404-942-3192
214 W College St, Murfreesboro, TN for Sale
Office - FOR SALE
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214 W College St
Murfreesboro, TN 37130
Downtown Murfreesboro


HIGHLIGHTS

  • Operating on an absolute NNN lease with ±12 years of lease term remaining and 1.9% annual rent escalations
  • Pinnacle Financial Partners is the largest bank in TN & largest bank holding company in GA with an investment grade rating (Moody’s: Baa2)
  • College town location adjacent to MTSU with 20,000+ students
  • Below market rent of $23.06 PSF (compared to $28.36 PSF)
  • 100% occupied by Pinnacle operations, bankers & accounting
  • In the heart of downtown Murfreesboro, Tennessee’s fastest-growing major city, with accessibility to 83,000 VPD

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

CBD

APN/PARCEL ID

091K-H-009.00-000

ASK ABOUT THIS PROPERTY

404-942-3192

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404-942-3192

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