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Property profile & analytics
OFF-MARKET
Office Spaces

711 Stewarts Ferry Pike Nashville, TN 37214

31,311 SF 2.03 ac lot Built 1993
Property ID
Property summary
AI-generated overview

This exceptional Class A office building in Nashville, TN, presents a compelling investment opportunity. Located at 711 Stewarts Ferry Pike, this fee-simple property boasts 31,311 square feet across three stories in a single building on a 2.03-acre lot. Built in 1993, the property currently enjoys 100% occupancy with two tenants under a modified lease structure backed by a corporate guarantee from a highly reputable government entity, minimizing default risk. The current asking price is $4,323,973, representing a compelling cap rate of 7.50% and a price per square foot of $138. The Net Operating Income (NOI) stands at $324,298. The property benefits from annual rent increases tied to the Consumer Price Index (CPI), ensuring consistent income growth. Significant tenant improvements totaling over $713,000 have been completed or are committed, further enhancing the property's value. The building is situated approximately four miles from Nashville International Airport and benefits from high traffic volume on Stewarts Ferry Pike, estimated at 24,889 cars daily. The property also includes a gated parking lot and is a Level II Security facility. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term potential in a thriving Nashville market. The recent acquisition of an adjacent 1.22-acre parcel further solidifies the property's value and potential for future development.

Property profile
Verified
Property type Office Spaces
Year built 1993
Total area 31,311 SF
Lot 2.03 ac (88,427 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • US Indian Health Services Public Health Department
  • United South & Eastern Tribes Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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