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1st Floor - Unit 101
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Office
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1,480 SF
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$483,840 USD
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Unit Size: 1,480 SF
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Condo Use: Office
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Price: $483,840 USD
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Sale Type: Investment or Owner User
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Price/SF: $326.92 USD
Description
NNN LEASED 65-MONTH MEDICAL W/3% YEARLY ESCALATION:
Beautifully designed, architecturally attractive office condominium units in a desirable Bellevue (West Nashville) location. Each unit features a trendy private outdoor patio space enclosed for exclusive use. Harpeth Springs Business Park - Professional Office Condominiums.
The first-floor suite currently features one very large office, one very large meeting room, two large offices and three smaller offices, bathroom, storage room, reception desk with granite counter and waiting area.
The second-floor suite presently features two very large offices, two large offices, a very large meeting room, reception area, kitchen and three storage closets.
Base rent is $24.45 NNN with 3% yearly escalation. CAM fees are $450 per month per unit or $3.65 per sq ft. and includes property and casualty insurance as well as flood insurance along with community maintenance. The tax proration is $251 per month per unit or $2.04 per sq ft.
They are being offered for sale at $967,680 yielding a minimum 7.48 % cap rate.
Sale Notes
NNN Medical Lease - Psychiatric practice
~ One of the hottest Nashville areas with increasing property values - Prime Investment Opportunity in Harpeth Springs Business Park – Bellevue.
~ Easy Access to I-40 and Highway 70 nearly one mile from Bellevue One Plaza and ¾ mile to Public Transportation.
~ Less than 15 minutes to universities, hospitals and medical institutions.
~ Less than 15 minutes to downtown Nashville, Green Hills, Belle Meade, West End, Brentwood, Franklin, Fairview, Pegram and Kingston Springs.
~ Nearby eateries of O'Charley's, Arby's, Sonic, Jonathan's, Starbucks, Five Guys, McDonald's, Burger King, Subway, Chili's, Panera, & Dunkin Donuts.
~ Minutes to banking institutions of Pinnacle, Tennessee Credit Union, Wells Fargo, Suntrust, Bank of America and Post Office, UPS and Staples.
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2nd Floor - Unit 201
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Office
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1,480 SF
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$483,840 USD
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Unit Size: 1,480 SF
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Condo Use: Office
-
Price: $483,840 USD
-
Sale Type: Investment or Owner User
-
Price/SF: $326.92 USD
Description
Beautifully designed, architecturally attractive office condominium units in a desirable Bellevue (West Nashville) location. Each unit features a trendy private outdoor patio space enclosed for exclusive use. Harpeth Springs Business Park - Professional Office Condominiums.
This second-floor suite presently features two large executive offices, two other private offices, a spacious meeting room, reception area, kitchen and three storage closets.
Base rent is $24.45 NNN with 3% yearly escalation. CAM fees are $450 per month per unit or $3.65 per sq ft. and includes property and casualty insurance as well as flood insurance along with community maintenance. The tax proration is $251 per month per unit or $2.04 per sq ft. Paid by tenant.
It is being offered for sale at $483,840 yielding a minimum 7.48 % cap rate.
Sale Notes
~ One of the hottest Nashville areas with increasing property values - Prime Investment Opportunity in Harpeth Springs Business Park – Bellevue.
~ Easy Access to I-40 and Highway 70 nearly one mile from Bellevue One Plaza and ¾ mile to Public Transportation.
~ Less than 15 minutes to universities, hospitals and medical institutions.
~ Less than 15 minutes to downtown Nashville, Green Hills, Belle Meade, West End, Brentwood, Franklin, Fairview, Pegram and Kingston Springs.
~ Nearby eateries of O'Charley's, Arby's, Sonic, Jonathan's, Starbucks, Five Guys, McDonald's, Burger King, Subway, Chili's, Panera, & Dunkin Donuts.
~ Minutes to banking institutions of Pinnacle, Tennessee Credit Union, Wells Fargo, Suntrust, Bank of America and Post Office, UPS and Staples.
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Alex Delgado
Keller Williams Realty, Inc.
