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490 Long Hollow Pike
Goodlettsville, TN 37072
Office Property For Sale
Executive Summary
• Brand New 6-Year NNN Lease - Minimal landlord responsibilities
• Rare 3% Annual Rent Increases - Throughout term and renewal options
• Hard Corner at Signalized Intersection with 25,400 Cars/Day - Upgraded 2023 construction with 2025 renovations
• Rare 3% Annual Rent Increases - Throughout term and renewal options
• Hard Corner at Signalized Intersection with 25,400 Cars/Day - Upgraded 2023 construction with 2025 renovations
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
3,550 SF
Building Class
B
Year Built/Renovated
2023/2025
Price
$1,975,000
Price Per SF
$556.34
Cap Rate
6.83%
NOI
$134,900
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,550 SF
Building FAR
0.08
Lot Size
1.05 AC
Parking
42 Spaces (11.83 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 143J-G-004.00 | Improvements Assessment | $224,720 |
| Land Assessment | $889,040 | Total Assessment | $1,113,760 |
Property Taxes
Parcel Number
143J-G-004.00
Land Assessment
$889,040
Improvements Assessment
$224,720
Total Assessment
$1,113,760
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