1097 Weston Dr, Mount Juliet, TN
Multi-tenant office building in a fast-growing Tennessee city.
- Added:
- Jul 20, 2023
- Days on Market:
- 1059
- Last Refresh:
- May 19 at 9:35 pm
Property Features for 1097 Weston Dr
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Lot size
- 2.45 Acres
- Property subtype
- OFFICE
Listing agent Sohaila Willis, CCIM License #TN 294664
Listing office Colliers | Nashville (615) 850-2700
Listing date Jul 20, 2023
Source Moodyscre
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
HighLights
- 100% occupied
- Located in one of the fastest‑growing cities in Tennessee
- Just 3‑minutes from Interstate 40 (84,731 VPD)
- Close proximity to Nashville
- Multi‑tenant office building
- High traffic counts
Overview
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mount Juliet
- County
- Wilson
- State
- Tennessee
- Longitude
- -86.5119
- Latitude
- 36.1859
