Property profile

4900 Thoroughbred Ln Brentwood, TN 37027

OFF-MARKET
Strip malls
Property ID
US80-1669923
19,204 SF 3.38 ac lot Built 1987
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A executive office suite, located within the Merchants Walk Brentwood complex at 4900 Thoroughbred Ln, Brentwood, TN 37027, offers 2,593 square feet of readily available space. Situated in a vibrant strip center, the property boasts high visibility on Old Hickory Boulevard, a major thoroughfare with over 40,000 vehicles passing daily. Built in 1987, the building provides convenient access to downtown Nashville and multiple major highways, including I-65. The location is surrounded by a highly affluent community, with average household incomes exceeding $177,000 within a 3-mile radius. The suite is part of a larger 48,230 square foot building with a total of 20 surface-level parking spaces available for tenants and their guests. This multiple-tenancy building offers a dynamic and convenient work environment. The property is categorized as an Executive Office and Strip Center, making it ideal for businesses seeking a prestigious and accessible location in Brentwood, Davidson County, Tennessee. The suite's size and location present a unique opportunity for businesses seeking a prominent presence in a thriving commercial area. This is a rare opportunity to secure a well-located, high-visibility office space in a desirable Brentwood location.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Total area 19,204 SF
Lot 3.38 ac (147,233 SF)
Zoning code CL
APN 171-00-0-149-00
UPID US80-1669923

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Veterinary Clinic

Location

4900 Thoroughbred Ln Brentwood, TN 37027-4226
Brentwood metro Census 18700 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.41M

Owner & transaction history

since 2019
4 recorded transactions
2019
$13.1M
2019
Price N/A
2004
$7.1M
1994
$3.0M

Zoning & alternative use

CL · Brentwood, TN
Top alternative use upside
Commercial (general) $6.9M +41.8%
Retail stores $5.5M +13.0%
Medical building $5.4M +10.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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