112 Gallatin Pike Nashville, TN 37115
This exceptional 3,400 square foot commercial building presents a prime opportunity in Madison, Tennessee. Located at the highly trafficked intersection of Old Hickory Boulevard and Gallatin Pike South, this property benefits from nearly 40,000 vehicles passing daily. Its strategic position near major retailers such as Kroger, Walmart, and Aldi ensures high visibility and convenient access for customers. The building features a customizable, open floor plan with no internal structural walls, maximizing space flexibility. High ceilings, ranging from 9 to 13 feet, add to the spacious feel, complemented by exposed wood rafters and concrete walls and floors, creating a unique industrial aesthetic. The space includes one bathroom with plumbing readily available for two additional fixtures. Minimal columns further enhance the open layout. The property offers approximately six or more parking spaces and features new mini-split heating and cooling systems, as well as 220V electrical service. A second drive provides the potential for adding a roll-up door and patio, expanding the property's functionality. Zoned CS, this versatile space is ideal for retail, office, or personal service businesses. The monthly lease rate is $4,533 ($16 per square foot) on a modified gross lease. This property is situated on a four-lane highway with a turning lane, ensuring excellent accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.