For Sale
$6,215,000

213 Maplewood Ln Nashville, TN 37207

Nashville Office Complex: 6.75% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a fully leased, stabilized office complex in Nashville, Tennessee. The property, known as Maplewood Office Park, consists of two single-story buildings totaling 24,621 square feet situated on a 3.8-acre lot. Built in 2006, the Class B property boasts a 100% occupancy rate, generating a substantial net operating income (NOI) of $419,423, resulting in a compelling 6.75% capitalization rate. The asking price is $6,215,000, translating to $252.43 per square foot. The property features ample parking and a secure location, conveniently situated just off I-65 and Dickerson Road, providing easy access to Nashville's central business district, workforce, shopping, and schools. The buildings are well-maintained and professionally managed, offering a turnkey investment opportunity. The property is zoned CS and benefits from built-in rent bumps. Detailed financial information, including the rent roll, is available upon request and execution of a non-disclosure agreement. This multi-tenant property presents significant upside potential for a savvy investor seeking a strong return in a thriving market. The campus-like setting provides a desirable environment for tenants.

Highlights

  • $6,215,000 asking price for a stabilized Class B office investment.
  • 24,621 square feet of traditional office space, with a price per square foot of $252.43.
  • 6.75% cap rate, generating a net operating income (NOI) of $419,423.
  • 100% occupancy with built-in rent bumps.
  • Two single-story buildings totaling 24,621 square feet on a 3.8-acre lot in Nashville, TN (37207), zoned CS.

Property Details for 213 Maplewood Ln

Property type
Office properties
Square Feet
24,621 SF
Class
B
Year Built
2006
Buildings
2
Stories
1
Lot Size (sq. ft)
165,528 SF

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.2326838
Longitude
-86.7601708

FAQs

What type of property is this?
Office property - Nashville Office Complex: 6.75% Cap Rate
Where is the office property located?
The property is located at 213 Maplewood Ln Nashville, TN.
What is the asking price?
The asking price for this property is $6,215,000.
What are key features of this property?
This property features: $6,215,000 asking price for a stabilized Class B office investment.; 24,621 square feet of traditional office space, with a price per square foot of $252.43.; 6.75% cap rate, generating a net operating income (NOI) of $419,423.
How can I contact the broker?
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213 Maplewood Ln
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