4900 Thoroughbred LnBrentwood, TN 37027

  • Retail properties
  • 19,204 SF
For Lease

Property Details for 4900 Thoroughbred Ln

Year built
1987
Lot size
3.38 AC
Property size (Sq ft)
19,204 SF
Zone code
CL
Property type
Retail properties
Property subtype
Strip malls
APN
171-00-0-149-00
APU
17100014900

Description

This exceptional Class A executive office suite, located within the Merchants Walk Brentwood complex at 4900 Thoroughbred Ln, Brentwood, TN 37027, offers 2,593 square feet of readily available space. Situated in a vibrant strip center, the property boasts high visibility on Old Hickory Boulevard, a major thoroughfare with over 40,000 vehicles passing daily. Built in 1987, the building provides convenient access to downtown Nashville and multiple major highways, including I-65. The location is surrounded by a highly affluent community, with average household incomes exceeding $177,000 within a 3-mile radius. The suite is part of a larger 48,230 square foot building with a total of 20 surface-level parking spaces available for tenants and their guests. This multiple-tenancy building offers a dynamic and convenient work environment. The property is categorized as an Executive Office and Strip Center, making it ideal for businesses seeking a prestigious and accessible location in Brentwood, Davidson County, Tennessee. The suite's size and location present a unique opportunity for businesses seeking a prominent presence in a thriving commercial area. This is a rare opportunity to secure a well-located, high-visibility office space in a desirable Brentwood location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,876,770
    6.5%
    $4,501,634
    7%
    $4,180,089
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,165,762
    Geo Method
    $4,165,762
  • Alternative Use

    Use
    Valuation
    Residential
    $3,797,297
    Hospitality
    $3,478,304
    Educational
    $2,893,908
    Medical
    $2,993,434
    Retail
    $4,501,634
4900 Thoroughbred Ln, Brentwood, Tennessee

Location Insight

City
Brentwood
County
Davidson
State
Tennessee
Latitude
36.0369
Longitude
-86.7887
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
$140,221
$2,061,280
$2,247,920
$4,309,200
-
$5,153,200
$5,619,800
$10,773,000

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