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107 Kenner Avenue

Jim Jacobs Of SilverPine Investments Sells Office Building In Nashville For $4.5M
SOLDOffice

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

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.

Players

Jordan Powell

Avison Young

Broker

$55.2M

vol

5 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
Avison Young
Avison YoungBrokerage

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