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    Madison, TN
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    Madison, TN Retail Space for Sale

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    Renovated Retail/Office Flex Building
    Updated: Nov 25, 2025
    Renovated Retail/Office Flex Building

    1717 Gallatin Pike N, Madison, TN 37115

    $5,995,000
    25,269 sqft
    Leased to Concentra, a national credit‑rated tenant, under a long‑term NNN lease for stable income.
    Opportunity for owner‑user to occupy a portion of the 16,149 SF vacant space, divisible into +/-10,000 SF and 5,000 SF, while benefiting from existing tenant income.
    Recent renovations include a new roof, HVAC units, asphalt, updated exterior, and energy‑efficient lighting.
    Located in the high‑traffic Rivergate retail central business district with 53,000 ADT.
    Significant income upside potential by leasing the vacant space at market rent.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1717 Gallatin Pike N, Madison, TN 37115

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $423K
      Annual

    • Mortgage

      $1M
      Jan 2025

    • Last Sold

      Nov 2024
      $2.52M

    • Property Type

      Neighborhood: Shopping Center, Strip Center, Enterprise Zone
      Built 1989
    View Property Analytics
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    High-Visibility Commercial Property For Sale
    High-Visibility Commercial Property For Sale

    1195 Louisville Hwy, Goodlettsville, TN 37072

    $1,900,000
    1,950 sqft 0.75 AC lot

    Commercial property with office, garage, and high traffic exposure.

    View details
    Mixed-Use Property For Sale
    Mixed-Use Property For Sale

    1202 Donelson Ave, Old Hickory, TN 37138

    $399,900
    1,740 sqft 0.16 AC lot

    Well-maintained commercial property with office and retail spaces.

    View details
    Goodlettsville Mixed-Use Development Opportunity
    Goodlettsville Mixed-Use Development Opportunity

    1332 Dickerson Road, Goodlettsville, TN 37072

    $705,000
    2,933 sqft 1.22 AC lot

    1.22-acre property with flexible development potential in Goodlettsville, TN.

    View details
    Mixed-Use Building in Old Hickory
    Mixed-Use Building in Old Hickory

    521 Old Hickory Blvd, Old Hickory, TN 37138

    $975,000
    5,543 sqft 0.27 AC lot

    Three-story commercial property with office, retail, and residential units.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime PUD-Zoned Land Opportunity
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft 2.07 AC lot

    2.07 acres of PUD-zoned land in a growing corridor.

    View details

    Madison, TN Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Madison, TN on our real estate platform. These investment opportunities span a total of 25,269 square feet of properties for sale, with an estimated market value of $5,995,000.

    Sale prices for retail space in Madison, TN start at $5,995,000, averaging $5,995,000, and reaching up to $5,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 7
    Grocery and convenience stores 1
    Storefront properties 1

    Demographics Overview

    Population 41K
    Population Growth (5Y) +2.0%
    Median Household Income $53,034
    College Educated 15.4%

    High-Yield Neighborhoods for Investment

    Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37115 $4M

    Taxes & Financing

    Tax Rate (average for all types) 3.08%
    Property Tax per SF $57.17 per SF
    Tax Rate vs County Average 0.16 pp below county avg
    Average Loan-to-Value 65.0%

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