Firestone-Anchored Shopping
15119 Old Hickory Boulevard, Nashville, TN 37211
For Sale
Contact for pricing
Three-tenant shopping center anchored by Firestone Complete Auto Care in a high-traffic retail hub.
Property Size12,691 SF
Price / SF$254.51
Days on Market149
Property Features for 15119 Old Hickory Boulevard
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Net Operating Income
Site & Location
Neighborhood
Traffic Count
Building Details
Year Built
Tenancy
Listing Agency:
Colliers - Nashville, Tennessee
Listed By:
Jim Morris · License TN #270138
(615) 850-2764
Source:
Crexi
Added: Jun 16
Changed: Aug 28
Last Checked: Aug 14 at 7:05AM
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 Colliers - Nashville, Tennessee
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Investment Insights
Based on property information with market context.
This Firestone-anchored shopping center offers a three-tenant configuration and includes Firestone Complete Auto Care as an original tenant dating back to development nearly forty years ago. The asset is positioned as a purpose-built retail and service destination with an automotive maintenance anchor already established on-site.
The center is located along Old Hickory Boulevard near its intersection with Nolensville Road in southern Davidson County, Nashville. The surrounding area is described as a primary retail hub, with major nearby retailers including Walmart, Kroger, Sprouts, and Lowe’s. The property benefits from the dense population of the area, with over 100,000 residents reported within three miles, and a daily traffic count cited at 31,000.
For tenants, the center’s tenant mix and established automotive anchor may support operators looking for retail proximity to a long-running service concept in a heavily trafficked corridor. For buyers, the property provides ownership of a small, three-tenant shopping center with an anchor that is part of a large national automotive maintenance chain with more than 2,300 locations, each independently owned by the company.
The center is located along Old Hickory Boulevard near its intersection with Nolensville Road in southern Davidson County, Nashville. The surrounding area is described as a primary retail hub, with major nearby retailers including Walmart, Kroger, Sprouts, and Lowe’s. The property benefits from the dense population of the area, with over 100,000 residents reported within three miles, and a daily traffic count cited at 31,000.
For tenants, the center’s tenant mix and established automotive anchor may support operators looking for retail proximity to a long-running service concept in a heavily trafficked corridor. For buyers, the property provides ownership of a small, three-tenant shopping center with an anchor that is part of a large national automotive maintenance chain with more than 2,300 locations, each independently owned by the company.
Key Highlights
- Three‑tenant shopping center anchored by Firestone Complete Auto Care
- Located along Old Hickory Blvd near the intersection with Nolensville Road in southern Davidson County
- Center year built: 1988
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,052
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,341,040
$2.3M
Cap Rate 7%
$1,672,171
$1.7M
Cap Rate 9%
$1,300,578
$1.3M
Market Conditions
NOI Build-Up for 12,691 SF
Gross rent
$182.8K $14.40/SF
− Vacancy
−$15.5K −$1.22/SF
EGI
$167.2K $13.18/SF
− OpEx
−$50.2K −$3.95/SF
NOI
$117.1K $9.22/SF
Area
ZIP 37211
Vacancy
8.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,341,040
Cap Rate 7%
$1,672,171
Cap Rate 9%
$1,300,578
Alternative Uses
Best Use
Retail
$1.67M
$1.46M – $1.95M
NOI $117,052 @ 7.0% cap · market cap 3.62%
Second Best
Industrial
$1.17M
$1.02M – $1.36M
NOI $81,735 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$3.72M
$3.26M – $4.34M
NOI $260,419 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
31,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
551
Businesses Nearby
433k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 28%
Shops & Services 27%
Superstores 21%
Groceries 14%
Walmart
Superstores
88,979 visits/mo
0.5 miles
Chick-fil-A
Dining
42,219 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
35,566 visits/mo
0.4 miles
Kroger
Groceries
34,880 visits/mo
0.2 miles
McDonald's
Dining
30,918 visits/mo
0.3 miles
Demographics for 37211, TN
81,830
Population
34,650
Households
2.4
Avg Household Size
33
Median Age
43%
College-Educated
86%
High-School Grad
21.7 sq mi
ZIP Area
3,771
Density / Sq Mi
$69,936
Median Household Income
$42,270
Median Earnings
$1,444
Median Rent
$374,200
Median Home Value
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Market
Vacancy Rate% for Retail in Nashville, TN
Similar Off Market Nearby
- Express Oil Change & Tire Engineers — 5817 Nolensville Pk, Nashville, TN 37211
- Reinalt-Thomas Corporation — 5832 Nolensville Pk, Nashville, TN 37211
- Walmart Auto Care Centers — 5824 Nolensville Pk, Nashville, TN 37211
- Firestone Complete Auto Care — 15127 Old Hickory Blvd, Nashville, TN 37211
- NTB-National Tire & Battery — 5809 Nolensville Pk, Nashville, TN 37211
Frequently Asked Questions
What type of property is this?
Auto shop - Three-tenant shopping center anchored by Firestone Complete Auto Care in a high-traffic retail hub.
Where is this auto shop located?
The property is located at 15119 Old Hickory Boulevard Nashville, TN.
What is the asking price?
The asking price for this property is $3,230,000.
What are key features of this property?
This property features: Three‑tenant shopping center anchored by Firestone Complete Auto Care; Located along Old Hickory Blvd near the intersection with Nolensville Road in southern Davidson County; Center year built: 1988
