22 | Cassidy Turley
Offering Summary
Price
This asset is being marketed without an asking price.
Current Occupancy
100%
Projected Net Operating Income
Year 1:
$988,730
Year 2:
$1,072,685
Year 3:
$998,203
Investment Overview
1400 18
th
Avenue offers an investor the opportunity to
purchase an office building in one of the most sought after
areas of Nashville. The building offers strong in-place
income with good credit tenants, Sony and Vanderbilt
University. More importantly, the building offers tremendous
upside to a potential investor. Upon Sony’s departure, much
of the building could be re-tenanted with higher rents.
Additionally, the owner is currently not charging for covered
parking in its 202 space onsite garage which could generate
an additional $125,000 in annual revenue for the building
owner.
Financial Information
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