Teaser_741 Cool Springs Blvd

An Institutional-Quality, Professionally Managed Asset 741 Cool Springs Boulevard, built in 1998, is among the premier Cool Springs office properties. The property has been owner occupied since it was first developed resulting in greater attention to maintenance and capital repairs than would typically be found in a building leased to third parties. Positive Market Dynamics Nashville continually ranks among the premier cities for corporate relocations, quality of life and pro-business government. The city has managed to weather the economic storm far better than its peers. Demand for office buildings such as 741 Cool Springs Boulevard offering high-end finishes in a corporate setting is expected to remain

prospects. These strengths coupled with a highly visible location on Cool Springs Boulevard have the asset positioned to outperform over the long term. Barriers to Entry Despite the relative strength of the Nashville economy, the region has seen little new speculative construction in recent years. The challenging topography surrounding much of the city limits the cost effectiveness and availability of new projects. While there are some nearby development parcels, it is unlikely that there will be significant speculative construction in the near term without substantial pre-leasing. Stabilized Cash Flows With a tenant base of a fortune 500 company in Sony agreeing to a ten year lease on more than half of the building, 741 Cool Springs Boulevard represents

an opportunity to purchase a property with both stabilized cash-flow and potential capital appreciation. Numerous Area Amenities The property is within a short drive of numerous retail outlets including banks, restaurants and general services. A short walk across Cool Springs Boulevard is The Meridian Life-style center, a 60-acre mixed used development consisting of 70,000 square feet of retail and restaurant space and two full-service hotels. Discount to Replacement Cost This offering represents a significant discount to replacement costs. Current estimates for comparable new class A construction in the area are in excess of $220 per square foot.

strong as investors seek stabilized assets with long term rent growth