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NASHVILLE- GREAT OWNER OCCUPANT OPPORTUNITY 133 Holiday Ct

31,208 SF 80% Leased Office Building Franklin, TN 37067 $7,850,000 ($252/SF)

Investment Highlights

  • RENOVATED 2023-2024
  • STRATEGICALLY LOCATED FRONTING I-65, ACROSS FROM WILLIAMSON MEDICAL CENTER
  • FRANKLIN, TENNESSEE VOTED TOP 100 BEST PLACES TO LIVE 2023

Executive Summary

HOLIDAY COURT BUSINESS CENTER -LOWEST PER SQUARE FOOT OFFICE BUILDING IN FRANKLIN-INVESTOR OR OWNER-USER GREAT CASH FLOW WITH BUILT IN ESCALATIONS - OCCUPY 5,000 SQ FT INITIALLY AND GROW INTO THE REST OF THE BUILDING OVER TIME - provides an investor an unparalleled opportunity to acquire a meticulously renovated and strategically positioned commercial office building in the heart of Franklin, Tennessee. This 31,200+ square foot building, situated on 2.30 acres of prime real estate, is highly occupied and currently houses a diverse 18 tenants, demonstrating its robust appeal to businesses seeking an optimal environment in the south Williamson County area.
Under the stewardship of the current ownership over the past 24 months, existing and new tenants have witnessed a substantial commitment to enhancing both the aesthetics and functionality of HOLIDAY COURT BUSINESS CENTER. Rigorous attention to detail has been employed to transition the asset from its original condition, resulting in a carefully upgraded building and property. Furthermore, all new leases have been meticulously crafted into a market-leading triple net format, covering not only the rentable square footage but also the common areas. This strategic move significantly mitigates a new owner's liabilities, setting the stage for a financially secure future. Also, the introduction of above-market rent escalators within these new leases positions the property as a symbol of the building’s potential for unparalleled rent growth. Without the necessity of immediate interventions or capital expenditure to bring rents to market rate, a new owner can seamlessly capitalize on this promising revenue stream.

The transformative improvements undertaken in 2023-2024 further elevate the property's profile. Exterior repainting and custom lighting, lobby and restroom renovations, along with rejuvenated common areas boasting new paint, carpet, digital lobby signage, furniture, artwork, and suite signage, collectively contribute to an environment that exudes professionalism and modernity.

Beyond its current appeal, HOLIDAY COURT BUSINESS CENTER also provides a unique investment opportunity through its zoning advantages and exceptional visibility off Interstate 65 and Murfreesboro Road. The site's zoning, coupled with its prime location, positions it for substantial vertical redevelopment in the future, offering an additional avenue for value appreciation.
HOLIDAY COURT BUSINESS CENTER transcends the ordinary, presenting a rare opportunity for an investor to acquire a premium asset with a proven track record of success. The confluence of strategic renovations, favorable leases, and future redevelopment potential makes the asset an unrivaled proposition in the Franklin, Tennessee market. Seize this moment to elevate your financial future and secure a stake in a property that epitomizes quality and promise.
CALL FOR OFFERS! - WE LIST, LEASE AND SELL NASHVILLE COMMERCIAL REAL ESTATE - CONTACT US TODAY

Attachments

133 Holiday Ct

Taxes & Operating Expenses (Actual - 2022) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2022) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
31,208 SF
Building Class
B
Year Built/Renovated
1985/2023
Price
$7,850,000
Price Per SF
$252
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
15,604 SF
Building FAR
0.31
Land Acres
2.30 AC
Zoning
RC-6 - RC-6 (Regional Commerce 6). Permitted property types include office, retail, civic and multifamily up to 6 stories. FUTURE DEVELOPMENT POTENTIAL
Parking
125 Spaces (4.03 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 109
  • 963 SF
  • Office
  • Full Build-Out
  • Now

FURNITURE NOT INCLUDED Fully renovated in December 2023 Perfect for medical use Across the freeway from Williamson County Medical Center South facing windows

  • 1st Fl-Ste 114
  • 631 SF
  • Office
  • Partial Build-Out
  • Now

Fully Renovated! New LVP Flooring, Fresh Paint, & LED lighting installed

  • 2nd Fl-Ste 201
  • 1,839 SF
  • Office
  • Full Build-Out
  • Jan 2025
  • 2nd Fl-Ste 207
  • 2,249 SF
  • Office
  • Full Build-Out
  • Jan 2025
Space Size Space Use Condition Available
1st Fl-Ste 109 963 SF Office Full Build-Out Now
1st Fl-Ste 114 631 SF Office Partial Build-Out Now
2nd Fl-Ste 201 1,839 SF Office Full Build-Out Jan 2025
2nd Fl-Ste 207 2,249 SF Office Full Build-Out Jan 2025

1st Fl-Ste 109

Size
963 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 114

Size
631 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 201

Size
1,839 SF
Space Use
Office
Condition
Full Build-Out
Available
Jan 2025

2nd Fl-Ste 207

Size
2,249 SF
Space Use
Office
Condition
Full Build-Out
Available
Jan 2025

1st Fl-Ste 109

Size 963 SF
Space Use Office
Condition Full Build-Out
Available Now

FURNITURE NOT INCLUDED Fully renovated in December 2023 Perfect for medical use Across the freeway from Williamson County Medical Center South facing windows

1st Fl-Ste 114

Size 631 SF
Space Use Office
Condition Partial Build-Out
Available Now

Fully Renovated! New LVP Flooring, Fresh Paint, & LED lighting installed

2nd Fl-Ste 201

Size 1,839 SF
Space Use Office
Condition Full Build-Out
Available Jan 2025

2nd Fl-Ste 207

Size 2,249 SF
Space Use Office
Condition Full Build-Out
Available Jan 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
079F-B-012.00
Land Assessment
$727,280 (2023)
Improvements Assessment
$1,214,280 (2023)
Total Assessment
$1,941,560 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
  • Listing ID: 30612870

  • Date on Market: 1/9/2024

  • Last Updated:

  • Address: 133 Holiday Ct, Franklin, TN 37067

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