Smyrna Commercial Building For Sale

264 S Lowry St, Smyrna, TN 37167

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For Sale

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Highly visible commercial building in Smyrna, Tennessee with flexible layout.

Type:Office, Retail

Property size:

2,379 SF

Price / SF:

$294/SF

HighLights

High visibility location on a busy corridor with approximately 25,000 vehicles per day.
2,379 SF commercial building suitable for retail, office, or service‑oriented businesses.
Potential for multi‑tenant use with the ability to divide into two separate suites with individually metered utilities.
Located in the heart of Smyrna, Tennessee.
Convenient access to Smyrna and Nashville markets.
Established surrounding businesses.

We can help!

Contact an agent

Rusty Rust

Learn more

For Sale

Contact for pricing

Highly visible commercial building in Smyrna, Tennessee with flexible layout.

Type:Office, Retail

Property size:

2,379 SF

Price / SF:

$294/SF

Added:: Mar 24, 2026
Days on Market:: 95
Last Refresh:: Mar 25 at 8:58 pm

Property Features for 264 S Lowry St

General Information

Standard status: Active
Size: 2,379 SF
Property subtype: Office, Retail

Building Details

Year Built: 1975

We can help!

Contact an agent

Rusty Rust

Listing office Stevens Group Commercial Real Estate

Listing date Mar 24, 2026

Source Crexi

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 Stevens Group Commercial Real Estate

HighLights

High visibility location on a busy corridor with approximately 25,000 vehicles per day.
2,379 SF commercial building suitable for retail, office, or service‑oriented businesses.
Potential for multi‑tenant use with the ability to divide into two separate suites with individually metered utilities.
Located in the heart of Smyrna, Tennessee.
Convenient access to Smyrna and Nashville markets.
Established surrounding businesses.

Overview

Located in Smyrna, Tennessee, the property at 294 S Lowry St is a 2,379 SF commercial building situated along a busy corridor. The location benefits from approximately 25,000 vehicles per day passing the property, providing exposure for retail, office, or service-oriented businesses. The building is configured as a single tenant space, but the layout allows for division into two separate suites, each with individually metered utilities. The property is positioned on S Lowry Street and benefits from traffic, established surrounding businesses, and access to the Smyrna and Nashville, Tennessee markets.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$80.8k	$33.96
− Vacancy	−$3.2k	−$1.36
EGI	$77.6k	$32.60
− OpEx	−$23.3k	−$9.78
NOI	$54.3k	$22.82

2,379 SF · lease $33.96/SF/yr · vacancy 4.00% · expense 30.00%

Alternative Uses

Best Use

Retail

$775.6K

$678.6K – $904.9K (±1% cap)

NOI $54,291 @ 7.0% cap · market cap 7.76%

Second Best

Office B

$568.6K

$497.5K – $663.4K (±1% cap)

NOI $39,803 @ 7.0% cap · market cap 5.69%

Theoretical Best

Specialty Retail

$822.2K

$719.4K – $959.2K (±1% cap)

NOI $57,553 @ 7.0% cap · market cap 8.22%

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

Location Intelligence

Current Use by Public Records

Paris Nails Nail Salon Smyrna Everything (Bike/Boat/Book/etc) Store VVZ Vape & Smoke ... (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Smyrna
County: Rutherford
State: Tennessee
Longitude: -86.5133523
Latitude: 35.9756615

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For sale
Retail space
TN
Smyrna
37167
264 S Lowry St

What type of property is this?

Retail space - Highly visible commercial building in Smyrna, Tennessee with flexible layout.

Where is this retail space located?

The property is located at 264 S Lowry St Smyrna, TN.

What is the asking price?

The asking price for this property is $700,000.

What are key features of this property?

This property features: High visibility location on a busy corridor with approximately 25,000 vehicles per day.; 2,379 SF commercial building suitable for retail, office, or service‑oriented businesses.; Potential for multi‑tenant use with the ability to divide into two separate suites with individually metered utilities.