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Updated almost 9 years ago on . Most recent reply

Neal Bratton's profile image
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Neal Bratton
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  • from Louisville, Kentucky
  • Member since Mar 21, 2013
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Neal Bratton
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  • from Louisville, Kentucky
  • Member since Mar 21, 2013
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Neal Bratton
  • Investor
  • Louisville, KY
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Commercial Real Estate Investing

Commercial Office Space in Nashville, TN

Neal Bratton
  • Investor
  • Louisville, KY
Posted

I was looking into a office building around Lebanon Pike & Briley pkwy. It is approximately 23,000 sq. ft. I don't know much of anything about commercial real estate in the area. Can anyone give me a ball park of what Cap rates are right now for similar property or a range of price per sq. ft.? Any help would be great.

Thanks,

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George Flevotomos
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  • from Chicopee, Massachusetts
  • Member since Oct 2, 2015
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George Flevotomos
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George Flevotomos
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  • Chicopee, MA
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George Flevotomos
  • Investor
  • Chicopee, MA
Replied

More information is needed to even begin guessing what range the cap rate would be at. Type (medical or other?), location, vacancy, NOI, tenant(s), length of lease(s), etc. Your best bet is to call a local commercial broker or commercial appraiser, describe the property and ask them what cap rate they would use.

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