1025 Westhaven BlvdFranklin, TN 37064

  • Office properties
  • 22,064 SF
For Lease

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
1025 Westhaven Blvd, Franklin, Tennessee

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

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
$32,523
$122,200
$1,386,200
$1,508,400
-
$305,500
$3,465,500
$3,771,000

FAQs

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