Multi-Tenant Office Building For
1097 Weston Dr Mount Juliet, TN
For Sale
Contact for pricing
Multi-tenant office building in a fast-growing Tennessee city.
Property Size10,500 SF
Lot Size2.45 Acres
Price / SF$328.57
Days on Market1106
Property Features for 1097 Weston Dr
General Information
Standard status
Active
Size
10,500 SF
Lot size
2.45 Acres
Property subtype
OFFICE
Properties For Sale
at 1097 Weston Dr Contact us
Listing Agency:
Colliers | Nashville
(615) 850-2757
Listed By:
Sohaila Willis, CCIM · License #294664
Source:
Moodyscre
Added: Jul 20, 2023
Changed: Jul 6
Last Checked: Jul 21 at 5:57AM
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 Colliers | Nashville
Investment Insights
Based on property information with market context.
This multi-tenant office building is located in a rapidly growing city in Tennessee, offering convenient access to Interstate 40, which sees a traffic volume of 84,731 vehicles per day. The property is also located in close proximity to Nashville. The building is currently 100% occupied and has high traffic counts. The property has a size of 10,500 square feet.
Key Highlights
- 100% occupied
- Located in one of the fastest‑growing cities in Tennessee
- Just 3‑minutes from Interstate 40 (84,731 VPD)
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $277.2k | $26.40 |
| − Vacancy | −$43.0k | −$4.09 |
| EGI | $234.2k | $22.31 |
| − OpEx | −$58.6k | −$5.58 |
| NOI | $175.7k | $16.73 |
10,500 SF · lease $26.40/SF/yr · vacancy 15.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.51M
$2.20M – $2.93M
NOI $175,676 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$13.77M
$12.05M – $16.06M
NOI $963,820 @ 7.0% cap · market cap 27.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office building in a fast-growing Tennessee city.
Where is this office building located?
The property is located at 1097 Weston Dr Mount Juliet, TN.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 100% occupied; Located in one of the fastest‑growing cities in Tennessee; Just 3‑minutes from Interstate 40 (84,731 VPD)
