120 Holiday CtFranklin, TN 37067

  • Medical offices
  • 6,600 SF
For Lease
$22.50/SF/YR View listing

Property Details for 120 Holiday Ct

Year built
1983
Construction
FRAME
Lot size
0.60 AC
Property size (Sq ft)
6,600 SF
Property type
Medical offices
Property subtype
Medical space
APN
094079F B 00800
APU
094079FB00800

Description

This ±2,400 square foot medical office space is available for sublease in Franklin, TN. Located at 120 Holiday Ct, near N Royal Oaks Blvd and easily accessible from Murfreesboro Road and I-65, this property offers a prime location with convenient access to area shops, dining, and amenities. The building, constructed in 1983, is a single-story Class B building totaling 7,280 square feet, situated on a 0.61-acre lot. The sublease space is fully built-out and includes a reception area, exam rooms, and private offices, making it a turnkey solution for medical professionals or businesses. The building features 37 total parking spaces. The property is zoned Commercial and has an APN of 079F-B-008.00. The building has multiple tenants. The monthly rental rate for this ±2,400 square foot space is $4,500. The property's proximity to Williamson County Hospital and Medical Center further enhances its appeal to medical-related businesses. This is an excellent opportunity for a practice seeking a well-appointed, readily available space in a thriving medical corridor. The available space represents a portion of a larger 7,280 square foot building. This sublease offers a cost-effective entry into a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,140,164
    6.5%
    $1,052,459
    7%
    $977,283
  • Comparable approach

    Method
    Valuation
    Relative Method
    $568,128
    Geo Method
    $568,128
  • Alternative Use

    Use
    Valuation
    Residential
    $1,305,049
    Hospitality
    $1,195,418
    Educational
    $994,574
    Medical
    $1,028,778
    Retail
    $1,547,114

Location Insight

City
Franklin
County
Williamson
State
Tennessee
Latitude
35.9173
Longitude
-86.8258
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
$12,293
$204,000
$247,760
$451,760
-
$510,000
$619,400
$1,129,400

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