East Nashville Strip Center & Development Opportunity
3101 Gallatin Pike, Nashville, TN
For Sale
Retail
$1,879,467
Price
4.5%
Cap Rate
10,000 sqft
Building Size
Overview
Cap Rate
4.5%
Building Size
10,000 sqft
Lot Area
0.62 acres
Price Per Sqft
$188
Highlights
- HARD SIGNALIZED INTERSECTION - The property sits at the corner of a signalized seeing ±31,480 VPD
- BELOW MARKET RENTS - Cash America and Neighbor Title Loan are paying significantly below market rent at an average of $10.41/SF
- EAST BANK DEVELOPMENT - The east bank is set to be home of Oracle's new headquarters and the new Tennessee Titans stadium other popular attractions coming.
- MAIN THOROUGHFARE - Gallatin Ave serves the East Nashville main artery seeing ±26,200 VPD
- BOOMING POPULATION GROWTH - The population in a 5-mile radius has grown 2.6% annually since 2010
Documents
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