6399 Charlotte Pike Nashville, TN 37209

Property Details for 6399 Charlotte Pike

Year built

2006

Lot size

0.67 lot acres

Property size

7,280 SF

Zone code

CS

Property type

Strip malls

Property subtype

Neighborhood centers

APN

103-01-0-019-00

APU

10301001900

Description

This exceptional 7,000 square foot retail property, located at 6399 Charlotte Pike in Nashville, Tennessee, presents a compelling investment opportunity. Built in 1929 and situated on a 0.67-acre lot, the property boasts a highly visible location along a major thoroughfare in the desirable West Nashville submarket. The property is zoned CS and includes 36 parking spaces, ensuring ample convenience for customers. Currently operating under a single-tenant NNN lease with a remaining term of five years, the property generates a substantial net operating income (NOI) of $202,446.48. This makes it an attractive prospect for investors seeking strong, consistent cash flow. The lease structure offers a straightforward and low-maintenance investment, minimizing operational responsibilities. The property's location within a thriving retail area of Nashville, coupled with its substantial size and strong NOI, positions it as an ideal long-term hold, particularly for those considering a 1031 exchange. The 5-year lease term provides stability and predictable income, while the property's prime location and ample parking ensure continued tenant success and high occupancy rates. This is a rare opportunity to acquire a well-established retail property in one of Nashville's most sought-after areas.

Location Insight

City

Nashville

County

Davidson

State

Tennessee

Longitude

-86.8725

Latitude

36.144

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments