100 Covey DrFranklin, TN 37067

  • Healthcare properties
  • 53,760 SF
For Lease

Property Details for 100 Covey Dr

Year built
1988
Construction
CONCRETE
Lot size
3.50 AC
Property size (Sq ft)
53,760 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
094079K A 00100
APU
094079KA00100

Description

Physicians Plaza, located at 100 Covey Dr, Franklin, TN 37067, offers exceptional medical office space for lease. This Class A, three-story building boasts a total of 51,720 square feet, situated on the Williamson Health Medical Center hospital campus, providing unparalleled convenience and visibility. The building is strategically located directly off I-65 and Murfreesboro Road, ensuring easy access for patients and staff. Multiple tenancy options are available, with spaces ranging from a minimum of 626 square feet to a maximum contiguous space of 3,031 square feet. Currently, 5,136 square feet of space is vacant and ready for immediate occupancy. The building consists of one building with three stories, and is located in Williamson County. This prime location within a thriving medical community presents a unique opportunity for healthcare professionals seeking modern, efficient, and conveniently located office space. The building's Class A designation reflects its high-quality construction, modern amenities, and professional atmosphere. Interested parties are encouraged to inquire about available space and lease terms. This is an exceptional opportunity to establish or expand your medical practice in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,287,151
    6.5%
    $8,572,755
    7%
    $7,960,416
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,627,661
    Geo Method
    $4,627,661
  • Alternative Use

    Use
    Valuation
    Residential
    $10,630,216
    Hospitality
    $9,737,221
    Educational
    $8,101,254
    Medical
    $8,379,868
    Retail
    $12,601,950
100 Covey Dr, Franklin, Tennessee

Location Insight

City
Franklin
County
Williamson
State
Tennessee
Latitude
35.9149
Longitude
-86.82
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$105,148
$1,017,160
$2,846,840
$3,864,000
-
$1,627,500
$221,200
$1,848,700

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].