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Property profile & analytics
OFF-MARKET
Power centers

2156 Gallatin Pike Nashville, TN 37115

172,078 SF 17.7 ac lot Built 1986
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Power centers
Year built 1986
Total area 172,078 SF
Lot 17.7 ac (771,012 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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