5809 Nolensville Pike - Auto Repair FOR SALE


Nashville, TN 37211- Shadow Glen
$1,705,000 USD
615-671-4431
5809 Nolensville Pike, Nashville, TN for Sale
$1,705,000 USD
Auto Repair - FOR SALE
1/4
null | 6.5% Cap Rate

5809 Nolensville Pike
Nashville, TN 37211
Shadow Glen


HIGHLIGHTS

  • Corporate Guarantee – Mavis tire has over 2,000 locations nationwide
  • Replaceable/Below Market Rent – NTB is paying $19/PSF whereas market rent in Nashville is well over $30/PSF
  • Minimal Landlord Responsibilities
  • Hard-corner location
  • Dense retail corridor – adjacent to a Chick-Fil-A, Bank of America, Take 5 Oil Change, PPG Paints, Sprouts Farmers Market, Walmart, Lowes, etc.
  • Dense Population – There are more than 183,883 people in a 5-mile radius

OVERVIEW

Matthews Real Estate Investment Services is pleased to exclusively offer the opportunity to acquire the fee simple interest in the NTB located at 5809 Nolensville Pike, Nashville, TN (the “Property”). A 5,793 square-foot single tenant building on ±0.53-AC, located in one of the densest retail pockets in Middle Tennessee. The property is located on one of the main thoroughfares in Nashville, seeing north of 28,800 VPD along Nolensville Pike and located less than 11 miles from downtown Nashville, and 3 miles from I-24. NTB is adjacent to a Chick-Fil-A, Bank of America, Take 5 Oil Change, PPG Paints, Sprouts Farmers Market, and across the street from Walmart, Lowes, Kroger, the Hickory Plaza Shopping Mall, and countless other national credit retailers. To pair with the phenomenal location, NTB has over 3.5 years remaining on the lease with 10% rental increases every 5 years. This investment allows qualified investors an opportunity to break into the Nashville market with a higher yield automotive tenant just miles from Downtown Nashville.

FOR SALE DETAILS

PRICE

$1,705,000 USD

PRICE/SF

$294 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

SCR

APN/PARCEL ID

161-00-0-180

ASK ABOUT THIS PROPERTY

Ben BurnettMatthews Real Estate Investment ServicesMore Info
615-671-4431

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Ben BurnettMatthews Real Estate Investment ServicesMore Info
615-671-4431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.