20 Bridgestone Park
Nashville, TN 37214 ·
23,391 SF · Office For Sale
|Building Size||23,391 SF||Building Class||A|
|Property Sub-type||Office Building||Year Built||2007|
|Property Use Type||Investment||Lot Size||5.54 AC|
|Cap Rate||7.50%||Parking Ratio||4.70 / 1,000 SF|
|Listing ID: 17568400||Date Created: 03/12/2012||Last Updated: 07/24/2012|
This is a Class A office assett located in the Airport North submarket. The asset sits atop a beautifully landscaped hill with nearly 100 feet of setback which could provide additional future development opportunity. With a single tenant CSA lease, this property offers excellent long-term, stable cash flows in a submarket that has similar product as the other suburban markets but average rental rates between $3 and $4 less per square foot.
The MEPS Building sits in one of the most desirable locations in the city. It is located just off Briley Parkway and less than a mile from I-40. The property is less than 15 minutes from downtown Nashville and in close proximity to most major suburban residential areas.
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