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109 Holiday Ct
Franklin, TN 37067
Building D · Office Property For Sale
·
12,000 SF
EXECUTIVE SUMMARY
This 1,120 SF medical office condominium is fully leased to Ally Psychiatry under a new 10-year NNN lease. Built in 1984 and located within the Holiday Court Condos, the property offers a professional setting designed for outpatient behavioral health services. The space delivers long-term stability through a single-tenant occupancy structure and predictable annual rent escalations. The compact footprint and condo ownership structure make this an efficient, low-maintenance investment. Ally Psychiatry’s established platform, serving eight states, further strengthens credit quality and ensures consistent cash flow. With no landlord responsibilities beyond lease administration, investors gain reliable performance in a high-growth Nashville submarket.
PROPERTY FACTS
| Total Building Size | 12,000 SF | Typical Floor Size | 6,000 SF |
| Property Type | Year Built | 1984 | |
| Building Class | B | Lot Size | 2.02 AC |
| Floors | 2 | Parking Ratio | 9.58/1,000 SF |
| Total Building Size | 12,000 SF |
| Property Type | |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 6,000 SF |
| Year Built | 1984 |
| Lot Size | 2.02 AC |
| Parking Ratio | 9.58/1,000 SF |
1 UNIT AVAILABLE
Unit D-10
| Unit Size | 1,120 SF | Sale Type | Investment |
| Condo Use | Office |
| Unit Size | 1,120 SF |
| Condo Use | Office |
| Sale Type | Investment |
DESCRIPTION
Suite D10.
This 1,120 SF medical office condominium is fully leased to Ally Psychiatry under a new 10-year NNN lease. Built in 1984 and located within the Holiday Court Condos, the property offers a professional setting designed for outpatient behavioral health services. The space delivers long-term stability through a single-tenant occupancy structure and predictable annual rent escalations.
The compact footprint and condo ownership structure make this an efficient, low-maintenance investment. Ally Psychiatry’s established platform, serving eight states, further strengthens credit quality and ensures consistent cash flow. With no landlord responsibilities beyond lease administration, investors gain reliable performance in a high-growth Nashville submarket.
SALE NOTES
The property is offered at $480,000 with a new 10-year NNN lease commencing at close. Base rent is $30.00/SF, generating $33,600 annually ($2,800 monthly). Rent increases 3% annually, with tenant responsible for all taxes, insurance, and maintenance
