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Property profile & analytics
OFF-MARKET Estimated value $2,320,000
Medical Office Space

302 Old Lebanon Dirt Rd Hermitage, TN 37076-2386

33,367 SF 1.91 ac lot Built 1964
Entity Owned 6-yr Hold
Property ID
US80-1891815
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of four Class A medical office buildings totaling 60,396 square feet. Located in desirable Nashville and Franklin, Tennessee, this 100% occupied portfolio offers a unique sale-leaseback structure. Two buildings are situated in the highly sought-after Cool Springs submarket of Franklin (7105 S Springs Dr, 37067), while the other two are located in the prestigious Hermitage area of Nashville (302 Old Lebanon Dirt Rd, 37076). The buildings are in excellent condition, with construction dates ranging from 2007 to 2022. This portfolio represents a compelling investment in a thriving healthcare market, offering immediate cash flow and long-term growth potential. The properties are strategically positioned within established medical corridors, ensuring high visibility and accessibility for patients and medical professionals. The sale-leaseback structure provides a seamless transition for the current owner, minimizing disruption to operations. Detailed financial information and property-specific details are available upon request. This is a rare opportunity to acquire a high-quality, fully occupied medical office portfolio in one of the nation's fastest-growing healthcare markets. Don't miss this chance to secure a stable and lucrative investment.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1964
Total area 33,367 SF
Lot 1.91 ac (83,200 SF)
Zoning code MULTI-ZONE
APN 086-00-0-209-00
UPID US80-1891815
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
  • Dube Orthopedics and Physical Therapy Medical Clinic
  • Celebrity Smiles by Jody Jones DDS Dental Office
  • Celebrity Smiles DDS by Jody Jones DDS Dental Office
  • Dube Physical Therapy Hermitage Medical Clinic
  • JENNALOUISE HOLLNAGEL-KAUFFMAN Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.79M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.32M
Owner & transaction history
Dube Properties LLC · 6 yrs held
Dube Properties LLC
since 2020
Last sale
$1.9M
3 recorded transactions
2020
Price N/A
2020
$1.9M
2006
Price N/A
Zoning & alternative use
MULTI-ZONE · Hermitage, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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