1710 Woodmont BlvdNashville, TN 37215

Property Details for 1710 Woodmont Blvd

Lot size

1.95 AC

Property size (Sq ft)

11,319 SF

Property type

Day care centers & nurseries

Property subtype

Retail properties

Description

Exceptional investment opportunity: A 11,319 square foot freestanding Guidepost Montessori school in Nashville, Tennessee's affluent Green Hills neighborhood. This property boasts a brand-new 20-year corporate net lease with a strong 7.00% cap rate and a substantial NOI of $520,200. The lease includes 2% annual rent bumps, ensuring consistent income growth. The property, situated on a 1.95-acre lot, underwent complete renovations in 2023. The tenant, Guidepost Montessori, is the largest Montessori school in the US, demonstrating financial stability and a proven track record. The school currently has a waiting list, indicating high demand and strong future performance. Located in a high-income area with an average household income exceeding $180,000 within a one-mile radius, this property benefits from a prime location near luxury retailers such as Louis Vuitton, Tiffany & Co., and Chanel. The lease includes four, 5-year renewal options, providing long-term security and predictable cash flow. This is a rare opportunity to acquire a high-performing, net-leased asset in one of Nashville's most desirable locations. The asking price is $7,431,000.

Location Insight

City

Nashville

County

Davidson

State

Tennessee

Latitude

36.1145

Longitude

-86.8041

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