Office Unit with Private
For Sale
Contact for pricing
545 N Mount Juliet Rd, Mount Juliet, TN 37122
An open-plan layout pairs dedicated offices with a conference room and separate interior and exterior entrances.
Property Size2,288 SF
Price / SF$2.36
Days on Market25
Property Features for 545 N Mount Juliet Rd
General Information
Standard status
Active
Size
2,288 SF
Property subtype
Office
Site & Location
Neighborhood
Suggs Creek
Building Details
Year Built
2008
Listing Agency:
Regal Realty Group
(615) 499-5864
Listed By:
Crystal Lethcoe · License #327488
(615) 618-0990
Source:
Movehomenashville
Added: Oct 5
Changed: Oct 29
Last Checked: Oct 29 at 2:41PM
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 Regal Realty Group
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Investment Insights
Based on property information with market context.
Built in 2008, this 2,288-square-foot office unit combines a broad open work area with five private offices, a conference room, and a large storage closet. Recent interior updates include fresh paint, carpet, and LVP flooring. The layout also has designated entry points from both the interior and exterior, and the space may be subdivided.
Key Highlights
- 2,288‑square‑foot office unit built in 2008
- Five private offices, conference room, open work area, and large storage closet
- Potential to subdivide the space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,281
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,620
$765.6K
Cap Rate 7%
$546,871
$546.9K
Cap Rate 9%
$425,344
$425.3K
Market Conditions
NOI Build-Up for 2,288 SF
Gross rent
$60.4K $26.40/SF
− Vacancy
−$9.4K −$4.09/SF
EGI
$51.0K $22.31/SF
− OpEx
−$12.8K −$5.58/SF
NOI
$38.3K $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%
$765,620
Cap Rate 7%
$546,871
Cap Rate 9%
$425,344
Alternative Uses
Best Use
Office B
$546.9K
$478.5K – $638.0K
NOI $38,281 @ 7.0% cap · market cap 708.91%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.00M
$2.63M – $3.50M
NOI $210,021 @ 7.0% cap · market cap 3,889.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
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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 - An open-plan layout pairs dedicated offices with a conference room and separate interior and exterior entrances.
Where is this office unit located?
The property is located at 545 N Mount Juliet Rd Mount Juliet, TN.
What are key features of this property?
This property features: 2,288‑square‑foot office unit built in 2008; Five private offices, conference room, open work area, and large storage closet; Potential to subdivide the space
