Retail Strip
1170 Rock Springs Road Smyrna, TN 37167
For Sale
Contact for pricing
For sale retail strip center offering storefront-style space totaling approximately 9,000 square feet.
Property Size9,000 SF
Price / SF$544.44
Days on Market39
Property Features for 1170 Rock Springs Road
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing Agency:
Zach Taylor Real Estate
Listed By:
Meshel Abdelsayed · License #353670
Source:
Crexi
Added: Jun 15
Changed: Jul 23
Last Checked: Jul 23 at 3:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zach Taylor Real Estate
Investment Insights
Based on property information with market context.
This retail strip center presents storefront-style commercial space within a single property, totaling approximately 9,000 square feet. The offering is listed for sale.
The property is located at 1170 Rock Springs Road in Smyrna, Tennessee. It is well suited for retailers or service tenants seeking a traditional strip-mall configuration with street-facing presence.
With a defined footprint and retail-oriented design, the space can be evaluated for occupancy, leasing, or acquisition based on the needs of a specific tenant or buyer. Additional details such as unit mix, condition, or available configurations are not provided in the information received.
The property is located at 1170 Rock Springs Road in Smyrna, Tennessee. It is well suited for retailers or service tenants seeking a traditional strip-mall configuration with street-facing presence.
With a defined footprint and retail-oriented design, the space can be evaluated for occupancy, leasing, or acquisition based on the needs of a specific tenant or buyer. Additional details such as unit mix, condition, or available configurations are not provided in the information received.
Key Highlights
- Retail strip center built in 2026
- Storefront‑style retail space totaling approximately 9,000 sq ft
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $305.6k | $33.96 |
| − Vacancy | −$12.2k | −$1.36 |
| EGI | $293.4k | $32.60 |
| − OpEx | −$88.0k | −$9.78 |
| NOI | $205.4k | $22.82 |
9,000 SF · lease $33.96/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.93M
$2.57M – $3.42M
NOI $205,390 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.11M
$2.72M – $3.63M
NOI $217,728 @ 7.0% cap · market cap 4.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Capital Fireworks - Smyrna
Discount Store
FAQs
What type of property is this?
Strip mall - For sale retail strip center offering storefront-style space totaling approximately 9,000 square feet.
Where is this strip mall located?
The property is located at 1170 Rock Springs Road Smyrna, TN.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Retail strip center built in 2026; Storefront‑style retail space totaling approximately 9,000 sq ft
