5040 Carothers PkwyFranklin, TN 37067

Property Details for 5040 Carothers Pkwy

Year built

2019

Lot size

2.07 AC

Property size (Sq ft)

15,687 SF

Property type

Retail space

APN

094079 04020

APU

9407904020

Description

This exceptional 3,600 square foot executive office space is ideally situated at 5040 Carothers Parkway in Franklin, Tennessee, within the highly sought-after Cool Springs submarket of Williamson County. The property offers a single-tenant occupancy, providing complete control and flexibility for the ideal business. The building boasts a total of 97 parking spaces, ensuring ample convenience for employees and clients. Its strategic location provides easy access to Interstate 65, facilitating seamless commutes and efficient transportation throughout the region. Franklin, Tennessee, itself is a thriving community, boasting a population exceeding 85,000 and recognized as one of the fastest-growing and most affluent cities in the United States. This prime location offers unparalleled access to a robust and affluent market, making it an exceptional opportunity for businesses seeking a prestigious and easily accessible address. The entire 3,600 square feet is currently vacant, presenting a blank canvas for a discerning tenant to customize the space to their exact specifications. The property's classification includes both retail and office uses, offering versatility for a range of business types. The zip code is 37067.

• CAP approach

  CAP return

  Valuation

  6%

  $3,983,644

  6.5%

  $3,677,210

  7%

  $3,414,552

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,402,849

  Geo Method

  $3,402,849

• Alternative Use

  Use

  Valuation

  Residential

  $3,101,864

  Hospitality

  $2,841,291

  Educational

  $2,363,920

  Medical

  $2,445,219

  Retail

  $3,677,210

Location Insight

City

Franklin

County

Williamson

State

Tennessee

Latitude

35.9254

Longitude

-86.8161

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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