Office Space - For Sale
910 Meadowlark Lane Goodlettsville, TN 37072
Details & Description
Price: $649,000
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.600
  • Building Sq Ft 2,582
  • Building Price per Sq Ft $251.36
  • Land Sq Ft 26,136
  • Land Price per Sq Ft $24.83
910 Meadowlark Lane is a rare opportunity to purchase a credit tenant NNN investment property at a 6.9% CAP rate at below market rents. In the event the current tenant exercises its one time right to terminate the lease, the landlord is provided with ample runway (12 months’ notice) to back fill the space and increase the rental rate. Additionally, the property is located in up-and-coming Goodlettsville, TN. Goodlettsville’s recent increase in demand is being driven by its proximity between downtown Nashville and Hendersonville (15 minutes either direction), lower cost of living and ease of access to one of Nashville’s main arteries (I-65).
Listing Agents
Scott Mckinney
Foundry Commercial
O: 615-324-0796
scott.mckinney@foundrycommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

910 Meadowlark Lane

Goodlettsville, TN 37072

Listing ID: 230349
$649,000
For Sale
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.600
  • Building Sq Ft 2,582
  • Building Price per Sq Ft $251.36
  • Land Sq Ft 26,136
  • Land Price per Sq Ft $24.83
Description

910 Meadowlark Lane is a rare opportunity to purchase a credit tenant NNN investment property at a 6.9% CAP rate at below market rents. In the event the current tenant exercises its one time right to terminate the lease, the landlord is provided with ample runway (12 months’ notice) to back fill the space and increase the rental rate. Additionally, the property is located in up-and-coming Goodlettsville, TN. Goodlettsville’s recent increase in demand is being driven by its proximity between downtown Nashville and Hendersonville (15 minutes either direction), lower cost of living and ease of access to one of Nashville’s main arteries (I-65).

Attachments & Files

Listing Demographics for 910 Meadowlark Lane Goodlettsville, TN 37072

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population5,06140,004101,565
Population Median Age353738
Population by Age0-9 Yrs801 (15%)5905 (14%)13436 (13%)
10-19 Yrs819 (16%)4562 (11%)11608 (11%)
20-29 Yrs744 (14%)6136 (15%)13414 (13%)
30-39 Yrs732 (14%)6123 (15%)15121 (14%)
40-49 Yrs529 (10%)4540 (11%)13283 (13%)
50-59 Yrs492 (9%)5299 (13%)14270 (14%)
60-69 Yrs465 (9%)4376 (10%)10816 (10%)
70+ Yrs479 (9%)3063 (7%)9616 (9%)
Median HH Income$48,432$49,601$54,749
Total Household Income< 24K297 (15%)3343 (20%)7553 (18%)
25-49K729 (37%)4920 (30%)11180 (27%)
50-74K389 (20%)3561 (21%)8685 (21%)
75-99K192 (9%)2105 (12%)5794 (14%)
100-199K266 (13%)2155 (13%)6470 (15%)
200K+60 (3%)270 (1%)1367 (3%)
Highest Education LevelNo Diploma43637348779
Diploma or GED1000853822175
Some College799623816248
Assoc. Degree23320475455
Bachelors Degree493439612584
Higher Degree23221676165
Total Housing Units2,14117,97944,723
--Owner-Occupied9547,17222,172
--Renter-Occupied9789,18318,875
Owner-Occupied Values< 100K1518732118
100-199K51035259323
200-299K25219836770
300-399K355492643
400-499K7134593
500K+0108725
Total Working Age Population3,73731,20080,973
In Work Force2,73621,98055,941
Not In Work Force1,0009,22025,032
Workforce Employed2,47620,65553,137
Workforce Unemployed2611,2782,685
Civlian Workforce2,73621,93355,821
Military Workforce047120
Total Households1,93216,35541,048
Family Households1,0989,26924,294
Non-Family Households8357,08616,754
Married Couple5175,17315,766
Other Family5814,0968,528
Married w/Child2191,7576,250
Single Male w/Child534481,122
Single Female w/Child3121,8823,290

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Tennessee5,689,283+126,346,105+96,886,369+77,393,069
Davidson County569,891+10626,681+13705,400+7756,117
Robertson County54,433+2266,283+1072,686+1080,135
Sumner County130,449+23160,645+20193,462+15223,258

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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