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Property profile & analytics
OFF-MARKET
Lifestyle centers

1905 Gallatin Pike Nashville, TN 37115

3,983 SF 0.7 ac lot Built 1995
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,983 square foot, two-tenant shopping center in Nashville, Tennessee, boasting a 6.25% cap rate and a strong net operating income (NOI) of $154,540. Located at 1905 Gallatin Pike N, in Davidson County, this fee-simple property sits on a 0.7-acre lot and features a Starbucks and an Ascension Saint Thomas Urgent Care as tenants. The property, built in 1995, benefits from a 100% occupancy rate, with Starbucks having eight years remaining on their lease and Ascension Saint Thomas Urgent Care having over four years remaining. Both leases include rent bumps and are structured as NNN (triple net) leases, minimizing management responsibilities for the investor. The tenants are backed by corporate guarantees, providing added security. The property enjoys a prime location in a high-traffic retail corridor with an average annual daily traffic count of 35,496 vehicles. Surrounding national and regional retailers include Walmart, Home Depot, Lowe's, and Hobby Lobby, further enhancing the property's visibility and appeal. This is an ideal investment for those seeking a low-management, high-return retail property in a thriving market. The property offers a compelling combination of strong tenants, a desirable location, and a favorable financial profile.

Property profile
Verified
Property type Lifestyle centers
Year built 1995
Total area 3,983 SF
Lot 0.7 ac (30,492 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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