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Cool Springs Office Building

700 Cool Springs Blvd
Franklin, TN 37064

Sold for $4,700,000


Status: Sold
Living Area: 22,996 Square Ft.
Lot Size: 2.49 acres


Cool Springs Office Building



   
Description:

A 22,996 SF one-story, Class A office building completed in 1999. The building features masonry construction with brick veneer and limestone accents. The building features an attractive, modern architectural design and with above average tenant improvements including granite tile floors w/ black granite border and base, interior partitioning for individual offices as well as common areas and administrative support areas.

Property consist of 2.49 acres w/ parking ratio of 4.43 spaces per 1000 SF and C-2 zoning. This sell includes an assumable non-recourse loan w/ 30 year amortization @ 6.315% interest rate and (10) year term.

The location / neighborhood is one of the strongest commercial growth areas in southeastern United States. Growth includes new retail, office, industrial, multifamily and single family development. This unprecedented growth is spurred primarily by the area's rapid population growth combined with its superior income demographics. Williamson County, in which the market is located, has reported the highest levels of percapita and hosehold income in the state for past eight years. The area's acess to Nashville, attractive neighborhoods, quality schools, and other amenities have made Williamson County the most preferred place to live in the Nashville MSA.

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