About 7982 Coley Davis Rd 101 & 201
Beautifully designed, architecturally attractive office condominium units in a desirable Bellevue (West Nashville) location. Each unit features a trendy private outdoor patio space enclosed for exclusive use. Harpeth Springs Business Park - Professional Office Condominiums. The first-floor suite currently features two large open areas to accommodate a large reception and conference room along with cubicles in the larger section. filing room, utility closet, bathroom, and storage room. It will be configured as owner TI into one very large office, one very large meeting room, two large offices and three smaller offices, bathroom, storage room, reception desk with granite counter and waiting area. The second-floor suite presently features a large open central space with a small office, several storage rooms, bathroom and kitchen with cherry cabinets and granite counter top. Excellent layout for office desiring open plan with cubicles, training or meeting facility. Owner TI will divide into two very large offices, two large offices, a very large meeting room, reception area, kitchen and three storage closets. Base rent is $24.45 NNN with 3% yearly escalation. CAM fees are $468.75 per month per unit or $3.81 per sq ft. and includes property and casualty insurance as well as flood insurance along with community maintenance. The tax proration is $251 per month per unit or $2.04 per sq ft. They are being offered for sale at $1,080,000 yielding a minimum 6.7 % cap rate, and are available for a 1031 exchange.
