20 Executive Park Dr, Hendersonville, TN 37075
One-level office facility in Hendersonville with ample parking.
- Added:
- May 29, 2025
- Days on Market:
- 389
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 20 Executive Park Dr
General Information
- Standard status
- Active
- Size
- 4,000 SF
Building Details
- Year Built
- 2008
Listing agent TAMMY JEFFERS
Listing office BENCHMARK REALTY, LLC (615) 573-0487
Listing date May 29, 2025
Source Corcoran
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 BENCHMARK REALTY, LLC
HighLights
- New Roof (2024)
- Prime Location in the Heart of Hendersonville
- Abundance of Parking
- Multiple Office Spaces
- Reception Area
- One Level Facility
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 | $105.6k | $26.40 |
| − Vacancy | −$16.4k | −$4.09 |
| EGI | $89.2k | $22.31 |
| − OpEx | −$22.3k | −$5.58 |
| NOI | $66.9k | $16.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hendersonville
- County
- Sumner
- State
- Tennessee
- Longitude
- -86.6271
- Latitude
- 36.3008