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Walgreens Drug Store
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2500 Gallatin Ave, Nashville, TN 37206

Retail property at a signalized intersection with established Gallatin Ave frontage and a long-term Walgreens lease.

Property Size14,560 SF
Lot Size1.67 Acres
Days on Market142

Property Features for 2500 Gallatin Ave

General Information

Standard status Active
Size 14,560 SF
Lot size 1.67 Acres
Property subtype Retail

Site & Location

Frontage 136 ft
Corner Location Yes
Traffic Count 26,220 vehicles/day

Building Details

Buildings 1
Tenancy Single
Listing Agency: Franklin Street
Listed By: Justin Sturdivant · License #TN 333989
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:08AM

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 Franklin Street

Investment Insights

Based on property information with market context.

This drug store property occupies a 1.67-acre parcel improved with a 14,560 SqFt Walgreens building. The site is positioned at the signalized intersection of Gallatin Ave and Chester Ave, with more than 136 feet of frontage along Gallatin Ave.

The Walgreens lease commenced in March 2003, reaches its 5 year termination options in September 2028, and has a full term expiring in September 2078. The property sits within a retail corridor extending more than 30 miles from Downtown Nashville through Madison, Hendersonville, and Gallatin. Nearby national retailers include Publix, Ace Hardware, Kroger, Dominos, and Subway, while additional surrounding businesses include Tower Market Deli, Cobra Bar, and The Gallatin Hotel. The 5-mile area reports a population exceeding 220,000 and 96,602 households, with 26,220 vehicles per day reported on this section of Gallatin Ave.

Key Highlights

  • 14,560 SqFt Walgreens building on a 1.67‑acre lot
  • Walgreens lease full term expires in September 2078
  • Lease reaches its 5 year termination options in September 2028

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Allison Harvey, PharmD Pharmacy Walgreens Pharmacy Pharmacy FedEx OnSite Postal Service Ryan C. Boyd, ... Pharmacy

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Electrical Service Accounting Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26,220 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

628
Businesses Nearby
165k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 31% Groceries 25% Home Improvements & Furnishings 5%
Publix Groceries
41,761 visits/mo 0.4 miles
McDonald's Dining
27,635 visits/mo 0.4 miles
Speedway Shops & Services
19,783 visits/mo 0.1 miles
Starbucks Dining
19,779 visits/mo 0.5 miles
Mister Car Wash Shops & Services
11,041 visits/mo 0.5 miles

Demographics for 37206, TN

27,792
Population
14,323
Households
1.9
Avg Household Size
34
Median Age
60%
College-Educated
94%
High-School Grad
7.8 sq mi
ZIP Area
3,563
Density / Sq Mi
$88,605
Median Household Income
$58,213
Median Earnings
$1,564
Median Rent
$529,400
Median Home Value

Market

Vacancy Rate% for Retail in Nashville, TN

4% 2019
5.4% 2020
3.8% 2021
2.6% 2022
2.1% 2023
2.4% 2024
3.7% 2025
Rey
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Similar Off Market Nearby

  • Publix 1111 Gallatin Ave, Nashville, TN 37206
  • Waxing The City 1108 Gallatin Ave, Nashville, TN 37206
  • Allison Harvey, PharmD 2500 Gallatin Ave, Nashville, TN 37206
  • CVS 2516 Gallatin Pike, Nashville, TN 37206
  • Walgreens Pharmacy 2500 Gallatin Ave, Nashville, TN 37206

Frequently Asked Questions

What type of property is this?
Drug store - Retail property at a signalized intersection with established Gallatin Ave frontage and a long-term Walgreens lease.
Where is this drug store located?
The property is located at 2500 Gallatin Ave Nashville, TN.
What are key features of this property?
This property features: 14,560 SqFt Walgreens building on a 1.67‑acre lot; Walgreens lease full term expires in September 2078; Lease reaches its 5 year termination options in September 2028
More about this property
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