Downtown Office Suite with
312 MADISON ST Clarksville, TN 37040
New
312 MADISON ST, Clarksville, TN, 37040
Contact for pricing
For Sale
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Office suite features a large front customer interface, multiple private offices, conference space, kitchen, and restrooms.
Property Size5,944 SF
Price / SF$126.01
Days on Market6
Property Features for 312 MADISON ST
General Information
- Standard status
- Active
- Size
- 5,944 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1976
Listing Agency
Byers & Harvey Real Estate and Managment
(931) 920-6792
Listed by
Jason Daugherty · License #280619
Source
Crexi
Added: Jul 15 Checked: Jul 19 at 1:36 am
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 Byers & Harvey Real Estate and Managment
Investment Insights
Based on property information with market context.
This office suite is built out with a large 24 x 36 customer interface and collaborative work area at the front. The layout also includes three executive offices with exterior windows, with two of those offices featuring private restrooms, plus five small offices, a work room with cabinets and counters, and a conference room. A large 36 x 36 meeting area provides additional space for group use.
The suite includes a kitchen, two public restrooms, and storage areas. The property is described as being in an excellent downtown location near government agencies, the courthouse, and law firms.
For buyers or tenants evaluating the space as an office user, the combination of executive offices, small office rooms, and multiple meeting areas supports a professional, client-facing workflow.
The suite includes a kitchen, two public restrooms, and storage areas. The property is described as being in an excellent downtown location near government agencies, the courthouse, and law firms.
For buyers or tenants evaluating the space as an office user, the combination of executive offices, small office rooms, and multiple meeting areas supports a professional, client-facing workflow.
Key Highlights
- Year built: 1976
- Includes a 24 x 36 front customer interface/collaborative work area
- Offers 3 executive offices with exterior windows; 2 include private restrooms
Local Financial Insights For Retail
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 | $85.6k | $14.40 |
| − Vacancy | −$4.8k | −$0.81 |
| EGI | $80.8k | $13.59 |
| − OpEx | −$24.2k | −$4.08 |
| NOI | $56.6k | $9.52 |
5,944 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$808.0K
$707.0K – $942.7K
NOI $56,560 @ 7.0% cap · market cap 7.55%
Second Best
Office B
$779.5K
$682.1K – $909.4K
NOI $54,566 @ 7.0% cap · market cap 7.29%
Theoretical Best
Office A
$997.8K
$873.1K – $1.16M
NOI $69,844 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Arc Thrift
Discount Store
Clarksville City Industrial ...
City Government Office
The PDI Thrift Store
Discount Store
Progressive Directions Inc
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office suite features a large front customer interface, multiple private offices, conference space, kitchen, and restrooms.
Where is this office units located?
The property is located at 312 MADISON ST Clarksville, TN.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Year built: 1976; Includes a 24 x 36 front customer interface/collaborative work area; Offers 3 executive offices with exterior windows; 2 include private restrooms
