Single Tenant Government Leased Department of Safety and Homeland Security | Nashville MSA

204 Maddox-Simpson Parkway Lebanon, TN 37090

204 Maddox-Simpson Parkway, Lebanon, TN, 37090
204 Maddox-Simpson Parkway, Lebanon, TN, 37090 204 Maddox-Simpson Parkway, Lebanon, TN, 37090 204 Maddox-Simpson Parkway, Lebanon, TN, 37090 204 Maddox-Simpson Parkway, Lebanon, TN, 37090 204 Maddox-Simpson Parkway, Lebanon, TN, 37090 204 Maddox-Simpson Parkway, Lebanon, TN, 37090 204 Maddox-Simpson Parkway, Lebanon, TN, 37090
FOR SALE
Property Type:
Government/Municipalities
Amount:
$2,871,000
Last Verified:
Nov 25, 2024

Daily Email Blast
0 times


Highlights

  • ±9,955 SF single story brick building
  • Ten-year lease beginning January 1st, 2025
  • Tenant pays all utilities and janitorial
  • Leased by the State of Tennessee
  • AAA+ S&P Global Credit Rating
  • $1.125 million renovation just completed
  • New roof, windows, HVAC, plumbing, electrical ETC
  • 128 marked and paved parking spaces
  • In-place professional management available
  • 1.81-acre level site
  • TN License #: 000083872-0

Description

Opportunity to acquire a single tenant facility designed for the Tennessee Department of Safety and Homeland Security. A $1.2 million dollar renovation has just been completed and a new ten-year lease has been executed. The property is well-located in Lebanon, TN a Nashville MSA submarket only a 30-minute drive to the center of downtown Nashville.

Lebanon, TN - Nashville MSA


Year Built: 2012
Building Size: 9955sq ft
Building Class: B
Lot Size: 1.81 acres


Documents

Offering Memorandum

Map of 204 Maddox-Simpson Parkway, Lebanon, TN, 37090

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.