555 Marriott DrNashville, TN 37214

  • Office buildings
  • 181,173 SF
For Lease
$71/SF/YR View listing

Property Details for 555 Marriott Dr

Year built
1984
Lot size
6.63 AC
Property size (Sq ft)
181,173 SF
Zone code
ORI
Property type
Office buildings
APN
095-00-0-108-00
APU
9500010800

Description

This Class A, 11,990 square foot office building in Nashville, TN, offers 350 suites, with 5,970 square feet currently vacant. Located at 555 Marriott Drive, Suite 315, in Davidson County, this property underwent renovations in 2019 and features an elevator. The space is ideal for businesses of all sizes, offering flexible options ranging from small, private offices for one person to larger, custom-designed spaces accommodating entire companies. Minimum leasable space starts at 10 square feet, with a maximum contiguous space of 1,300 square feet. The building provides fully furnished and equipped offices, tailored to individual needs, including serviced offices, custom office spaces, disaster recovery spaces, and day offices. Tenancy is multiple, allowing for diverse business configurations. Amenities include a benefits program with exclusive discounts and procurement support. This prime location in Nashville offers a professional, inspiring, and collaborative work environment. The property is perfect for businesses seeking a flexible and fully-equipped workspace in a thriving city.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $31,298,010
    6.5%
    $28,890,472
    7%
    $26,826,866
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,595,372
    Geo Method
    $15,595,372
  • Alternative Use

    Use
    Valuation
    Residential
    $35,824,184
    Hospitality
    $32,814,760
    Educational
    $27,301,496
    Medical
    $28,240,436
    Retail
    $42,468,992

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.1483
Longitude
-86.6898
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
$37,590
$1,155,200
-
$1,155,200
-
$2,888,000
-
$2,888,000

FAQs

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