Freestanding Office Buildings
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370 Natchez St, Franklin, TN 37064
Two modern free-standing office and medical buildings with shared paved parking and true NNN leases.
Property SizeContact for details
Days on Market120
Property Features for 370 Natchez St
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
The Loch Company
(615) 790-5099
Listed By:
Tom Lochbihler · License #256873
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 10:20PM
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 The Loch Company
Investment Insights
Based on property information with market context.
This offering includes two modern, freestanding office/medical office buildings sold as a pair, with a combined footprint of approximately 4,400 total square feet. One building was constructed for the current tenant in 2017 and has a true NNN lease structure with a 10-year term beginning 1-1-2017 and one 5-year renewal option. The second building is separately deeded and is also leased on a true NNN basis.
Both buildings share a paved parking lot, and the properties are located just outside downtown Franklin. Each building sits on its own parcel, with the first property listed on a 65 x 140 lot and the second on a separate 70 x 144 lot.
The first building is identified as 370 Natchez Street (approximately 2,400+ sq. ft.) and the second as 382 Natchez (approximately 2,000+ sq. ft.). The 370 Natchez Street building is noted as rented at $3,750 NNN, with annual inflation increases after year 4. The 382 Natchez building is described as rented at $2,625 per month until 10-1-22, with a suggested current market rent noted as $4,000 per month.
Both buildings share a paved parking lot, and the properties are located just outside downtown Franklin. Each building sits on its own parcel, with the first property listed on a 65 x 140 lot and the second on a separate 70 x 144 lot.
The first building is identified as 370 Natchez Street (approximately 2,400+ sq. ft.) and the second as 382 Natchez (approximately 2,000+ sq. ft.). The 370 Natchez Street building is noted as rented at $3,750 NNN, with annual inflation increases after year 4. The 382 Natchez building is described as rented at $2,625 per month until 10-1-22, with a suggested current market rent noted as $4,000 per month.
Key Highlights
- Two modern, free‑standing office/medical buildings totaling 4,400± sq. ft., sold as a pair with two separate deeds
- Both buildings have true NNN leases and are rented to stable nonprofit tenants
- 370 Natchez St.: 2,400± sq. ft. office building built in 2017; 10‑year lease started 1‑1‑2017 with a 5‑year renewal option
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,521
Businesses Nearby
Explore this area
Business Placement
Demographics for 37064, TN
62,422
Population
25,302
Households
2.5
Avg Household Size
41
Median Age
59%
College-Educated
94%
High-School Grad
184.0 sq mi
ZIP Area
339
Density / Sq Mi
$121,492
Median Household Income
$56,690
Median Earnings
$1,810
Median Rent
$664,000
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Two modern free-standing office and medical buildings with shared paved parking and true NNN leases.
Where is this office building located?
The property is located at 370 Natchez St Franklin, TN.
What are key features of this property?
This property features: Two modern, free‑standing office/medical buildings totaling 4,400± sq. ft., sold as a pair with two separate deeds; Both buildings have true NNN leases and are rented to stable nonprofit tenants; 370 Natchez St.: 2,400± sq. ft. office building built in 2017; 10‑year lease started 1‑1‑2017 with a 5‑year renewal option
