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500-530 Great Circle Road 2 Office Properties in Nashville, TN
INVESTMENT HIGHLIGHTS
- Buildings can be sold separately or as a portfolio
- Discount to Replacement Cost
- Covered land play with redevelopment opportunity
- Long-Term tenancy - Health Care Service Corporation (HCSC) (S&P A+) and Aegis Sciences Corporation (Strong Regional History)
- Ample Parking 5.4 per 1,000
- Great interstate access and accessibility
EXECUTIVE SUMMARY
100% leased urban infill portfolio with redevelopment potential
CBRE, as the exclusive advisor, is pleased to present the opportunity to acquire 500-530 Great Circle Road (“the Property”), a 100% leased, two (2) building single-story portfolio, located in Nashville, TN. The office building located at 500 Great Circle Road is 72,163 square feet and the office/lab building located at 530 Great Circle Road is 100,192 square feet. The combined portfolio total is ± 172,355 SF. Located adjacent to downtown Nashville in the MetroCenter submarket, the properties sit in one of the top urban infill locations in Nashville with an abundance of nearby retail and multifamily. The property benefits from its proximity to Downtown Nashville and connectivity due to its immediate access to 3 major interstate systems (I-40/I-24/I-65). 500-530 Great Circle Road is home to top companies Health Care Service Corporation (HCSC) (S&P A+) and Aegis Sciences Corporation. 530 Great Circle Road was built out with a state-of-the-art lab (50%) in 2023 and serves as the corporate HQ for Aegis. 500 Great Circle Road serves as a processing center for HCSC. 500-530 Great Circle Road offers investors the opportunity to purchase a preferred asset type with long-term tenancy for continued use as office/lab or redevelopment.
CBRE, as the exclusive advisor, is pleased to present the opportunity to acquire 500-530 Great Circle Road (“the Property”), a 100% leased, two (2) building single-story portfolio, located in Nashville, TN. The office building located at 500 Great Circle Road is 72,163 square feet and the office/lab building located at 530 Great Circle Road is 100,192 square feet. The combined portfolio total is ± 172,355 SF. Located adjacent to downtown Nashville in the MetroCenter submarket, the properties sit in one of the top urban infill locations in Nashville with an abundance of nearby retail and multifamily. The property benefits from its proximity to Downtown Nashville and connectivity due to its immediate access to 3 major interstate systems (I-40/I-24/I-65). 500-530 Great Circle Road is home to top companies Health Care Service Corporation (HCSC) (S&P A+) and Aegis Sciences Corporation. 530 Great Circle Road was built out with a state-of-the-art lab (50%) in 2023 and serves as the corporate HQ for Aegis. 500 Great Circle Road serves as a processing center for HCSC. 500-530 Great Circle Road offers investors the opportunity to purchase a preferred asset type with long-term tenancy for continued use as office/lab or redevelopment.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Under Contract | Total Building Size | 170,515 SF |
| Number of Properties | 2 | Total Land Area | 21.07 AC |
| Sale Type | Investment or Owner User |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 170,515 SF |
| Total Land Area | 21.07 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 530 Great Circle Rd, Nashville, TN 37228 | Office | 98,352 SF | 2011 | - |
|
Cigna
500 Great Circle Rd, Nashville, TN 37228 |
Office | 72,163 SF | 2012 | - |
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500-530 Great Circle Road
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