Office/Flex Building with Dock
For Sale
$8,950,000
Pending
1005 Flagpole Ct, Brentwood, TN 37027
Two-story office/flex building with multiple suites and dock-high loading, suited for mixed office and light industrial users.
Property Size25,230 SF
Lot Size1.69 Acres
Days on Market234
Property Features for 1005 Flagpole Ct
General Information
Standard status
Pending
Size
25,230 SF
Total Parking Spaces
32
Lot size
1.69 Acres
Zoning
C-3
Occupancy
80%
Warehouse & Industrial
Clear Height
14 ft
Dock-High Doors
3
Drive-In Doors
1
Additional Details
Cap Rate
6.75%
Highway Access
Yes
Office Units
5
Building Details
Year Built
2007
Stories
2
Tenancy
Multi
Listing Agency:
Compass RE
Listed By:
Jamie Brandenburg 6154872100 · License #344013
(615) 487-2100
Source:
Tnhomesfinder
Added: Mar 4
Changed: Oct 1
Last Checked: Oct 23 at 7:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass RE
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Investment Insights
Based on property information with market context.
1005 Flagpole Court is a two-story office/flex property constructed in 2007, offering a five-suite configuration that includes four leased spaces and one vacant suite. The building blends professional office functionality with flexible industrial capabilities, supported by three dock-high doors and one drive-in door, along with 14’ clear heights. Additional on-site convenience is provided by 32 surface parking spaces, supporting both tenant and visitor access.
The property is located in the Cool Springs submarket of Brentwood, within a business corridor that includes corporate offices, retail destinations, restaurants, hotels, and luxury automotive dealerships. Access is described as convenient to I-65 via Moores Lane and Cool Springs Blvd., supporting straightforward regional connectivity.
Designed to serve a range of tenant requirements, the combination of office space and loading access makes this asset practical for users seeking both client-facing space and functional warehouse support. The C-3 zoning further supports flexibility in tenant use, and the presence of one vacant suite provides an immediate leasing opportunity within the existing suite mix.
The property is located in the Cool Springs submarket of Brentwood, within a business corridor that includes corporate offices, retail destinations, restaurants, hotels, and luxury automotive dealerships. Access is described as convenient to I-65 via Moores Lane and Cool Springs Blvd., supporting straightforward regional connectivity.
Designed to serve a range of tenant requirements, the combination of office space and loading access makes this asset practical for users seeking both client-facing space and functional warehouse support. The C-3 zoning further supports flexibility in tenant use, and the presence of one vacant suite provides an immediate leasing opportunity within the existing suite mix.
Key Highlights
- Two‑story 25,320 SF office/flex building built in 2007 on 1.69 acres
- Configured with five suites: four leased spaces and one vacant suite
- Loading includes three dock‑high doors and one drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$422,123
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,442,460
$8.4M
Cap Rate 7%
$6,030,329
$6.0M
Cap Rate 9%
$4,690,256
$4.7M
Market Conditions
NOI Build-Up for 25,230 SF
Gross rent
$666.1K $26.40/SF
− Vacancy
−$103.2K −$4.09/SF
EGI
$562.8K $22.31/SF
− OpEx
−$140.7K −$5.58/SF
NOI
$422.1K $16.73/SF
Area
Williamson County, TN
Vacancy
15.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,442,460
Cap Rate 7%
$6,030,329
Cap Rate 9%
$4,690,256
Alternative Uses
Best Use
Office B
$6.03M
$5.28M – $7.04M
NOI $422,123 @ 7.0% cap · market cap 4.72%
Second Best
Flex RnD
$3.80M
$3.32M – $4.43M
NOI $265,672 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$7.40M
$6.47M – $8.63M
NOI $517,720 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
14 ft
Clear height
3
Dock-high doors
1
Drive-in doors
5
Office units
80%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,227
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37027, TN
61,370
Population
23,745
Households
2.6
Avg Household Size
42
Median Age
74%
College-Educated
98%
High-School Grad
57.0 sq mi
ZIP Area
1,077
Density / Sq Mi
$156,002
Median Household Income
$71,225
Median Earnings
$2,141
Median Rent
$844,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Mobile Chef — 1661 Mallory Ln, Brentwood, TN 37027
Frequently Asked Questions
What type of property is this?
Flex space - Two-story office/flex building with multiple suites and dock-high loading, suited for mixed office and light industrial users.
Where is this flex space located?
The property is located at 1005 Flagpole Ct Brentwood, TN.
What is the asking price?
The asking price for this property is $8,950,000.
What are key features of this property?
This property features: Two‑story 25,320 SF office/flex building built in 2007 on 1.69 acres; Configured with five suites: four leased spaces and one vacant suite; Loading includes three dock‑high doors and one drive‑in door
