Office Condominium with Private
For Sale
$1,247,895
109 International Dr, Franklin, TN 37067
Second-floor space has reception, a conference room, and glass-front private offices.
Property Size2,521 SF
Price / SF$495
Days on Market14
Property Features for 109 International Dr
General Information
Standard status
Active
Size
2,521 SF
Property subtype
Office
Zoning
RC-6
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
2
Tenant in Place
Yes
Property Use
Office
Building Details
Building Size
2,521 SF
Listing Agency:
CHORD Real Estate
Listed By:
Steve Luther · License #282590
(615) 988-1001
Source:
Chordrealestate
Added: Oct 15
Changed: Oct 26
Last Checked: Oct 27 at 12:57AM
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 CHORD Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 220 is a 2,521 SF second-floor office condominium at Premiere Centre, with reception space, a conference room, multiple glass-front offices, and a private balcony. Its flexible layout is suited to professional or medical use. The current tenant has expressed interest in renewing the lease, and the property is zoned RC-6 (Regional Commerce).
I-65 is less than half a mile away via Carothers Pkwy and Moores Ln. CoolSprings Galleria is minutes away, while The Rutledge and Home2 Suites by Hilton are next door.
Adjacent Suites 200 and 210 are separately offered at 1,612 SF and 1,601 SF. Suite 220 can be combined with Suite 210 for 4,122 SF, or all three suites can be acquired together for a total of 5,734 SF.
I-65 is less than half a mile away via Carothers Pkwy and Moores Ln. CoolSprings Galleria is minutes away, while The Rutledge and Home2 Suites by Hilton are next door.
Adjacent Suites 200 and 210 are separately offered at 1,612 SF and 1,601 SF. Suite 220 can be combined with Suite 210 for 4,122 SF, or all three suites can be acquired together for a total of 5,734 SF.
Key Highlights
- 2,521 SF second‑floor office condominium with a private balcony
- Reception area, conference room, and multiple glass‑front offices
- Zoned RC‑6 (Regional Commerce)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,179
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$843,580
$843.6K
Cap Rate 7%
$602,557
$602.6K
Cap Rate 9%
$468,656
$468.7K
Market Conditions
NOI Build-Up for 2,521 SF
Gross rent
$66.6K $26.40/SF
− Vacancy
−$10.3K −$4.09/SF
EGI
$56.2K $22.31/SF
− OpEx
−$14.1K −$5.58/SF
NOI
$42.2K $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%
$843,580
Cap Rate 7%
$602,557
Cap Rate 9%
$468,656
Alternative Uses
Best Use
Office B
$602.6K
$527.2K – $703.0K
NOI $42,179 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$739.0K
$646.6K – $862.2K
NOI $51,731 @ 7.0% cap · market cap 4.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,700
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor space has reception, a conference room, and glass-front private offices.
Where is this office unit located?
The property is located at 109 International Dr Franklin, TN.
What is the asking price?
The asking price for this property is $1,247,895.
What are key features of this property?
This property features: 2,521 SF second‑floor office condominium with a private balcony; Reception area, conference room, and multiple glass‑front offices; Zoned RC‑6 (Regional Commerce)
