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442 E Iris Dr 4,536 SF 100% Leased Office Building Nashville, TN 37204 $2,750,000 ($606.26/SF)
INVESTMENT HIGHLIGHTS
- Great location owner financing is available approximately 10 different tenants
EXECUTIVE SUMMARY
Owner financing is available seller is willing to consider 30 yrs at 7% which is a monthly savings of 4495.37 on 15 yrs. Making a comparable sale price of approximately 2.1 Making a great opportunity for an investor or owner user.
Most of the building is currently rented to several tenants. Owner occup could have monthly cash flow
Ask about parking additional parking is available Ask for details
Tenant info is available upon request
Most of the building is currently rented to several tenants. Owner occup could have monthly cash flow
Ask about parking additional parking is available Ask for details
Tenant info is available upon request
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$108,000
|
$23.81
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$108,000
|
$23.81
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $108,000 |
| Annual Per SF | $23.81 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $108,000 |
| Annual Per SF | $23.81 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
4,536 SF
Building Class
C
Year Built
1989
Price
$2,750,000
Price Per SF
$606.26
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,268 SF
Slab To Slab
10’
Building FAR
0.55
Lot Size
0.19 AC
Zoning
4ZZ
1 1
PROPERTY TAXES
| Parcel Number | 118-07-0-211 | Improvements Assessment | $157,320 (2025) |
| Land Assessment | $430,360 (2025) | Total Assessment | $587,680 (2025) |
PROPERTY TAXES
Parcel Number
118-07-0-211
Land Assessment
$430,360 (2025)
Improvements Assessment
$157,320 (2025)
Total Assessment
$587,680 (2025)
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VIDEOS
MATTERPORT 3D EXTERIOR
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PHOTOS
STREET VIEW
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Presented by
Pate Real Estate
442 E Iris Dr
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