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5000 Northfield Ln - Worldwide Stages 294,913 SF Specialty Building Offered at $57,030,000 at a 8.25% Cap Rate in Spring Hill, TN 37174
Executive Summary
Kwekel Companies is pleased to offer the sale leaseback of the Worldwide Stages 268,879 square foot special use, office building located on a 38 acre site located just south of Nashville, TN. Worldwide Stages will execute a new 15 year absolute NNN lease at closing.
Property Facts
| Price | $57,030,000 | Building Class | B |
| Price Per SF | $212.10 | Lot Size | 38.04 AC |
| Sale Type | Investment | Building Size | 268,879 SF |
| Cap Rate | 8.25% | No. Stories | 2 |
| Sale Condition | Sale Leaseback | Year Built/Renovated | 1989/2023 |
| Property Type | Specialty | Parking Ratio | 3.2/1,000 SF |
| Property Subtype | Movie/Radio/TV Studio | Cross Streets | Southfield Ln |
| Zoning | M-1 | ||
| Price | $57,030,000 |
| Price Per SF | $212.10 |
| Sale Type | Investment |
| Cap Rate | 8.25% |
| Sale Condition | Sale Leaseback |
| Property Type | Specialty |
| Property Subtype | Movie/Radio/TV Studio |
| Building Class | B |
| Lot Size | 38.04 AC |
| Building Size | 268,879 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1989/2023 |
| Parking Ratio | 3.2/1,000 SF |
| Cross Streets | Southfield Ln |
| Zoning | M-1 |
Property Taxes
| Parcel Number | 029-014.00 | Improvements Assessment | $4,702,000 |
| Land Assessment | $76,080 | Total Assessment | $4,778,080 |
Property Taxes
Parcel Number
029-014.00
Land Assessment
$76,080
Improvements Assessment
$4,702,000
Total Assessment
$4,778,080
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5000 Northfield Ln - Worldwide Stages
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