Jim Jacobs Of SilverPine Investments Sells Office Building In Nashville For $4.5M
107 Kenner Avenue
$4,500,000
$624/SF
Building Size
7,203 SF
Asset Type
Office
Closing
Sep 3, 2025
About this deal
AI
A 7,203-square-foot office building located at 107 Kenner Avenue in Nashville, TN was sold for $4,500,000. The two-story property, constructed in 1979, will be fully occupied by an accounting firm. The price per square foot for the transaction was $625.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,500,000
- Address: 107 Kenner Avenue
- Market: Nashville, TN
- Square Footage: 7,203
- Price Per Square Foot: $625
- Seller: Jim Jacobs - SilverPine Investments & Chapman Capital
- Buyer's Representative: Crews Johnson - Cushman & Wakefield
- Seller's Representatives: Mike Jacobs, Jordan Powell & Lisa Maki - Avison Young
The transaction involved key representatives from the brokerage firms. Crews Johnson represented the buyer, while the seller was represented by a team from Avison Young, which included Mike Jacobs, Jordan Powell, and Lisa Maki. This transaction highlights the collaboration between multiple firms in the successful sale of the property.
On the Map
$4,500,000
$624/SF
Office
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Players
Nashville Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93