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Volunteer Bldg 319 Plus Park Blvd 10,000 SF 100% Leased Office Building Nashville, TN 37217 $1,895,000 ($189.50/SF) 7.50% Cap Rate

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Executive Summary

Franklin Street is pleased to present the opportunity to acquire a strategically located asset in one of Nashville’s most rapidly evolving commercial districts. Positioned within a highly accessible, centrally connected corridor, the property sits in a thriving business hub surrounded by a mix of industrial, office, and service-oriented users — offering exceptional visibility and strong fundamentals for long-term investment performance.
The asset is backed by a stable, long-term tenancy structure that provides predictable cash flow and attractive security for investors. With a durable lease profile and options extending well into the future, the property offers both income stability and strategic flexibility in a submarket benefiting from consistent population growth, expanding employment centers, and major infrastructure improvements across Nashville.
The surrounding area is supported by an established commercial ecosystem, with national operators such as Walmart, Lowe’s, Target, Home Depot, and ALDI in proximity, alongside a range of regional service providers, medical offices, logistics facilities, and hospitality users. The corridor benefits from strong traffic patterns and convenient access to I-24, I-40, and the downtown core, drawing consistent activity from commuters, residents, and workforce populations. Robust demographics further underpin the asset, with more than 200,000 residents and over 90,000 households within a five-mile radius — ensuring durable demand in a submarket experiencing sustained development momentum.
The property also benefits from its convenient proximity to Nashville International Airport (BNA), located just minutes away via direct interstate access. This close connection to one of the nation’s fastest-growing airports enhances the site’s regional and national connectivity, supporting tenant operations, logistics efficiency, and overall accessibility for business travelers and workforce users.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $202,587 $20.26
Other Income - -
Vacancy Loss $10,129 $1.01
Effective Gross Income $192,458 $19.25
Taxes $15,852 $1.59
Operating Expenses $34,512 $3.45
Total Expenses $50,364 $5.04
Net Operating Income $142,094 $14.21

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $202,587
Annual Per SF $20.26
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $10,129
Annual Per SF $1.01
Effective Gross Income
Annual $192,458
Annual Per SF $19.25
Taxes
Annual $15,852
Annual Per SF $1.59
Operating Expenses
Annual $34,512
Annual Per SF $3.45
Total Expenses
Annual $50,364
Annual Per SF $5.04
Net Operating Income
Annual $142,094
Annual Per SF $14.21

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,000 SF
Building Class
B
Year Built
1984
Price
$1,895,000
Price Per SF
$189.50
Cap Rate
7.50%
NOI
$142,093
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Slab To Slab
10’
Building FAR
0.22
Lot Size
1.05 AC
Zoning
CS
Parking
80 Spaces (8 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Services
  • -
  • -
  • -

For more than 200 years, our party has led the fight for civil rights, health care, Social Security, workers’ rights, and women’s rights. We are the party of Barack Obama, John F. Kennedy, FDR, and the countless everyday Americans who work each day to build a more perfect union.

  • Tennessee Democratic Party
  • Services
  • -
  • -
  • -

The Democratic Party of the United States is comprised of National, State and County level Committees. At the National level, there is The Democratic National Committee, (DNC). At the State level, there are Committees in 50 states and Guam, the Virgin Islands and American Samoa. At the local level, there are thousands of County Democratic Committees throughout the US. Collectively, the Democratic Party works to elect Democrats at the Local, State, and Federal Democrats and to maintain an organizational structure to conduct the business of the Party. Individual committees are managed by Executive Officers who are elected by Voting Members. At every level, the Democratic Party is comprised almost entirely of volunteers who rely primarily on financial donations to fund Party work. The Democratic Party is the oldest political party in the United States and among the oldest in the world. It exists as a matter of law and is responsible for qualification and nomination of Democratic Candidate

  • Trades Unlimited
  • Administrative and Support Services
  • -
  • -
  • -
  • Warren Denney & Wallace
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Services - - -
Tennessee Democratic Party Services - - -
Trades Unlimited Administrative and Support Services - - -
Warren Denney & Wallace Professional, Scientific, and Technical Services - - -

Property Taxes

Property Taxes

Parcel Number
106-00-0-116
Land Assessment
$203,160
Improvements Assessment
$417,840
Total Assessment
$621,000
Annual Taxes
$15,852 ($1.59/SF)
Tax Year
2025
  • Listing ID: 39292958

  • Date on Market: 2/2/2026

  • Last Updated:

  • Address: 319 Plus Park Blvd, Nashville, TN 37217

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