Office for Sale in Nashville, TN

  • Price: $5.9M
  • Listing type: For sale
  • Asset type: Office
  • Location: Nashville, TN 37203
  • Year built: 1972

Description

Located in MidTown, this property is in a prime location to be redeveloped to compliment the surrounding area. This Nashville neighborhood has experienced exponential development in last few years and is projected to expand an additional 8-10% in population and household growth. With just under 200 feet of road frontage to the NNW and 118 feet to the NNE, this corner lot boasts impeccable street visibility on the busy Charlotte Ave with easy access to interstate I40/440/I65; the uncomplicated ingress and egress to 1811 Charlotte Ave is just an added bonus. Land Size: 0.66 Ac | Year Built: 1972 | Listing Type: FOR SALE

Market Context

This office in Nashville, TN is listed for sale at $5,900,000. The building dates to 1972. It has been on the market for 27 days. Compare it against other office listings for sale in Nashville, TN — <a href="/search/sale/office/tennessee/nashville">view the full market</a>.

As of Q1 2025, the Nashville office market showed average asking rents near $32.39/SF/yr, rents up 2.9% year over year, and cap rates around 8.4%. Source: Consensus Q1 2025 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Nashville?
About 8.4% as of Q1 2025, per Consensus.

Unified Estimate

Very Low Confidence

$34.99/SF – $47.33/SF

Mid: $41.16/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market raleigh (similarity: 100%) with 6 comparable listings.

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