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1309 Briarville Rd 13,711 SF 83% Leased Office Building Madison, TN 37115 $2,700,000 ($196.92/SF) 3.91% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% Leased
  • Investment Property
  • Triple Net Leases
  • Concessions offered

EXECUTIVE SUMMARY

1309 Briarville Rd offers a total of 11,621 square feet across several suites, providing ample space for a variety of commercial uses. With easy access to major highways and surrounded by a thriving business community, this property is truly a prime location for any business looking to make a mark in Nashville. This Commercial property is located 7 miles from Downtown Nashville at the foot of Ellington Pkwy and offers a unique opportunity for investors or business owners looking to expand their operations. Property Details: Tax ID: 051-10-0F-001.00-CO, Includes Suites: 102, 103, 201, 202, 300 (totaling 11,621 ft²) Spacious open floor plans, Ample natural light, Updated HVAC and electric, Parking in front and private parking at the rear of the building. 100% Leased-All Triple Net Leases.**Excludes Suite 101: 2,090 ft²**

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Building Size
13,711 SF
Building Class
C
Year Built/Renovated
1998/2024
Price
$2,700,000
Price Per SF
$196.92
Cap Rate
3.91%
NOI
$105,576
Percent Leased
83%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,855 SF
Slab To Slab
13’
Building FAR
0.68
Lot Size
0.46 AC
Zoning
Commercial
Parking
50 Spaces (3.65 Spaces per 1,000 SF Leased)

AMENITIES

  • Wheelchair Accessible
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 201
  • 2,372 SF
  • Office
  • Full Build-Out
  • Now

Suite 201 2,372 ft2 $4,151.00 monthly rate. This Commercial Office Space is conveniently situated just 15 minutes from Downtown Nashville. This spacious office space offers 2,372 square feet of prime working area for your business needs. With a monthly rate of $4,151.00, this office suite features eight private offices, a dedicated work area, a well-equipped kitchen, and a sizable open area.

Space Size Space Use Condition Available
1st Fl-Ste 201 2,372 SF Office Full Build-Out Now

1st Fl-Ste 201

Size
2,372 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 201

Size 2,372 SF
Space Use Office
Condition Full Build-Out
Available Now

Suite 201 2,372 ft2 $4,151.00 monthly rate. This Commercial Office Space is conveniently situated just 15 minutes from Downtown Nashville. This spacious office space offers 2,372 square feet of prime working area for your business needs. With a monthly rate of $4,151.00, this office suite features eight private offices, a dedicated work area, a well-equipped kitchen, and a sizable open area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
051-10-0F-004-00
Land Assessment
$10,200
Improvements Assessment
$94,200
Total Assessment
$104,400
  • Listing ID: 33276782

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 1309 Briarville Rd, Madison, TN 37115

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