Music Square Building Closes for $13.7 Million

 

49 Music Square West, Nashville TN, 37203

Music Row


“​Our firm has managed numerous transactions around Music Row over the past few years.  49 Music Square West is the most notable given the scarcity of similar assets in the area along with the prominent, 5-level parking deck that accompanies the building.  The deck offers a distinct value opportunity to develop on the existing structure.  A building of this size offering the potential to expand makes this one to keep an eye on.

~John Toomey


Summary

Price:                   $13,700,000
Building Size:      62,179 Square Feet
Lot Size:              1.56 Acres
Zoning:                ORI
Market:               Nashville
Submarket:         Music Row

Property Overview

49 Music Square West sits in the heart of Music Row and benefits from a high volume of growth and revitalization occurring in close proximity.  This fully-stabilized asset also features a 5-level parking deck, which is one of a kind for the neighborhood.

This high quality, Class B office has sold for $13.7m. The property will continue it’s use as a multi-tenant office building serving the Music Row neighborhood.