Mt. Juliet Office Space
For Sale
$650,000
46 W Caldwell St, Mount Juliet, TN 37122
Commercial office space in prime Mt. Juliet location for sale.
Property Size1,181 SF
Price / SF$550.38
Days on Market540
Property Features for 46 W Caldwell St
General Information
Standard status
Active
Size
1,181 SF
Site & Location
Neighborhood
Suggs Creek
Building Details
Year Built
1940
Listing Agency:
THE CROSSLIN TEAM
Listed By:
JASON CROSSLIN
(615) 450-2011
Source:
Corcoran
Added: May 7, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 CROSSLIN TEAM
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Investment Insights
Based on property information with market context.
Commercial office space is available in a prime location in the heart of Mt. Juliet. The property offers four office spaces plus a reception area with a full kitchen. A concrete access ramp is present at one of the three entrances. A large parking area provides ample space for employee and customer parking. The 1181 square foot property is located at 46 W Caldwell St, Mount Juliet, TN 37122. The lot offers space for potential parking or storage expansion. This location would be suitable for a professional services firm such as a law office, counselor's office, attorney's office, IT company office, business office, title company, real estate company, or engineering office. The property was previously used for many years as the Mt. Juliet Chamber of Commerce location.
Key Highlights
- Prime location in the heart of Mt. Juliet.
- Four office spaces plus a reception area and full kitchen.
- Ample parking for employees and customers.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,759
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,180
$395.2K
Cap Rate 7%
$282,271
$282.3K
Cap Rate 9%
$219,544
$219.5K
Market Conditions
NOI Build-Up for 1,181 SF
Gross rent
$31.2K $26.40/SF
− Vacancy
−$4.8K −$4.09/SF
EGI
$26.3K $22.31/SF
− OpEx
−$6.6K −$5.58/SF
NOI
$19.8K $16.73/SF
Area
Wilson County, TN
Vacancy
15.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,180
Cap Rate 7%
$282,271
Cap Rate 9%
$219,544
Alternative Uses
Best Use
Office B
$282.3K
$247.0K – $329.3K
NOI $19,759 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.55M
$1.36M – $1.81M
NOI $108,407 @ 7.0% cap · market cap 16.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
809
Businesses Nearby
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Commercial office space in prime Mt. Juliet location for sale.
Where is this office unit located?
The property is located at 46 W Caldwell St Mount Juliet, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Prime location in the heart of Mt. Juliet.; Four office spaces plus a reception area and full kitchen.; Ample parking for employees and customers.
