The Summit Building 201 Summit View Dr 86,380 SF 76% Leased Office Building Brentwood, TN 37027 For Sale
INVESTMENT HIGHLIGHTS
- In-Place loan at 3.27% interest rate maturing in 2030
- Located within Davidson County
- Unobstructed Hilltop Views
EXECUTIVE SUMMARY
Located in Nashville’s lowest vacancy submarket, 201 Summit View presents the opportunity to buy a 75.9% leased office building with substantial upside.
The building boasts a 3.34-year WALT and current under-market rents, which presents the opportunity to reposition the property in the near term.
Owners will sell the property outright or consider a joint venture partner.
The building boasts a 3.34-year WALT and current under-market rents, which presents the opportunity to reposition the property in the near term.
Owners will sell the property outright or consider a joint venture partner.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Building Size
86,380 SF
Building Class
B
Year Built
1983
Percent Leased
76%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
21,595 SF
Slab To Slab
9’
Building FAR
0.37
Lot Size
5.33 AC
Zoning
OL
Parking
216 Spaces (2.5 Spaces per 1,000 SF Leased)
AMENITIES
- Bio-Tech/ Lab Space
- Security System
- Signage
- Natural Light
- Drop Ceiling
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 160-00-0-183 | Improvements Assessment | $4,102,309 CAD |
| Land Assessment | $2,667,022 CAD | Total Assessment | $6,769,331 CAD |
