1000 Rivergate PkwyGoodlettsville, TN 37072

Property Details for 1000 Rivergate Pkwy

Year built

1971

Lot size

10.10 AC

Property size (Sq ft)

193,896 SF

Zone code

MULTI-ZONE

Property type

Retail properties

Property subtype

Other retail properties

APN

026-14-0-026-00

APU

2614002600

Description

Rivergate Mall, located at 1000 Rivergate Parkway in Goodlettsville, Tennessee (zip code 37072), presents a significant retail investment opportunity. This established regional shopping destination boasts a substantial 1,164,631 square feet of leasable space within a 78.23-acre lot. Originally constructed in 1971 and extensively renovated in 2011, the mall offers a modern shopping experience. The property features ample parking with 4,918 spaces to accommodate shoppers and tenants. Currently, there are multiple tenants occupying the space, with available units ranging from 420 square feet to 193,564 square feet (50 spaces currently available). The mall is strategically positioned just minutes from Downtown Nashville, benefiting from its proximity to a major metropolitan area. Major anchors include Dillard's and JCPenney, attracting a significant customer base. The property's advantageous location is further enhanced by its adjacency to the Dollar General Corporate Headquarters and its direct access to Interstate 65 via Vietnam Veterans Parkway, a high-traffic thoroughfare with over 57,000 vehicles daily. This prime location and established tenant base make Rivergate Mall an exceptional retail investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $49,239,024

  6.5%

  $45,451,408

  7%

  $42,204,880

• Comparable approach

  Method

  Valuation

  Relative Method

  $42,060,232

  Geo Method

  $42,060,232

• Alternative Use

  Use

  Valuation

  Residential

  $38,339,964

  Hospitality

  $35,119,200

  Educational

  $29,218,762

  Medical

  $30,223,640

  Retail

  $45,451,408

Location Insight

City

Goodlettsville

County

Davidson

State

Tennessee

Latitude

36.304

Longitude

-86.6984

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].