808 Nashville Hwy
Columbia, TN 38401
Office Property For Sale
Property Facts
About 808 NASHVILLE HWY , COLUMBIA, TN 38401
The property is leased to the Federal Government (U.S. Department of Justice), and is a one-story office building containing approximately 3,190 SF. The building is situated in a busy corridor along Nashville Highway in Columbia, TN (Nashville MSA) on a +/- 0.51 acre parcel. The Tenant has 12+ years remaining on the lease with no termination option. The Investment opportunity offers a long-term lease with the U.S. Federal Government with base rental increases that provide an effective cap rate of 6.2%. The building was renovated two years ago including new HVAC, restrooms, electrical and windows. The site is well located with average daily traffic counts exceeding 24,575. Nationally recognized companies in the immediate area include Kroger, CVS Pharmacy, McDonald’s, Sonic and Pizza Hut, along with neighboring office facilities for Atmos Energy, American Legion, Columbia Power & Water Systems and Heritage Bank & Trust.
Property Taxes
| Parcel Number | 090I-B-002.00 | Improvements Assessment | $124,400 |
| Land Assessment | $146,640 | Total Assessment | $271,040 |
Property Taxes
