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    Class A Office Condos Title is generated by Realmo AI

    329 S Royal Oaks Blvd, Franklin, TN 37064

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    Claim this Listing
    For Sale
    $2,875,000

    Class A office condos in Franklin, TN for sale.

    Type:Commercial/Industrial
    Property size:
    8,638 SF
    Price / SF:
    $332/SF
    Added:
    Apr 27, 2023
    Days on Market:
    1144
    Last Refresh:
    May 20 at 2:03 am

    Property Features for 329 S Royal Oaks Blvd

    General Information

    Standard status
    Active
    Size
    8,638 SF
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    2020

    We can help!

    Listing Contact
    Samantha Inglis

    Listing agent Samantha Inglis License #360910

    Listing office Zeitlin Sotheby's International Realty

    Listing date Apr 27, 2023

    Source Exitrealty

    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 Zeitlin Sotheby's International Realty

    HighLights

    • Brand new Class A office condos in Franklin, TN.
    • Opportunity to control and customize office environment.
    • Financial and operational benefits of real estate ownership.
    • Contemporary common area finishes.
    • Abundant parking.
    • Long‑term investment potential in the Franklin community.

    Overview

    These Class A office condos are located in Allston East, a new Class A office asset in Franklin, TN. The property features contemporary common area exterior and interior finishes and abundant parking. The available space offers flexibility to tailor each space to reflect an owner's tastes and specifications. This property offers an exceptional opportunity for buyers to control and customize their office environment and enjoy the financial and operational benefits of real estate ownership, and become a long-term investor in the Franklin community. The property size is 8638 square feet.

    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 $228.0k $26.40
    − Vacancy −$35.3k −$4.09
    EGI $192.7k $22.31
    − OpEx −$48.2k −$5.58
    NOI $144.5k $16.73
    8,638 SF · lease $26.40/SF/yr · vacancy 15.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.06M
    $1.81M – $2.41M (±1% cap)
    NOI $144,522 @ 7.0% cap · market cap 5.03%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.53M
    $2.22M – $2.95M (±1% cap)
    NOI $177,252 @ 7.0% cap · market cap 6.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Campbell Perky Johnson, ... Law Firm FFLSafe (Bike/Boat/Book/etc) Store Allston Offices Business Service Center Laden & Batra Dentistry ... Dental Office

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8398
    Latitude
    35.9077

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    FAQs

    What type of property is this?
    Office units - Class A office condos in Franklin, TN for sale.
    Where is this office units located?
    The property is located at 329 S Royal Oaks Blvd Franklin, TN.
    What is the asking price?
    The asking price for this property is $2,875,000.
    What are key features of this property?
    This property features: Brand new Class A office condos in Franklin, TN.; Opportunity to control and customize office environment.; Financial and operational benefits of real estate ownership.
    (310) 740-3240
    We can help!
    Listing Contact
    Samantha Inglis
    Real Estate License ID: 360910
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