5380 Hickory Holw PkwyNashville, TN 37013

  • Medical offices
  • 40,762 SF
For Lease
$18/SF/YR View listing

Property Details for 5380 Hickory Holw Pkwy

Year built
1999
Lot size
5.10 AC
Property size (Sq ft)
40,762 SF
Zone code
SCR
Property type
Medical offices
Property subtype
Medical centers
APN
163-00-0-378-00
APU
16300037800

Description

Crossings Medical Plaza offers a unique opportunity to lease prime medical office space in a Class A building. This two-story, 39,879 square foot building, constructed in 1999 and renovated in 2016, boasts 112 parking spaces and is situated in Davidson County. Currently, 17,965 square feet are available for lease, divisible into spaces ranging from 2,120 to a maximum contiguous 15,845 square feet. The building features six total suites, previously occupied by HCA's Tristar Center for Clinical Advancement, ensuring high-quality construction meeting hospital-level standards. This is a rare chance to secure space in a well-maintained, infill Class A facility. The property enjoys excellent accessibility, with convenient access to I-24 and Century Farms via the new Diverging Diamond ramp at Exit 60, and is located within a 20-minute drive of downtown Nashville. The surrounding area has experienced significant population growth, exceeding 15% within a 3-mile radius from 2013 to 2023, indicating a strong and growing market for medical services. This presents an exceptional opportunity for medical practices seeking a modern, well-equipped, and strategically located office space. Contact us today to learn more about leasing options and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,041,720
    6.5%
    $6,500,049
    7%
    $6,035,760
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,508,793
    Geo Method
    $3,508,793
  • Alternative Use

    Use
    Valuation
    Residential
    $8,060,061
    Hospitality
    $7,382,972
    Educational
    $6,142,546
    Medical
    $6,353,798
    Retail
    $9,555,072
5380 Hickory Holw Pkwy, Nashville, Tennessee

Location Insight

City
Antioch
County
Davidson
State
Tennessee
Latitude
36.0456
Longitude
-86.652
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$72,995
$479,880
$1,763,360
$2,243,240
-
$1,199,700
$4,408,400
$5,608,100

FAQs

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