1101 Polk Ave 28,968 SF Industrial Building Nashville, TN 37210 $4,000,000 ($138.08/SF)
EXECUTIVE SUMMARY
1101 Polk Avenue, a 34,261+ SF industrial building situated on a 1.5+ acre lot in Nashville, TN located between Nolensville Pike and Murfreesboro Pike just south of Downtown Nashville near the fast-changing Wedgewood-Houston Neighborhood. Located within the I-440
loop, I-24, and I-40. The property is subject to an absolute NNN lease, meaning the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance, providing investors with zero landlord responsibilities.
loop, I-24, and I-40. The property is subject to an absolute NNN lease, meaning the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance, providing investors with zero landlord responsibilities.
PROPERTY FACTS
| Price | $4,000,000 |
| Price Per SF | $138.08 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 1.50 AC |
| Rentable Building Area | 28,968 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Tenancy | Single |
| Parking Ratio | 0.58/1,000 SF |
| No. Drive In / Grade-Level Doors | 4 |
| Opportunity Zone |
Yes |
AMENITIES
- Signage
1 of 1
PROPERTY TAXES
| Parcel Number | 106-05-0-122 | Improvements Assessment | $877,040 |
| Land Assessment | $182,960 | Total Assessment | $1,060,000 |
ZONING
| Zoning Code | IR |
