Multi-Suite Flex
For Sale
Contact for pricing
200 NONAVILLE RD, Mt Juliet, TN 37122
Brick construction combines office areas with a warehouse component and paved parking.
Property Size8,400 SF
Price / SF$178.57
Days on Market58
Property Features for 200 NONAVILLE RD
General Information
Standard status
Active
Size
8,400 SF
Property subtype
Retail, Office, Industrial
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
1
Additional Details
Highway Access
Yes
Office Units
2
Building Details
Year Built
2008
Buildings
1
Stories
1
Units
1
Building Size
8,400 SF
Construction
brick
Tenancy
Multi
Listing Agency:
Edgefield Commercial
Listed By:
Tyler Brock · License #367981
Source:
Crexi
Added: Aug 18
Changed: Oct 7
Last Checked: Oct 12 at 7:30PM
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 Edgefield Commercial
Investment Insights
Based on property information with market context.
This 8,400-square-foot flex property is a brick commercial building completed in 2008 and divided into three separate suites. The configuration includes a lower-level office suite that is vacant, an occupied upper office suite, and an occupied rear warehouse. The warehouse provides 16-foot clear height, a powered grade-level overhead door, and direct connectivity to the office area. Paved parking and drive-around circulation support the property’s functional layout.
The property is located at 200 Nonaville Road in Mt. Juliet, Tennessee, with access to Interstate 40 and Golden Bear Gateway. Providence Marketplace and Nashville International Airport are also identified as nearby destinations. The existing mix of office and warehouse space accommodates both investment and owner-user applications without relying on a single-use layout.
The property is located at 200 Nonaville Road in Mt. Juliet, Tennessee, with access to Interstate 40 and Golden Bear Gateway. Providence Marketplace and Nashville International Airport are also identified as nearby destinations. The existing mix of office and warehouse space accommodates both investment and owner-user applications without relying on a single-use layout.
Key Highlights
- 8,400‑square‑foot brick flex building completed in 2008
- Three‑suite configuration with lower office, upper office, and rear warehouse components
- Rear warehouse offers 16‑foot clear height and a powered grade‑level overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,311
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,220
$1.0M
Cap Rate 7%
$718,729
$718.7K
Cap Rate 9%
$559,011
$559.0K
Market Conditions
NOI Build-Up for 8,400 SF
Gross rent
$81.6K $9.72/SF
− Vacancy
−$4.2K −$0.51/SF
EGI
$77.4K $9.21/SF
− OpEx
−$27.1K −$3.23/SF
NOI
$50.3K $5.99/SF
Area
Wilson County, TN
Vacancy
5.20%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,220
Cap Rate 7%
$718,729
Cap Rate 9%
$559,011
Alternative Uses
Best Use
Warehouse
$11.02M
$9.64M – $12.85M
NOI $771,056 @ 7.0% cap · market cap 51.40%
Second Best
Industrial
$9.07M
$7.94M – $10.58M
NOI $634,987 @ 7.0% cap · market cap 42.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37122, TN
64,018
Population
25,608
Households
2.5
Avg Household Size
40
Median Age
47%
College-Educated
96%
High-School Grad
111.6 sq mi
ZIP Area
574
Density / Sq Mi
$109,306
Median Household Income
$57,218
Median Earnings
$1,840
Median Rent
$451,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Houston’s Meat & Produce — 3930 N Mt Juliet Rd, Mt. Juliet, TN 37122
Frequently Asked Questions
What type of property is this?
Flex space - Brick construction combines office areas with a warehouse component and paved parking.
Where is this flex space located?
The property is located at 200 NONAVILLE RD Mt Juliet, TN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 8,400‑square‑foot brick flex building completed in 2008; Three‑suite configuration with lower office, upper office, and rear warehouse components; Rear warehouse offers 16‑foot clear height and a powered grade‑level overhead door
