5651 Frist BlvdNashville, TN 37076

Property Details for 5651 Frist Blvd

Year built

1994

Lot size

0.43 AC

Property size (Sq ft)

95,676 SF

Zone code

OG

Property type

Medical offices

Property subtype

Medical centers

APN

086-00-0-064-00-001

APU

8600006400001

Description

This exceptional Class A medical office building, Summit MOB I, offers 128,021 square feet of prime space situated on the prestigious Summit Medical Center campus in Nashville, Tennessee. The seven-story building boasts 8 suites, with spaces ranging from a minimum of 1,134 square feet to a maximum contiguous space of 9,361 square feet. Currently, 29,924 square feet is available for lease. The building underwent a complete renovation in 2018, ensuring modern and efficient facilities for medical professionals. Three high-speed elevators provide convenient access to all floors. Its location at 5651 Frist Blvd, Nashville, TN 37076, offers unparalleled convenience, with easy access to I-40 and proximity to a variety of retail options, restaurants, and residential neighborhoods. The Nashville International Airport is a mere 5 minutes away, providing excellent accessibility for patients and staff. This property presents a unique opportunity for medical practices seeking a high-quality, well-located space within a thriving medical community in Davidson County. The building's modern amenities and strategic location make it an ideal choice for medical professionals seeking to establish or expand their practice.

• CAP approach

  CAP return

  Valuation

  6%

  $16,528,227

  6.5%

  $15,256,825

  7%

  $14,167,052

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,235,790

  Geo Method

  $8,235,790

• Alternative Use

  Use

  Valuation

  Residential

  $18,918,462

  Hospitality

  $17,329,210

  Educational

  $14,417,700

  Medical

  $14,913,546

  Retail

  $22,427,532

Location Insight

City

Hermitage

County

Davidson

State

Tennessee

Latitude

36.1796

Longitude

-86.6073

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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