1 million investment, this property boasts modern amenities including a conference room, training room, and vending area, along with secure key card access. The building features two elevators and ample parking with 250 spaces (a 4:1,000 sq ft ratio). Suite sizes range from approximately 820 to 4,188 square feet, with a total of 11 available spaces. Built in 1974 and situated on 3.91 acres, Eleven61 enjoys a prime Airport submarket location, providing easy access to major freeways including Briley Parkway, I-40, I-440, and I-24. Its proximity to Nashville International Airport (BNA) and Downtown Nashville (less than 15 minutes away) makes it an attractive option for businesses seeking convenient and contemporary office space. The property's strategic location and recent renovations combine to create a highly functional and appealing workspace.

    Property Features for 1161 Murfreesboro Pike

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    83,066 SF
    Class
    C
    Total Rate
    124599

    Building Details

    Year Built/Renovated
    1974/2023
    Stories
    5

    Unit(s) available at that property

    Space
    Suite 350
    Size
    1,008 SF
    Rate per SF
    $18
    Space
    Suite 460
    Size
    4,188 SF
    Rate per SF
    $18
    Space
    Suite 230
    Size
    1,218 SF
    Rate per SF
    $18
    Space
    Suite 450
    Size
    820 SF
    Rate per SF
    $18
    Space
    Suite 370
    Size
    1,233 SF
    Rate per SF
    $18
    Space
    Suite 335
    Size
    1,356 SF
    Rate per SF
    $18
    Space
    Suite 400
    Size
    2,440 SF
    Rate per SF
    $18
    Space
    Suite 440
    Size
    1,056 SF
    Rate per SF
    $18
    Space
    Suite 517
    Size
    926 SF
    Rate per SF
    $18
    Space
    Suite 445
    Size
    1,080 SF
    Rate per SF
    $18
    Space
    Suite 519
    Size
    1,464 SF
    Rate per SF
    $18

    HighLights

    • 80,000 SF office building on a 4‑acre site in a prime Nashville business corridor.
    • Excellent I‑24 access via Murfreesboro Pike, providing easy commutes to downtown and BNA.
    • Abundant on‑site parking.
    • Two additional outparcels available for future development.
    • Modern amenities including high‑speed internet and energy‑efficient systems.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Massage Institute ... Massage Therapist Accelerated Learning Center Nursing School Harmony Insurance Agency Insurance Company Nats Inc Educational Institution Law Office of Melissa ... Immigration Attorney

    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
    -86.7070651
    Latitude
    36.1228867

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Building, 11 Suites Available
    Where is this office property / space located?
    The property is located at 1161 Murfreesboro Pike Nashville, TN.
    What is the lease rate?
    The lease rate is $18-$18 SF/Yr.
    What are key features of this property?
    This property features: 80,000 SF office building on a 4-acre site in a prime Nashville business corridor.; Excellent I-24 access via Murfreesboro Pike, providing easy commutes to downtown and BNA.; Abundant on-site parking.
    Request Owner's contact information
    1161 Murfreesboro Pike Nashville, TN 37217
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    Nashville, TN 37217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1161 Murfreesboro Pike Nashville, TN 37217
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