Two-Level Office Condominium
For Sale
$474,900
109 Holiday Ct, Franklin, TN 37067
Two-level office condo offers separated workspaces and a flexible layout for a range of professional uses.
Property Size1,120 SF
Price / SF$424.02
Days on Market123
Property Features for 109 Holiday Ct
General Information
Standard status
Active
Size
1,120 SF
Zoning
C
Additional Details
Highway Access
Yes
Office Units
1
Building Details
Building Size
1,120 SF
Year Built
1984
Stories
2
Listing Agency:
Compass RE
Listed By:
Tanner Smith
(731) 693-6576
Source:
Evrealestate
Added: Jun 8
Changed: Sep 28
Last Checked: Oct 7 at 1:01PM
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
Investment Insights
Based on property information with market context.
Suite D6 at 109 Holiday Court is a 1,120-square-foot office condominium arranged across two levels, offering separation between workspaces while keeping an efficient footprint. The floor plan is designed to support a flexible range of professional activities, making it workable for a variety of office-focused businesses.
The property is located within one of Franklin’s established office corridors, with convenient access to Interstate 65, Highway 96, Cool Springs, and Historic Downtown Franklin. This positioning can help provide an easy route for both employees and clients while maintaining an office-oriented setting.
For buyers and operators, Suite D6 can function as a primary location, a satellite office, or an ownership option in a well-known office area. The layout’s two-level configuration supports teams that value internal separation, and the flexible nature of the space aligns with professional uses such as legal, accounting, consulting, insurance, and other office and healthcare-adjacent operations.
The property is located within one of Franklin’s established office corridors, with convenient access to Interstate 65, Highway 96, Cool Springs, and Historic Downtown Franklin. This positioning can help provide an easy route for both employees and clients while maintaining an office-oriented setting.
For buyers and operators, Suite D6 can function as a primary location, a satellite office, or an ownership option in a well-known office area. The layout’s two-level configuration supports teams that value internal separation, and the flexible nature of the space aligns with professional uses such as legal, accounting, consulting, insurance, and other office and healthcare-adjacent operations.
Key Highlights
- 1,120‑SF two‑level office condominium (Suite D6) with separated workspaces
- Flexible floor plan suited for many professional uses, including legal, accounting, consulting, and insurance
- Year built: 1984
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,739
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,780
$374.8K
Cap Rate 7%
$267,700
$267.7K
Cap Rate 9%
$208,211
$208.2K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$29.6K $26.40/SF
− Vacancy
−$4.6K −$4.09/SF
EGI
$25.0K $22.31/SF
− OpEx
−$6.2K −$5.58/SF
NOI
$18.7K $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%
$374,780
Cap Rate 7%
$267,700
Cap Rate 9%
$208,211
Alternative Uses
Best Use
Office B
$267.7K
$234.2K – $312.3K
NOI $18,739 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$328.3K
$287.3K – $383.0K
NOI $22,982 @ 7.0% cap · market cap 4.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,828
Businesses Nearby
Explore this area
Business Placement
Demographics for 37067, TN
31,465
Population
14,087
Households
2.2
Avg Household Size
38
Median Age
67%
College-Educated
97%
High-School Grad
32.5 sq mi
ZIP Area
968
Density / Sq Mi
$110,202
Median Household Income
$63,824
Median Earnings
$1,860
Median Rent
$686,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Two-level office condo offers separated workspaces and a flexible layout for a range of professional uses.
Where is this office units located?
The property is located at 109 Holiday Ct Franklin, TN.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: 1,120‑SF two‑level office condominium (Suite D6) with separated workspaces; Flexible floor plan suited for many professional uses, including legal, accounting, consulting, and insurance; Year built: 1984
