921 Nashville Pike - Freestanding FOR SALE
Gallatin, TN 37066 |
$3,025,200 USD
866-889-0550
921 Nashville Pike
Gallatin, TN 37066
HIGHLIGHTS
- LEASE TERMS & GUARANTOR – Tenant has ±5 years remaining on the first option with two 5-year options to extend at 10% rental increases
- OWNERSHIP & LEASE TYPE – Fee Simple, NN+, lease (Minimal landlord responsibilities).
- PROPERTY FEATURES – Drive-thru equipped on ±2.00 acres, built in 2014.
- HIGH TRAFFIC COUNT – Over 2 acres off Nashville Pike and Lock Rd, with 30,170+ VPD.
- DENSE RETAIL POCKET – Surrounded by multiple nationally recognized tenants such as Walmart, Zaxby’s, Cracker Barrel, Chick-Fil-a, Starbucks, Kroger
- STRONG DEMOGRAPHICS – Average household income over $101,221 within a 3-mile radius, with retail vacancy at just 3.75%.
FOR SALE DETAILS
PRICE
$3,025,200 USD
PRICE/SF
$706 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Panera Bread
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2014
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.1 AC
LAND SF
135,036 SF
ZONING
Commercial
APN/PARCEL ID
126I-B-008.00
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866-889-0550
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866-889-0550
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