829 Gale Ln - Loft/Creative Space FOR SALE


Nashville, TN 37204- Breeze Hill
$1,600,000 USD
615-371-2424
829 Gale Ln, Nashville, TN for Sale
$1,600,000 USD
Loft/Creative Space - FOR SALE
1/49
null | 5.75% Cap Rate

829 Gale Ln
Nashville, TN 37204
Breeze Hill


HIGHLIGHTS

  • Highly Desirable Location
  • Nothing Like It In the Area
  • New Condo Project w/ Parking Next Door

OVERVIEW

Rare neighborhood office space tucked between 12S and Oak Hill along Franklin Rd! New condos being built in the adjacent lot. The main level is triple-net leased as a single unit with roughly 2000sf. The 2000sf basement level is split and currently gross leased as 6 individual suites. Both levels have common areas, kitchens, and bathrooms. The building and location are highly sought after and have stayed fully leased for the past 9 years. The upstairs was renovated in 2023 and a new HVAC in 2024. The roof was replaced in 2021.The basement was totally renovated in 2017 including HVACs.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$800 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1934

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

OL

APN/PARCEL ID

118-06-0-066

ASK ABOUT THIS PROPERTY

Lee TurleySynergy Realty NetworkMore Info
615-371-2424

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Lee TurleySynergy Realty NetworkMore Info
615-371-2424

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.