Nashville Flex Portfolio
2525 Perimeter Place Drive, Nashville, TN 37214
The Nashville Flex Portfolio is a 555,330 square foot flex portfolio located in Nashville, Tennessee. The portfolio consists of six properties that were developed between 1986 and 2001. The current occupancy across the portfolio is 97.5% and the tenant list boasts several Fortune 500 companies including Caterpillar and CVS/Caremark.
The Portfolio is located in Nashville/Davidson County. Cumberland Business Park and Riverview Business Center I & II are located in the Metro Center submarkets. The Metro Center submarket benefits from its close proximity to the Nashville Cumberland Business Center. Greenbriar and Royal Parkway Center I & II are located in the Elm Hill Pike/I-40 East submarket. This submarket benefits from I-40 and its close proximity to the Nashville Airport.
Investment at a Glance
Location: Nashville, TN
Property Type: Office/Industrial
Acquisition Date: November 15, 2007
Purchase Price: $53,500,000
No. of Buildings: 6
No. of Stories: 1 & 2
Square Footage: 551,184 SF
Year Built: 1986 and 2001
Leased Percentage (at the time of Acquisition): 97.5%