711 Stewarts Ferry Pike, Nashville, TN 37214
31,311 SF | 100% Leased | Office Building | Nashville, TN 37214 | $4,323,973 ($138/SF) | 7.50% Cap Rate
For Sale
Active
Asking Price $4,323,973
- Property Type
-
Office
- Square Feet
- 31,311 SF
- Price / Square Foot
- $138
Listing Contacts
Ethan Edmiston
Clay Smith
Property Overview
Government Lease Guarantor – With one of the best guarantors in the nation, there is almost no risk of default from the tenant
Large Lot – Landlords recently purchased a 1.22-acre parcel that included the parking lot directly behind the building to make this a fee simple deal with a total of 2.03 acres
Annual CPI Rent Increases – The GSA tenant increases the rent each year in accordance with the CPI or Consumer Price Index
Recent Tenant Improvements – At the start of these leases, GSA allocated over $578,000 of TI to be completed over the term of the lease and has committed an additional $135k to the facility
High Traffic Volume Per Day – The office is conveniently located just off I-40, which experiences approximately ±124,230 vehicles daily, while Stewarts Ferry Pike sees an additional ±24,889 cars each day
Proximity to BNA Airport – Located roughly 4 miles away from the Nashville International Airport, this property is positioned well for any tenants that need to be near the airport
Broker of Record
Hutt Cooke
License No. 263667 (TN)
Large Lot – Landlords recently purchased a 1.22-acre parcel that included the parking lot directly behind the building to make this a fee simple deal with a total of 2.03 acres
Annual CPI Rent Increases – The GSA tenant increases the rent each year in accordance with the CPI or Consumer Price Index
Recent Tenant Improvements – At the start of these leases, GSA allocated over $578,000 of TI to be completed over the term of the lease and has committed an additional $135k to the facility
High Traffic Volume Per Day – The office is conveniently located just off I-40, which experiences approximately ±124,230 vehicles daily, while Stewarts Ferry Pike sees an additional ±24,889 cars each day
Proximity to BNA Airport – Located roughly 4 miles away from the Nashville International Airport, this property is positioned well for any tenants that need to be near the airport
Broker of Record
Hutt Cooke
License No. 263667 (TN)
Property Details
- Class
- B
- Year Built
- 1993
- Stories
- 3
- Lot Size (sq. ft)
- 32,234 SF
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