806 Nissan Dr - Drug Store FOR SALE


Smyrna, TN 37167- Smyrna/La Vergne
$5,350,000 USD
407-913-9009
806 Nissan Dr, Smyrna, TN for Sale
$5,350,000 USD
Drug Store - FOR SALE
1/6
null | 7.34% Cap Rate

806 Nissan Dr
Smyrna, TN 37167
Smyrna/La Vergne


OVERVIEW

Long Term Commitment: Absolute NNN lease structure with over 9 years remaining and 12, 5 year options to extend. Zero Landlord Responsibilities: Tenant operates under an absolute NNN lease structure, ensuring true passive ownership for investors. Walmart Outparcel: Strategically positioned as an outparcel to a high-performing Walmart Supercenter in Smyrna, the property benefits from exceptional visibility, direct access, and placement within a dominant retail corridor. The immediate area is surrounded by nationally recognized retailers including McDonald’s, Arby’s, Dutch Bros, and Popeyes, driving consistent consumer traffic and supporting long-term tenant demand. Affluent Surrounding Demographics: The property is located within a strong and established trade area, with average household incomes exceeding $108,000 within a 10-mile radius—supporting a high-spending consumer base and driving sustained tenant performance. Well-Positioned Hard Corner Location: Situated at a signalized hard corner along Nissan Drive, the property benefits from exceptional visibility, dual access points, and strong traffic exposure with over 45,300+ vehicles per day. Thriving Nashville MSA Growth: Located within the rapidly expanding Nashville metropolitan statistical area, the property benefits from strong population growth, robust job creation, and continued corporate relocation activity—driving long-term real estate appreciation. Proximity to Nissan Smyrna Plant: The property is located adjacent to the Nissan Smyrna Vehicle Assembly Plant—one of the largest automotive manufacturing facilities in the United States—employing approximately 8,000+ workers.

FOR SALE DETAILS

PRICE

$5,350,000 USD

PRICE/SF

$368 USD /SF

CAP RATE

7.34%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

81

LAND DETAILS

LAND ACRES

1.91 AC

LAND SF

83,200 SF

ZONING

C-2

APN/PARCEL ID

034C-A-001.01-000

ASK ABOUT THIS PROPERTY

Connor ShellStream Capital PartnersMore Info
407-913-9009

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Connor ShellStream Capital PartnersMore Info
407-913-9009

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