Property profile

804 Thompson Ln Ste 1a Murfreesboro, TN 37129

OFF-MARKET
Investment properties
Property ID
US80-2068052
1,473 SF Built 2011
Entity Owned 4-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Financial Advisor
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store
  • Grocery & Convenience Store Food Market
  • Spa & Massage Center Alternative Medicine Practice

Location

804 Thompson Ln Ste 1a Murfreesboro, TN 37129-4338
Murfreesboro metro Census 40901 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
Last sale
$18.6M
1 recorded transaction
2022
$18.6M

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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