133 Holiday Ct, Franklin, TN 37067
31,208 SF | 83% Leased | Office Building | Franklin, TN 37067 | $7,850,000 ($252/SF)
Asking Price $7,850,000
- Property Type
-
Office
- Square Feet
- 31,208 SF
- Price / Square Foot
- $252
Listing Contacts
Travis Kelty
Decklan Cashman
Property Overview
HOLIDAY COURT BUSINESS CENTER -LOWEST PER SQUARE FOOT OFFICE BUILDING IN FRANKLIN- provides an investor an unparalleled opportunity to acquire a meticulously renovated and strategically positioned commercial office building in the heart of Franklin, Tennessee. This 31,200+ square foot building, situated on 2.30 acres of prime real estate, is highly occupied and currently houses a diverse 18 tenants, demonstrating its robust appeal to businesses seeking an optimal environment in the south Williamson County area.
Under the stewardship of the current ownership over the past 24 months, existing and new tenants have witnessed a substantial commitment to enhancing both the aesthetics and functionality of HOLIDAY COURT BUSINESS CENTER. Rigorous attention to detail has been employed to transition the asset from its original condition, resulting in a carefully upgraded building and property. Furthermore, all new leases have been meticulously crafted into a market-leading triple net format, covering not only the rentable square footage but also the common areas. This strategic move significantly mitigates a new owner's liabilities, setting the stage for a financially secure future. Also, the introduction of above-market rent escalators within these new leases positions the property as a symbol of the building’s potential for unparalleled rent growth. Without the necessity of immediate interventions or capital expenditure to bring rents to market rate, a new owner can seamlessly capitalize on this promising revenue stream.
The transformative improvements undertaken in 2023-2024 further elevate the property's profile. Exterior repainting and custom lighting, lobby and restroom renovations, along with rejuvenated common areas boasting new paint, carpet, digital lobby signage, furniture, artwork, and suite signage, collectively contribute to an environment that exudes professionalism and modernity.
Beyond its current appeal, HOLIDAY COURT BUSINESS CENTER also provides a unique investment opportunity through its zoning advantages and exceptional visibility off Interstate 65 and Murfreesboro Road. The site's zoning, coupled with its prime location, positions it for substantial vertical redevelopment in the future, offering an additional avenue for value appreciation.
HOLIDAY COURT BUSINESS CENTER transcends the ordinary, presenting a rare opportunity for an investor to acquire a premium asset with a proven track record of success. The confluence of strategic renovations, favorable leases, and future redevelopment potential makes the asset an unrivaled proposition in the Franklin, Tennessee market. Seize this moment to elevate your financial future and secure a stake in a property that epitomizes quality and promise.
CALL FOR OFFERS!
Under the stewardship of the current ownership over the past 24 months, existing and new tenants have witnessed a substantial commitment to enhancing both the aesthetics and functionality of HOLIDAY COURT BUSINESS CENTER. Rigorous attention to detail has been employed to transition the asset from its original condition, resulting in a carefully upgraded building and property. Furthermore, all new leases have been meticulously crafted into a market-leading triple net format, covering not only the rentable square footage but also the common areas. This strategic move significantly mitigates a new owner's liabilities, setting the stage for a financially secure future. Also, the introduction of above-market rent escalators within these new leases positions the property as a symbol of the building’s potential for unparalleled rent growth. Without the necessity of immediate interventions or capital expenditure to bring rents to market rate, a new owner can seamlessly capitalize on this promising revenue stream.
The transformative improvements undertaken in 2023-2024 further elevate the property's profile. Exterior repainting and custom lighting, lobby and restroom renovations, along with rejuvenated common areas boasting new paint, carpet, digital lobby signage, furniture, artwork, and suite signage, collectively contribute to an environment that exudes professionalism and modernity.
Beyond its current appeal, HOLIDAY COURT BUSINESS CENTER also provides a unique investment opportunity through its zoning advantages and exceptional visibility off Interstate 65 and Murfreesboro Road. The site's zoning, coupled with its prime location, positions it for substantial vertical redevelopment in the future, offering an additional avenue for value appreciation.
HOLIDAY COURT BUSINESS CENTER transcends the ordinary, presenting a rare opportunity for an investor to acquire a premium asset with a proven track record of success. The confluence of strategic renovations, favorable leases, and future redevelopment potential makes the asset an unrivaled proposition in the Franklin, Tennessee market. Seize this moment to elevate your financial future and secure a stake in a property that epitomizes quality and promise.
CALL FOR OFFERS!
Property Details
- Class
- B
- Year Built/Renovated
- 1985/2023
- Stories
- 2
- Lot Size (sq. ft)
- 100,188 SF
Highlights
- RENOVATED 2023-2024
- FRANKLIN, TENNESSEE VOTED TOP 100 BEST PLACES TO LIVE 2023
- STRATEGICALLY LOCATED FRONTING I-65, ACROSS FROM WILLIAMSON MEDICAL CENTER
All available spaces
- Space
- 1st Fl-Ste 114
- Size
- 631 SF
- Condition
- Partial Build-Out
Nearby Properties
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