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    2156 Gallatin Pike Nashville, TN 37115

    For Lease
    $30 SF/Yr

    Nashville Shopping Center - Prime Location

    Lot size:
    172,078 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    The Shoppes at Rivergate, a Class A, 172,078 square foot power center in Nashville, TN, presents a compelling investment opportunity. This two-building, single-story center boasts 24 suites, with 8,550 square feet currently vacant, divisible into spaces ranging from 1,250 to 9,011 square feet. Built in 1986 and renovated in 2015, the property sits on 17.7 acres of land at 2156 Gallatin Pike N, 37115, with convenient access to TN Hwy 386 and the intersection of Gallatin Pike and Conference Drive. The property benefits from high traffic counts exceeding 57,000 ADT at the signalized intersection. Anchored by Sprouts Farmers Market and Starbucks, along with Gabe's and Ashley Furniture, the center enjoys a strong tenant mix including national retailers such as Walmart, Target, Dick's Sporting Goods, BJ's Wholesale Club, Best Buy, Old Navy, Guitar Center, PetSmart, DSW, and more. The property features 749 parking spaces and is served by Nashville Electric Service. Property taxes are $0.94 per square foot. The zoning is Commercial, and the APN is 02600012300. This prime retail location offers exceptional visibility and access within a thriving Nashville submarket.

    Property Features for 2156 Gallatin Pike

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    172,078 SF
    Class
    A
    Total Rate
    430195

    Building Details

    Year Built/Renovated
    1986/2015
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    1,250 SF
    Size
    1,250 SF
    Rate per SF
    $30
    Space
    1,500 SF
    Size
    1,500 SF
    Rate per SF
    $30
    Space
    1,250 SF
    Size
    1,250 SF
    Rate per SF
    $30
    Space
    1,750 SF
    Size
    1,750 SF
    Rate per SF
    $30
    Space
    2,750 SF
    Size
    2,750 SF
    Rate per SF
    $30
    Space
    2,800 SF
    Size
    2,800 SF
    Rate per SF
    $30
    Space
    6000 SF
    Size
    6,000 SF
    Rate per SF
    $30

    HighLights

    • Join Sprouts Farmers Market, Starbucks, and Tropical Smoothie Cafe in Nashville's thriving retail market.
    • 172,078 SF regional shopping center anchored by Sprouts, Starbucks, Gabe's, Ashley Furniture, and DSW.
    • Over 57,000 ADT.
    • Excellent co‑tenancy with Super Walmart, Target, Dick's Sporting Goods, BJ's Wholesale Club, Best Buy, Old Navy, Guitar Center, PetSmart, DSW, and Gabe's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Power centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.6915262
    Latitude
    36.3057444

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    FAQs

    What type of property is this?
    Power center - Nashville Shopping Center - Prime Location
    Where is this power center located?
    The property is located at 2156 Gallatin Pike Nashville, TN.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Join Sprouts Farmers Market, Starbucks, and Tropical Smoothie Cafe in Nashville's thriving retail market.; 172,078 SF regional shopping center anchored by Sprouts, Starbucks, Gabe's, Ashley Furniture, and DSW.; Over 57,000 ADT.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2156 Gallatin Pike Nashville, TN 37115
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