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t r a n s l a t e

Nashville MSA Class A Suburban Office Buildings | 7.25% Cap Rate

2055 & 2031 N. Mount Juliet Road
Mount Juliet, TN 37122
PRICE : $13,300,000
PROPERTY TYPE: Office
SITE SIZE: 4.02 Acres
BUILDING SIZE: 44,634 SF
YEAR BUILT: 2017

Highlights

  • Two, class A office buildings in Mount Juliet, TN totaling 44,634 SF
  • 100% occupied with well-established tenants
  • All tenants have consistently paid rent on time with no abatement or concessions despite COVID-19
  • Across the street from Vintage North - a new mixed-use development under construction
  • 191 shared parking spaces
  • Property tours available by appointment

Description

Bull Realty is pleased to offer to qualified investors the opportunity to acquire Town Center Station I & II in Mount Juliet, TN. These Class A Suburban Office Buildings are 100% occupied with very well-established tenants including the Mount Juliet Chamber of Commerce, Trelleborg Sealing Solutions, AFLAC, Agilitas Property Development, Keller Williams, a Mortgage Company, Real Estate attorneys, Oral Surgery, Dentistry and a Counseling Center.

Before and during the COVID-19 pandemic, all of the tenants have consistently paid rent on time and none have had the need for rent abatement or concessions.

Directly across the street and under construction is Vintage North, a new mixed-use development that will include two four-story apartment buildings with 192 apartments and retail space separated by a dog park, a courtyard and 28 two- and three-story townhomes, which is expected to open in the summer of 2020. Mount Juliet Station, also directly across the street, serves Nashville’s regional rail line, the Music City Star. A ride into downtown Nashville is a stress-free 23 minutes. Service at this station began in 2006. Town Center Station is literally in the center of town, equidistant from Interstate-40 and Lebanon Road. The traffic count at Town Center Station exceeds 35,000 vehicles per day.

The two properties are immediately adjacent to each other for a combined 44,634 of rentable square feet and share 191 parking spaces. Pricing Guidance is based on a 7.25% cap rate at $13,300,000.

Property tours are available by appointment.

The Seller will move forward with the first acceptable offer.

If you would like to view the rent roll and property financials please execute and return the Confidentiality Agreement on the last page of the Offering Memorandum.

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