321 Highway 76, White House, TN 37188

Building Details

Year Built 1959 More

Listing Agency: Benchmark Realty, LLC

Listed By: Trevor Barber · License TN #355964 Show Phone

Source: Benchmarkrealtytn

Added: Mar 14 Changed: Nov 9 Last Checked: Nov 8 at 6:51AM

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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

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Investment Insights

Based on property information with market context.

This mixed-use corner building offers approximately 1,839 square feet of space and sits on about 0.31 acres. The property is designed for flexible commercial use, with an existing structure that can be continued as office or service space, or adapted for other concepts. The site is positioned to support development, and the City has confirmed drive-thru potential on the combined corner assemblage. Zoning is C-1, and the remarks indicate there is no minimum or maximum building footprint requirement.

The building is located at the intersection of Highway 76 and West Drive, providing strong frontage, easy access, and exposure along a high-traffic corridor. The property is part of a two-lot corner assemblage, with the adjacent 319 Highway 76 also available. Together, the parcels total approximately 0.64 acres, supporting future redevelopment planning for a range of small-format and drive-thru-oriented uses.

For buyers seeking an operational option, the owner-occupied building can be maintained for office or service use, with the ability to reposition as tenant demands change. For developers, the combination of C-1 zoning, confirmed drive-thru potential on the combined corner, and the availability of both parcels creates a straightforward path to pursue a future small-footprint retail or QSR concept. The property will be delivered vacant upon acceptable sale or ground lease terms.

Key Highlights

• ±1,839 SF mixed‑use building built in 1959 on approx. 0.31 acres at the corner of Highway 76 and West Drive
• Strong Highway 76 frontage on a high‑traffic corridor with easy access and exposure
• Zoned C‑1 with flexible commercial potential and no minimum or maximum building footprint restrictions stated

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$24,876

Cap Rate

3.32%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$497,520 $497.5K

Cap Rate 7%

$355,371 $355.4K

Cap Rate 9%

$276,400 $276.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,839 SF

Gross rent

$39.7K $21.60/SF

− Vacancy

−$6.6K −$3.56/SF

EGI

$33.2K $18.04/SF

− OpEx

−$8.3K −$4.51/SF

NOI

$24.9K $13.53/SF

Area

Robertson County, TN

Vacancy

16.50%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$497,520

Cap Rate 7%

$355,371

Cap Rate 9%

$276,400

Alternative Uses

Best Use

Office B

$355.4K

$311.0K – $414.6K (±1% cap)

NOI $24,876 @ 7.0% cap · market cap 3.32%

Second Best

Retail

$306.2K

$267.9K – $357.2K (±1% cap)

NOI $21,434 @ 7.0% cap · market cap 2.86%

Theoretical Best

Office A

$474.4K

$415.1K – $553.5K (±1% cap)

NOI $33,208 @ 7.0% cap · market cap 4.43%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Law Firm Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

431

Businesses Nearby

Explore this area Business Placement

Demographics for 37188, TN

16,281

Population

6,815

Households

2.4

Avg Household Size

38

Median Age

25%

College-Educated

92%

High-School Grad

30.7 sq mi

ZIP Area

530

Density / Sq Mi

$87,412

Median Household Income

$48,556

Median Earnings

$1,394

Median Rent

$305,900

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Corner mixed-use building with strong Highway 76 frontage and confirmed drive-thru potential, delivered vacant at sale.

Where is this office building located?

The property is located at 321 Highway 76 White House, TN.

What is the asking price?

The asking price for this property is $749,900.

What are key features of this property?

This property features: ±1,839 SF mixed‑use building built in 1959 on approx. 0.31 acres at the corner of Highway 76 and West Drive; Strong Highway 76 frontage on a high‑traffic corridor with easy access and exposure; Zoned C‑1 with flexible commercial potential and no minimum or maximum building footprint restrictions stated