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176 Thompson Ln 20,190 SF 88% Leased Office Building Nashville, TN 37211 $4,350,000 ($215.45/SF) 6.46% Cap Rate



Investment Highlights
- Strong Cash Flow: Generated approximately $281,000 in Net Operating Income during 2025 with room for growth
- Professionally Measured: Total building size of 24,980 square feet
- Attractive Basis: Offered at $4,350,000 ($175/sq ft)
Executive Summary
The property benefits from a highly accessible location with convenient connectivity to I-65, I-24, I-440, and the greater Nashville metropolitan area. Its flexible layout, ample parking, and strong visibility make it attractive to a variety of tenants, including professional office, medical, and service-oriented users.
Investors will appreciate the property's established cash flow and potential for future rent growth, while owner-users have the unique opportunity to acquire a substantial Nashville office presence while offsetting occupancy costs through existing rental income. With replacement costs significantly exceeding today's acquisition cost and continued growth throughout the Nashville market, 176 Thompson Lane represents a compelling opportunity for both investment and long-term appreciation.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$478,000
|
$23.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$478,000
|
$23.68
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$158,000
|
$7.83
|
| Net Operating Income |
$320,000
|
$15.85
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $478,000 |
| Annual Per SF | $23.68 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $478,000 |
| Annual Per SF | $23.68 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $158,000 |
| Annual Per SF | $7.83 |
| Net Operating Income | |
|---|---|
| Annual | $320,000 |
| Annual Per SF | $15.85 |
Property Facts
Amenities
- Controlled Access
- Security System
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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CSA is an engineering firm in Nashville, TN that has been in operation since 2004.
Established in 2004 with the goal of delivering a higher level of service and profitability to community banks across the country, FNB and its family of companies (First Payment Services® and Secure Identity Systems®) are leading the way with state-of-the-art, secure credit card and gift card processing, and comprehensive fraud and identity theft protection, closing the security gap while providing an unmatched level of service. The FNB Merchants family of companies provides a comprehensive list of services that protect and defend financial institutions, businesses, and individuals.
- Four Square Design Studio
- Construction
- -
- -
- -
- -
- Gulf States Engineering Of Tennessee, Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
Immigration Law Office(s) of Rafael A. Velez a completely bilingual in English and Spanish firm. They have staff members that speak both English and Spanish as well. Whether your first language is Spanish or English, Attorney Velez team can fully converse with any clients in either language. Sometimes, it is necessary to conduct consultations in both languages, alternating as needed. Their office is equipped to meet this need.
- Lydia Wade at Law PLLC
- -
- -
- -
- Full Service
- Jun 2027
TASCO is a leading manufacturer sales representative company operating throughout the Southeastern US. TASCO amplifies business relationships between manufacturer partners and distribution customers to drive profitable sales and minimize risk. With more than 100 years of combined experience in the retail and automotive aftermarket, their team of experts provides solutions to sales challenges through extensive knowledge of customer strategies, solid relationships, and market awareness.
- The Egly Agency
- Finance and Insurance
- -
- -
- -
- -
- The Look Hair Salon
- Services
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Health Care and Social Assistance | - | $25.80 | Full Service | Apr 2026 | |
|
Construction | - | - | Full Service | May 2022 | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
| Four Square Design Studio | Construction | - | - | - | - | |
| Gulf States Engineering Of Tennessee, Inc | Professional, Scientific, and Technical Services | - | - | - | - | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
| Lydia Wade at Law PLLC | - | - | - | Full Service | Jun 2027 | |
|
Rental and Leasing Services | - | - | Full Service | - | |
| The Egly Agency | Finance and Insurance | - | - | - | - | |
| The Look Hair Salon | Services | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
(2) Private Offices
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 102 | 1,970 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste G-4 | 396 SF | Office | Full Build-Out | Now |
1st Fl-Ste 102
| Size |
| 1,970 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste G-4
| Size |
| 396 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 102
| Size | 1,970 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
1st Fl-Ste G-4
| Size | 396 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
(2) Private Offices
Property Taxes
| Parcel Number | 119-10-0-102 | Improvements Assessment | $659,360 (2025) |
| Land Assessment | $820,040 (2025) | Total Assessment | $1,479,400 (2025) |
Property Taxes
Presented by
176 Thompson Ln
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