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Multi-Tenant Restaurant Property
For Sale
$1,400,000

4384 Nashville Highway, Chapel Hill, TN 37034

Three existing business areas and an unused entrance-accessible space support restaurant and office configurations.

Property Size2,873 SF
Price / SF$487.30
Days on Market9

Property Features for 4384 Nashville Highway

General Information

Standard status Active
Size 2,873 SF
Property subtype Commercial

Additional Details

Utilities to Site Yes
Equipment Included No

Building Details

Year Built 1971
Tenancy Multi
Listing Agency: REMAX David Jent Realty
Listed By: Robert (Rob) Huey · License #312973
Source: Benchmarkrealtytn
Added: Sep 7 Changed: Sep 14 Last Checked: Sep 14 at 7:09AM

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 REMAX David Jent Realty

Investment Insights

Based on property information with market context.

Built in 1971, this restaurant property includes three existing business areas along with an unused section that has a separate entrance and could serve as office space. The layout also includes a connecting hallway with added storage and a second entrance serving the pizza area. Restaurant-related improvements include upgraded electrical service, partial roof replacement, new water heaters, added plumbing, mini-split air conditioning, replacement condensers, a two-door walk-in cooler with CO2 beer lines, natural gas service, and a three-phase inverter.

The property includes two parcels at 4384 Nashville Highway and 4394 Nashville Highway. The parking lot has been repaved, and the second parcel was acquired to provide additional parking. The site uses septic, while a sewer tap has been paid for but not installed. Restaurant equipment is excluded from the sale but may be purchased separately.

Key Highlights

  • Three businesses currently occupy the property
  • Unused area has its own entrance and could provide office space
  • Sale includes 2 parcels at 4384 Nashville Hwy and 4394 Nashville Hwy

Property Analytics

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Current Use

Viking Pizza Company ... Restaurant From The Heart Restaurant Farmstead Coffee Co. Cafe & Coffee Shop

Suggested Use

Top Pick Plumbing Service Storage Facility Big Box & Wholesale Store Cafe & Coffee Shop Kitchen & Bath Showroom Nail Salon

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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,376 visits/mo 0.4 miles
Valero Energy Shops & Services
4,956 visits/mo 0.1 miles
BP Shops & Services
3,343 visits/mo 0.3 miles

Demographics for 37034, TN

8,412
Population
3,570
Households
2.4
Avg Household Size
38
Median Age
19%
College-Educated
96%
High-School Grad
72.9 sq mi
ZIP Area
115
Density / Sq Mi
$84,906
Median Household Income
$45,640
Median Earnings
$1,307
Median Rent
$306,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Three existing business areas and an unused entrance-accessible space support restaurant and office configurations.
Where is this conventional restaurant located?
The property is located at 4384 Nashville Highway Chapel Hill, TN.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Three businesses currently occupy the property; Unused area has its own entrance and could provide office space; Sale includes 2 parcels at 4384 Nashville Hwy and 4394 Nashville Hwy
More about this property
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