2201 Murphy AveNashville, TN 37203

Property Details for 2201 Murphy Ave

Year built

1987

Property size (Sq ft)

704 SF

Zone code

MUG-A

Property type

Healthcare properties

Property subtype

Medical offices

APN

092-11-0C-023-00

APU

092110C02300

Description

2201 Medical Plaza offers exceptional medical office space for lease in Nashville, Tennessee. This Class B, four-story building, totaling 95,817 square feet, underwent renovations in 2012 and boasts a desirable location on the Centennial Medical Center campus, at the corner of Murphy Avenue and 22nd Avenue North. The building features a beautiful atrium with abundant natural light in the main lobby. Currently, there are 18,563 square feet of vacant space available, divisible into units as small as 1,875 square feet and up to a contiguous 6,638 square feet. The building was originally constructed in 1987 and offers convenient access to Women's & Children's Hospital at Centennial. Tenants benefit from ample parking with 300 spaces available. Each suite features 10-foot ceilings. This property presents a fantastic opportunity for medical practices seeking a well-maintained, conveniently located space within a thriving medical community. The building's multiple tenancy structure allows for flexibility in lease terms and space requirements. The address is 2201 Murphy Ave, Nashville, TN 37203, situated in Davidson County.

• CAP approach

  CAP return

  Valuation

  6%

  $121,617

  6.5%

  $112,262

  7%

  $104,244

• Comparable approach

  Method

  Valuation

  Relative Method

  $60,600

  Geo Method

  $60,600

• Alternative Use

  Use

  Valuation

  Residential

  $139,205

  Hospitality

  $127,511

  Educational

  $106,088

  Medical

  $109,736

  Retail

  $165,026

Location Insight

City

Nashville

County

Davidson

State

Tennessee

Latitude

36.1544

Longitude

-86.806

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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