1025 Westhaven BlvdFranklin, TN 37064
- Office properties
- 22,064 SF
Property Details for 1025 Westhaven Blvd
- Year built
- 2008
- Lot size
- 0.47 AC
- Property size (Sq ft)
- 22,064 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 094064O H 00800
- APU
- 094064OH00800
Description
This exceptional mixed-use retail opportunity is located within the thriving Westhaven Town Center, a master-planned community in Nashville. The property totals 47,022 square feet, offering multiple spaces available for lease, with a minimum divisible space of 2,096 square feet and a maximum contiguous space of 4,550 square feet. Currently, 6,646 square feet is vacant. Westhaven boasts a strong demographic profile, featuring a population of 5,938 residents, 2,002 completed homes, and a high concentration of highly educated individuals (68% holding Bachelor's, graduate, or professional degrees). The community's affluence is evident in its average household income of $142,017 and median home value of $648,616 (2021 figures). Disposable income within the area is $107,760. Westhaven's walkable design, coupled with amenities such as an 18-hole golf course, extensive nature trails, a lakeside park, and an amphitheater, creates a vibrant and desirable environment for businesses. The presence of Pierre Creek Elementary School, serving over 700 students from pre-K through 5th grade, further enhances the family-oriented atmosphere. This property presents a unique chance to establish a presence in one of Nashville's fastest-growing and most affluent communities. Contact us today to learn more about leasing opportunities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,811,602
- 6.5%
- $3,518,402
- 7%
- $3,267,087
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,899,269
- Geo Method
- $1,899,269
-
Alternative Use
- Use
- Valuation
- Residential
- $4,362,818
- Hospitality
- $3,996,318
- Educational
- $3,324,890
- Medical
- $3,439,238
- Retail
- $5,172,050
Location Insight
- City
- Franklin
- County
- Williamson
- State
- Tennessee
- Latitude
- 35.9286
- Longitude
- -86.9229
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.
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