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    OFF-MARKET
    Investment properties

    804 Thompson Ln Ste 1a, Murfreesboro, TN 37129-4338

    1,473 SF Built 2011
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US80-2068052
    Property summary
    AI-generated overview

    This exceptional 1,431 square foot Class A office space is the last available unit in a thriving Murfreesboro mixed-use community. Located at 804 N Thompson Ln, 37129, Tennessee, this single-tenant property boasts unparalleled visibility on North Thompson Lane, a major thoroughfare with 30,000 cars daily. Built in 2011, this two-story building within a three-building complex offers convenient access to elevators. The property's prime location offers immediate proximity to Ascension Rutherford Hospital (less than 0.2 miles, 14.8 million annual visits), numerous restaurants, grocery stores, and other amenities. Its strategic position also benefits from its proximity to The View at Fountains (0.6 miles), The Avenue (0.9 miles), and Downtown Murfreesboro (3 miles). Further enhancing its appeal is the announcement of a new 40-million-dollar, 4,500-seat Sunset Music Colosseum amphitheater just half a mile away. The building currently houses a diverse range of successful businesses, including medical practices, retail shops, and service providers, creating a vibrant and established commercial environment. A tenant improvement allowance is available to customize the space to your specific needs. This is a rare opportunity to secure a high-profile location in a rapidly growing area.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 2011
    Construction FRAME
    Total area 1,473 SF
    APN 092-027.01-C-012
    UPID US80-2068052
    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
    • Morgan Stanley Smith Barney LLC Financial Advisor
    • Johnson Audiology - Murfreesboro Medical Clinic
    • Karson Blue (Bike/Boat/Book/etc) Store
    • Vito's Market Grocery & Convenience Store Food Market
    • Speakeasy Aesthetics Spa & Massage Center Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Gateway Village Property LLC · 4 yrs held
    Gateway Village Property LLC
    since 2022
    Last sale
    $18.6M
    1 recorded transaction
    2022
    $18.6M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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