1905 Gallatin PikeNashville, TN 37115

  • Retail properties
  • 3,983 SF
For Sale
$2,472,639 View listing

Property Details for 1905 Gallatin Pike

Year built
1995
Lot size
0.70 AC
Property size (Sq ft)
3,983 SF
Property type
Retail properties
Property subtype
Lifestyle centers

Description

This exceptional investment opportunity presents a 3,983 square foot, two-tenant shopping center in Nashville, Tennessee, boasting a 6.25% cap rate and a strong net operating income (NOI) of $154,540. Located at 1905 Gallatin Pike N, in Davidson County, this fee-simple property sits on a 0.7-acre lot and features a Starbucks and an Ascension Saint Thomas Urgent Care as tenants. The property, built in 1995, benefits from a 100% occupancy rate, with Starbucks having eight years remaining on their lease and Ascension Saint Thomas Urgent Care having over four years remaining. Both leases include rent bumps and are structured as NNN (triple net) leases, minimizing management responsibilities for the investor. The tenants are backed by corporate guarantees, providing added security. The property enjoys a prime location in a high-traffic retail corridor with an average annual daily traffic count of 35,496 vehicles. Surrounding national and regional retailers include Walmart, Home Depot, Lowe's, and Hobby Lobby, further enhancing the property's visibility and appeal. This is an ideal investment for those seeking a low-management, high-return retail property in a thriving market. The property offers a compelling combination of strong tenants, a desirable location, and a favorable financial profile.

1905 Gallatin Pike, Nashville, Tennessee

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.2999
Longitude
-86.6959

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].