Property Listing No Longer Available for Sale

2957 Elm Hill Pike, Nashville, TN

Office for Sale - $18,255,000 - 87,230 Sq. Ft.


Property Info

CIMLS#962947
Location
  2957 Elm Hill Pike
  Nashville TN 37214
UpdatedNovember 10th, 2017
TypeOffice
Price$18,255,000
Building87,230 Sq. Ft.

Property Description

The Subject is a low-rise office asset with a total net rent-able area of 87,230 SF. It is leased to Cummins Inc., which is a Fortune 500 company that has occupied the subject since initial construction.

Location Description:

The subject property is located in Nashville, Tennessee, within Davidson County. It is located in close proximity to Nashville International Airport

Highlights:

>> Single-Tenant NNN Lease Investment leased until February 28, 2023 to Cummins, Inc.

>> Freestanding Class A building

>> Close proximity to the airport

>> Built in 2001

>> Rent increases on January 1, 2018 pushing the CAP to over 7%

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Financials