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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

176 Thompson Lane presents a rare opportunity to acquire a well-located, income-producing office asset in the heart of Nashville. Professionally measured at 24,980 square feet, the property generated approximately $281,000 in Net Operating Income during 2025 and is being offered for $4,350,000.
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

Sale Type
Investment or Owner User
Property Type
Office
Building Size
20,190 SF
Building Class
B
Year Built/Renovated
1974/2025
Price
$4,350,000
Price Per SF
$215.45
Cap Rate
6.46%
NOI
$281,086
Percent Leased
88%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,730 SF
Building FAR
0.35
Lot Size
1.31 AC
Zoning
OR20 - Office
Parking
95 Spaces (4.71 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Security System

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • -
  • $25.80
  • Full Service
  • Apr 2026

Advanced Spine & Wellness Chiropractic is located in Nashville, TN. At Advanced Spine & Wellness Chiropractic, there Nashville chiropractor wants clients to look at their health and wellness differently. They want to help their community live the healthiest possible life through chiropractic care.

  • Construction
  • -
  • -
  • Full Service
  • May 2022

CSA is an engineering firm in Nashville, TN that has been in operation since 2004.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

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
  • -
  • -
  • -
  • -
  • 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
  • Rental and Leasing Services
  • -
  • -
  • Full Service
  • -

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
  • 1st Fl-Ste 102
  • 1,970 SF
  • Office
  • Full Build-Out
  • Now
  • 1st Fl-Ste G-4
  • 396 SF
  • Office
  • Full Build-Out
  • Now

(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

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
119-10-0-102
Land Assessment
$820,040 (2025)
Improvements Assessment
$659,360 (2025)
Total Assessment
$1,479,400 (2025)
  • Listing ID: 41072958

  • Date on Market: 6/26/2026

  • Last Updated:

  • Address: 176 Thompson Ln, Nashville, TN 37211

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