420 W Main St Gallatin, TN

This 100% occupied, two-tenant retail strip center features a synergistic mix of national tenants operating under NNN leases. The property is priced below replacement cost and includes 10% rental increases throughout the initial term and option periods. Positioned along the area's traffic and retail corridor, the site benefits from easy access and excellent visibility, with daily traffic counts exceeding 25,000 vehicles. Harbor Freight, operating over 1,600 locations nationwide with over $8 billion in annual revenue and a Ba3 Moody's rating, is a key tenant. The other tenant, Genuine Parts Co., NAPA's parent company, earns $23.49 billion annually and holds a BBB investment-grade rating from S&P. The site benefits from proximity to one of the fastest-growing metropolitan areas in the country, as Gallatin's population has surged over 25% in the last decade. Gallatin frequently ranks among the top "Best Cities to Live" in Tennessee due to its affordability, public safety, public schools, and overall quality of life for families and professionals. The property is near Sumner with Ascension Saint Thomas, a 167-bed acute care hospital offering comprehensive services. The immediate area is experiencing major growth and is located in a rapidly growing community with robust demographics, near several retail and housing developments under construction. The property is situated in a strong daytime employment area, surrounded by numerous established distribution centers, industrial, and manufacturing plants, providing a large base of employees within walking distance or a short drive.