This exceptional freestanding retail building offers 9,400 square feet of vacant space, presenting a unique opportunity for a single tenant in a high-traffic location. Situated in Davidson County, this property enjoys unparalleled visibility and accessibility, being just 100 yards from Interstate 40, ensuring high exposure to a large customer base. The building's single-tenant configuration provides flexibility and control for the future occupant. The property's previous use as a Family Dollar store demonstrates its suitability for a variety of retail businesses. The substantial square footage allows for a wide range of retail concepts, from large-format stores to smaller businesses with ample storage needs. Its strategic location near a major interstate offers convenient access for both customers and employees, making it an ideal location for businesses seeking high visibility and easy accessibility. The property's size and location make it an attractive investment opportunity for businesses looking to establish a strong presence in the thriving Nashville market. This is a rare chance to secure a prominent retail space in a prime location with excellent visibility and accessibility. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Serious inquiries are encouraged to explore this exceptional retail opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,039,691
6.5%
$1,882,791
7%
$1,748,306
Comparable approach
Method
Valuation
Relative Method
$1,742,314
Geo Method
$1,742,314
Alternative Use
Use
Valuation
Residential
$1,588,205
Hospitality
$1,454,787
Educational
$1,210,366
Medical
$1,251,992
Retail
$1,882,791
Location Insight
City
Nashville
County
Davidson
State
Tennessee
Latitude
36.1684
Longitude
-86.8172
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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