Commercial Real Estate Auction Selling Absolute… Date TBD
Office Condos – (4) Unit, two-story office suites ***Stop Paying Rent…Start Building Equity***
180 N. Belvedere Drive, Gallatin TN 37066 Investment Opportunity …own the entire building, occupy your own private office and leasethe other three.
Sumner Crossings offers two-story office suites that are 1,125 square feet. Each level has two offices and a large restroom with ground level ADA accessibility. Sumner Crossings is strategically located in a high traffic area adjacent to the Wal-Mart Supercenter, Belk Department Store, and Aldi Grocer . The surrounding development also includes several major banks, and many national restaurant chains (i.e. Chilis, OCharley’s, Logans, Cracker Barrel and Long Horn). •
Building #2 – contains (4) separate units #5, #6, #7 and #8
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Each Unit contains 1,125sq. ft. – total building 4,600sq. ft.
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Pro-Forma Based Rent…$1,200each unit – total building $57,600gross annually
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Ample Parking – (92) Spaces
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Zoned CG (Commercial General)
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Affluent trade area…and walking distances to shopping and resturants w/ easy access to historic downtown Gallatin
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Tax Appraised:
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Association Fees: $110 per month (includes water)
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All Brick Structure – Built in 2004 – Metered Seperately – All Utilities Available
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Roof: Built-up / Metal Gypsum
Development Site Plan includes: Restaurant, and (22) Office Condominiums High Visibility w/ good Traffic Count : (42,327 vpd on Gallatin Rd.)
$666,800 /Total –or- $166,700 per unit
Contact: Dwight O’Neal, Broker / Auctioneer (615) 390-2727 Directions: From downtown Nashville I-65 North (6.9) mile to Exit #95 (Vietnam Veterans Blvd.) toward Gallatin (8.9) miles…merge onto US-31E via Exit #9 (5.9) miles to left on N. Belvedere Drive…Sumner Crossing will be on the left.
Terms: Ten Percent (10%) down will be due immediately after being declared the buyer. The balance is due in cash at closing within 30 days. Seller will provide General Warranty Deed, ensuring the property is free and clear of all liens and encumbrances, the title is guaranteed to be fee simple and insurable. 2012 property taxes will be pro-rated @ closing.