Historical Office Sale Listing - MEPS Building

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MEPS Building

20 Bridgestone Park, Nashville, TN 37214

N/A

23,391 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
23,391 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Cap Rate:
7.50%
Occupancy:
100%
No. Stories:
1
Building Class:
A
Tenancy:
Single
Year Built:
2007
Lot Size:
5.54 AC
Parking Ratio:
4.70 / 1,000 SF
Listing ID
17568400
Last Updated
over 1 year ago

Description

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.

Map of 20 Bridgestone Park, Nashville, TN 37214 (Davidson County)

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Created 3/12/2012