1309 Briarville RdMadison, TN 37115

Property Details for 1309 Briarville Rd

Year built

1988

Property size (Sq ft)

2,291 SF

Zone code

OL

Property type

Office buildings

APN

051-10-0F-002-00

APU

051100F00200

Description

This exceptional commercial property, located at 1309 Briarville Rd in Madison, TN, presents a compelling investment opportunity. The building boasts a substantial 11,621 square feet of office space, currently 100% leased under triple net leases, distributed across multiple suites (102, 103, 201, 202, and 300). The property features spacious, naturally lit floor plans, ensuring a comfortable and productive work environment. Modernized HVAC and electrical systems are in place, minimizing operational concerns. Ample parking is available, both in front of and behind the building, providing convenient access for tenants and visitors. Its strategic location, just seven miles from downtown Nashville and conveniently situated at the base of Ellington Parkway, offers unparalleled access to major highways and a vibrant business community. The property's tax ID is 051-10-0F-001.00-CO. Note that Suite 101 (2,090 sq ft) is excluded from this offering. This turnkey investment is ideal for those seeking a stable, high-return commercial property in a rapidly growing area of Nashville. The current lease structure ensures a consistent income stream, making this an attractive option for both seasoned investors and those new to commercial real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $395,775

  6.5%

  $365,331

  7%

  $339,236

• Comparable approach

  Method

  Valuation

  Relative Method

  $197,209

  Geo Method

  $197,209

• Alternative Use

  Use

  Valuation

  Residential

  $453,010

  Hospitality

  $414,955

  Educational

  $345,238

  Medical

  $357,111

  Retail

  $537,036

Location Insight

City

Madison

County

Davidson

State

Tennessee

Latitude

36.2449

Longitude

-86.7357

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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