Flex Space with
For Sale
Contact for pricing
135 College Street, Gallatin, TN 37066
Office and storage configuration with private workrooms, a roll-up door, and parking for business operations.
Property Size3,171 SF
Price / SF$1.50
Days on Market125
Property Features for 135 College Street
General Information
Standard status
Active
Size
3,171 SF
Property subtype
Commercial Lease / Mixed Use
Amenities
No Dock
Building Details
Year Built
1930
Listing Agency:
RCH Properties
Listed By:
Steve Moor · License #252993
(615) 955-0968
Source:
Compass
Added: Jun 13
Changed: Oct 11
Last Checked: Oct 15 at 1:59AM
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 RCH Properties
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Investment Insights
Based on property information with market context.
This 3,171-square-foot flex property combines office, warehouse, and storage areas within a building constructed in 1930. The layout includes five private offices or workrooms, one restroom, a warehouse section with a roll-up door, and additional storage space. A circular driveway supports site access, while side and rear parking accommodate employees, customers, and deliveries.
The property is located at 135 College Street in Gallatin, one block from the Sumner County Courthouse and Historic Downtown Gallatin Square. Core Commercial zoning is identified for the site, with potential applications described in the source information including professional office, contractor, service, retail, showroom, and creative studio uses.
The property is located at 135 College Street in Gallatin, one block from the Sumner County Courthouse and Historic Downtown Gallatin Square. Core Commercial zoning is identified for the site, with potential applications described in the source information including professional office, contractor, service, retail, showroom, and creative studio uses.
Key Highlights
- 3,171‑square‑foot flex property with office, warehouse, and storage areas
- Five private offices or workrooms plus one restroom
- Warehouse area includes a roll‑up door and additional storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,971
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,420
$419.4K
Cap Rate 7%
$299,586
$299.6K
Cap Rate 9%
$233,011
$233.0K
Market Conditions
NOI Build-Up for 3,171 SF
Gross rent
$30.9K $9.75/SF
− Vacancy
−$958 −$0.30/SF
EGI
$30.0K $9.45/SF
− OpEx
−$9.0K −$2.83/SF
NOI
$21.0K $6.61/SF
Area
Sumner County, TN
Vacancy
3.10%
Lease Rate
$9.75 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,420
Cap Rate 7%
$299,586
Cap Rate 9%
$233,011
Alternative Uses
Best Use
Office B
$757.9K
$663.2K – $884.2K
NOI $53,054 @ 7.0% cap · market cap 1,116.93%
Second Best
Warehouse
$363.8K
$318.3K – $424.4K
NOI $25,465 @ 7.0% cap · market cap 536.11%
Theoretical Best
Specialty Retail
$1.11M
$971.2K – $1.29M
NOI $77,696 @ 7.0% cap · market cap 1,635.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,384
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37066, TN
59,370
Population
25,939
Households
2.3
Avg Household Size
40
Median Age
34%
College-Educated
91%
High-School Grad
116.3 sq mi
ZIP Area
510
Density / Sq Mi
$78,049
Median Household Income
$43,311
Median Earnings
$1,305
Median Rent
$376,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Graze Catering and Goods — 562 S Water Ave, Gallatin, TN 37066
- Chef Christopher's Catering @ EPIC Event Centre — 396 W Main St, Gallatin, TN 37066
- Epic Event Centre — 392 W Main St, Gallatin, TN 37066
- strEATS (Food Trailer) — 531 Red River Rd, Gallatin, TN 37066
Frequently Asked Questions
What type of property is this?
Flex space - Office and storage configuration with private workrooms, a roll-up door, and parking for business operations.
Where is this flex space located?
The property is located at 135 College Street Gallatin, TN.
What are key features of this property?
This property features: 3,171‑square‑foot flex property with office, warehouse, and storage areas; Five private offices or workrooms plus one restroom; Warehouse area includes a roll‑up door and additional storage space
