5611 Ohio Avenue

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5611 Ohio Avenue

Nashville, TN 37209
Asking Price
$2.58M
Asset Type
Executive Office Retail
Class
Class B

What's Special

Retail | 5,097 SqFt <ul><li>​±5,097 SF Stand-Alone Commercial Building in the Nations</li><li>​Sale Price: $2,585,000</li><li>​±3,315 SF for Lease</li><li>​1st Floor: ±3,315 SF (Available)</li><li>​2nd Floor: ±1,782 SF (Leased)</li><li>​(1st and 2nd floor are connected via an internal staircase)</li><li>​Lease Rate: $26.00 / SF NNN with approximately $6.00/ SF in NNN pass throughs</li><li>​Great location in the burgeoning Nations neighborhood</li><li>​Recent revitalization has made the Nations one of Nashville's ho

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NOI
$80,000
Cap Rate
3.09%
DSCR
0.52
Underwater
Cash-on-Cash
-9.47%
Monthly Payment
$12,789.17
Annual Cash Flow
$-73,470.035

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