Flex Space with Fenced Outdoor
For Sale
Contact for pricing
3105 Gallatin Pike, Nashville, TN 37216
As-is flex property offering substantial indoor space and a fenced outdoor area for multiple commercial concepts.
Property Size3,920 SF
Price / SF$252.55
Days on Market243
Property Features for 3105 Gallatin Pike
General Information
Standard status
Active
Size
3,920 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
East Nashville
Fenced Yard
Yes
Outdoor Storage
Yes
Listing Agency:
The Cauble Group
(615) 854-7188
Listed By:
Tyler Cauble · License #328757
(615) 574-8060
Source:
Moodyscre
Added: Feb 23
Changed: Oct 11
Last Checked: Oct 23 at 6:57AM
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 The Cauble Group
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Investment Insights
Based on property information with market context.
This flex property combines substantial enclosed space with a fenced outdoor area. The layout is described as purpose-built to support multiple commercial strategies, including craft brewery with an outdoor biergarten, a creative office campus with outdoor workspace, specialty retail with experiential elements, or light manufacturing with an operational yard space. The property is offered as-is with no tenant improvements.
Located at 3105 Gallatin Pike in Nashville, the offering is positioned within East Nashville’s continued transformation, according to the property remarks.
With both indoor capacity and outdoor containment included in the same site, the property supports flexible programming where an enclosed work area and a controlled exterior space are both required.
Located at 3105 Gallatin Pike in Nashville, the offering is positioned within East Nashville’s continued transformation, according to the property remarks.
With both indoor capacity and outdoor containment included in the same site, the property supports flexible programming where an enclosed work area and a controlled exterior space are both required.
Key Highlights
- As‑is flex property with substantial indoor space and a fenced outdoor area for commercial use
- Purpose‑built for multiple concepts, including craft brewery with outdoor biergarten, creative office campus, specialty retail, or light manufacturing
- Includes enclosed square footage plus fenced outdoor space designed to support both indoor operations and outdoor customer/operational areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,761
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,220
$755.2K
Cap Rate 7%
$539,443
$539.4K
Cap Rate 9%
$419,567
$419.6K
Market Conditions
NOI Build-Up for 3,920 SF
Gross rent
$61.2K $15.60/SF
− Vacancy
−$3.1K −$0.78/SF
EGI
$58.1K $14.82/SF
− OpEx
−$20.3K −$5.19/SF
NOI
$37.8K $9.63/SF
Area
Nashville, TN
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,220
Cap Rate 7%
$539,443
Cap Rate 9%
$419,567
Alternative Uses
Best Use
Flex RnD
$539.4K
$472.0K – $629.4K
NOI $37,761 @ 7.0% cap · market cap 3.81%
Second Best
Industrial
$360.7K
$315.6K – $420.8K
NOI $25,246 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$997.9K
$873.2K – $1.16M
NOI $69,854 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 37216, TN
18,191
Population
9,574
Households
1.9
Avg Household Size
36
Median Age
57%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
2,715
Density / Sq Mi
$82,134
Median Household Income
$54,407
Median Earnings
$1,507
Median Rent
$404,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Nashville, TN
Similar Off Market Nearby
- Riverside Revival — 1600 Riverside Dr, Nashville, TN 37216
- 8 Lavender Lane — 1404 McGavock Pk, Nashville, TN 37216
- The Aero Bar — 1015 W Kirkland Ave, Nashville, TN 37216
Frequently Asked Questions
What type of property is this?
Flex space - As-is flex property offering substantial indoor space and a fenced outdoor area for multiple commercial concepts.
Where is this flex space located?
The property is located at 3105 Gallatin Pike Nashville, TN.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: As‑is flex property with substantial indoor space and a fenced outdoor area for commercial use; Purpose‑built for multiple concepts, including craft brewery with outdoor biergarten, creative office campus, specialty retail, or light manufacturing; Includes enclosed square footage plus fenced outdoor space designed to support both indoor operations and outdoor customer/operational areas
