Current Use by Public Records
- CHILDREN FIRST / Daycare Center / Foster Care Service
- Guidepost Montessori at Green Hills / High School / Daycare Center
Property Details for 1710 Woodmont Blvd
- Lot size
- 1.95 lot acres
- Property type
- Day care centers
- Property subtype
- Retail properties & Spaces
Description
Exceptional investment opportunity: A 11,319 square foot freestanding Guidepost Montessori school in Nashville, Tennessee's affluent Green Hills neighborhood. This property boasts a brand-new 20-year corporate net lease with a strong 7.00% cap rate and a substantial NOI of $520,200. The lease includes 2% annual rent bumps, ensuring consistent income growth. The property, situated on a 1.95-acre lot, underwent complete renovations in 2023. The tenant, Guidepost Montessori, is the largest Montessori school in the US, demonstrating financial stability and a proven track record. The school currently has a waiting list, indicating high demand and strong future performance. Located in a high-income area with an average household income exceeding $180,000 within a one-mile radius, this property benefits from a prime location near luxury retailers such as Louis Vuitton, Tiffany & Co., and Chanel. The lease includes four, 5-year renewal options, providing long-term security and predictable cash flow. This is a rare opportunity to acquire a high-performing, net-leased asset in one of Nashville's most desirable locations. The asking price is $7,431,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.8041
- Latitude
- 36.1145
