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    630 Gallatin Pike Madison, TN 37115

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    For Sale
    $2,896,304

    NNN leased Bojangles' restaurant in Nashville MSA.

    Property size:
    3,886 SF
    Lot size:
    1.40 Acres

    Property Features for 630 Gallatin Pike

    General Information

    Size
    3,886 SF
    Lot size
    1.40 Acres

    Source: The Kase Group - Corporate Agent Jacob Abusharkh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bojangles' NNN Leased Investment

    This property features a 3,886-square-foot building constructed in 2017, situated on approximately 1.40 acres with 40 parking spaces. The property is leased to Bojangles' Restaurants, Inc. under a 15-year NNN lease with corporate guarantee. The lease includes 7.5% rent increases every 5 years, including option periods. Located at a high-visibility hard corner with a signalized intersection, the site benefits from a traffic count of 27,860 vehicles per day. The property is located in the growing Madison community, approximately 7 miles from Downtown Nashville, within the Nashville MSA. The surrounding area includes national retailers such as CVS, Kroger, Walgreens, McDonald’s, and the Madison Square Shopping Center.
    Insight Report Location Intelligence

    Current Use by Public Records

    CARA MAX Used Car Dealer luxury auto sales Used Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.710264
    Latitude
    36.2698973

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    FAQs

    What type of property is this?
    Drive through restaurant - NNN leased Bojangles' restaurant in Nashville MSA.
    Where is this drive through restaurant located?
    The property is located at 630 Gallatin Pike Madison, TN.
    What is the asking price?
    The asking price for this property is $2,896,304.
    What are key features of this property?
    This property features: - 15-Year NNN Lease corporately guaranteed by Bojangles’ Restaurants, Inc.; - 7.5% Rent Increases every 5 years, including options; - Prime Nashville MSA Location, only 7 miles from Downtown in the growing Madison community
    (415) 269-2474
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    Madison, TN 37115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    630 Gallatin Pike Madison, TN 37115
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