419 Steam Plant Rd | Gallatin, TN 37066
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419 Steam Plant Rd
Gallatin, TN 37066
Veterans Affairs Outpatient Clinic · Office Property For Sale
Investment Highlights
- Lease guaranteed by U.S. Federal Government, featuring an Aaa credit rating and unrivaled income security
- Build-to-suit VA Community-Based Outpatient Clinic completed in 2019, constructed to meet specific requirements of the tenant
- Replacement cost of the subject property is approximately 200% of the current market value of the asset
- New, first-generation lease for 10-year term commencing in 2019, occupied by U.S. Department of Veterans Affairs
- Facility services over 2,400 veterans in Northern Middle Tennessee and Southern Kentucky, with potential for additional 1,200 patients
- Located 30 miles northeast of Nashville, the 35th largest metro area in the United States, with an MSA population exceeding 2 million
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
12,857 SF
Building Class
B
Year Built
2019
Building Height
1 Story
Typical Floor Size
12,857 SF
Building FAR
0.11
Lot Size
2.80 AC
Zoning
MPO - Medical-Professional Office
PROPERTY TAXES
| Parcel Number | 126D-E-022.00 | Improvements Assessment | $618,600 |
| Land Assessment | $48,600 | Total Assessment | $667,200 |
PROPERTY TAXES
Parcel Number
126D-E-022.00
Land Assessment
$48,600
Improvements Assessment
$618,600
Total Assessment
$667,200
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