Description of 321 Billingsly Court, Franklin, TN 37067
Courtyard Views "¢ Private Offices "¢ Triple Net Lease "¢ FIRST MONTH FREE with a 3 year lease. Previously configured for multiple private offices with flexible use potential for professional services, consulting, wellness, creative, or small business operations.This well-maintained office suite offers a quiet, professional setting in the heart of Cool Springs, tucked at the end of a peaceful cul-de-sac surrounded by mature trees, yet located less than one mile from I-65 and major retail, dining, and business conveniences. The space includes: 4 private offices (one of which makes a great conference room), Large reception or client waiting area, Kitchenette/breakroom with full cabinet storage and counter space, 1 private restroom. Direct access to the landscaped courtyard through a rear door (rare feature) Interior details include hardwood floors throughout, crown molding, neutral paint, abundant natural light, and a comfortable residential-style feel that works well for counseling offices, professional practices, creative firms, or quiet team environments. This is a triple net lease , currently estimated at approximately $628/month. Annual base rent increases 2% per year, and CAM/tax reconciliations are completed annually based on the prior year's actual expenses.
Listing updated: 10/27/2025
Courtyard Views "¢ Private Offices "¢ Triple Net Lease "¢ FIRST MONTH FREE with a 3 year lease. Previously configured for multiple private offices with flexible use potential for professional services, consulting, wellness, creative, or small business operations.This well-maintained office suite offers a quiet, professional setting in the heart of Cool Springs"”tucked at the end of a peaceful cul-de-sac surrounded by mature trees, yet located less than one mile from I-65 and major retail, dining, and business conveniences. The space includes: 4 private offices (one of which makes a great conference room), Large reception or client waiting area, Kitchenette/breakroom with full cabinet storage and counter space, 1 private restroom. Direct access to the landscaped courtyard through a rear door (rare feature) Interior details include hardwood floors throughout, crown molding, neutral paint, abundant natural light, and a comfortable residential-style feel that works well for counseling offices, professional practices, creative firms, or quiet team environments. This is a triple net lease "” currently estimated at approximately $628/month. Annual base rent increases 2% per year, and CAM/tax reconciliations are completed annually based on the prior year's actual expenses.
| LAST UPDATED | 10/27/2025 | YEAR BUILT | 0 |
|---|---|---|---|
| COUNTY | Williamson | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| HEAT | None |
| LOT | 0 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
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About this property
321 Billingsly Court, Franklin, TN 37067 is a property in Franklin, TN 37067, offered at $4,200.
How is it priced in Franklin?
Franklin 37067 homes: a buyer's market as of 2026-06-26. About 16.4 months of supply.
| Active listings | 289 |
|---|---|
| Median list price | $1,112,450 |
| Median $/sqft (list) | $322 |
| Homes sold (6-mo) | 106 |
| Median sold price | $1,300,000 |
| Months of supply | 16.4 |
As of 2026-06-26 (289 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.
Financing this property
Five-plus-unit and commercial properties are financed with a commercial loan, not a conforming 30-year mortgage: DSCR-underwritten, typically 20-30% down on a 20-25-year amortization (often a 5/7/10-year term), and qualified on net operating income (NOI), not personal income. Ask Grant Hammond about financing and to request the rent roll and operating statement.
Frequently asked questions
Can you short-term rent 321 Billingsly Court?
321 Billingsly Court is in Franklin (Williamson County), not Metro Nashville, so Nashville's short-term-rental permit program does not apply here. Williamson County and the City of Franklin set their own short-term-rental rules; verify the current local ordinance before counting on STR use.
How is 321 Billingsly Court financed?
Five-plus-unit and commercial properties use a commercial loan -- commonly DSCR-underwritten on the property's net operating income, typically with 20-30% down on a 20-25-year amortization -- not a conforming 30-year mortgage. Contact Grant Hammond, Compass RE, about financing.
What is the cap rate or rent roll for 321 Billingsly Court?
Cap rate, net operating income, and gross rent multiplier depend on the current rents and operating expenses, which are not included in the public listing data. Contact Grant Hammond, Compass RE, for the rent roll and operating statement.
How much does 321 Billingsly Court cost?
321 Billingsly Court is listed at $4,200 (as of 10/27/2025).
Is Franklin a buyer's or seller's market?
Franklin is currently a buyer's market, with about 16.4 months of supply. The median list price is around $1,112,450 (as of 2026-06-26, RealTracs via IDX).
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Market and guidance
Market guidance by Grant Hammond, Compass RE, with 25+ years and $1B+ in Middle Tennessee sales.
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