3441 Lebanon Pike - Storefront FOR SALE


Nashville, TN 37076
$8,708,496 USD
865-567-1997
3441 Lebanon Pike, Nashville, TN for Sale
$8,708,496 USD
Storefront - FOR SALE
1/8
null | 6.65% Cap Rate

3441 Lebanon Pike
Nashville, TN 37076


OVERVIEW

Market Street Retail Advisors is pleased to offer Jackson’s Courtyard, a 41,000 SF multi-tenant shopping center in the booming Nashville, TN metro area. The shopping center is being offered at an attractive $210 psf with an average base rent of $16 psf. The below market rents and low price per square foot provide an investor the rare opportunity to acquire a coveted asset class, in one the country’s hottest growth markets with plenty of room for long term value creation. All of the tenants in the center have annual escalations and only 1 of the 17 tenants have an option. The demand drivers in the submarket have continually improved with Dutch Bros, Chipotle, Whataburger, First Watch all opening new locations within the last 5 years. The high traffic counts and evolving market puts Jackson’s Courtyard in the center of a thriving trade area.

FOR SALE DETAILS

PRICE

$8,708,496 USD

PRICE/SF

$210 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jacksons Courtyard

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

560

LAND DETAILS

LAND ACRES

6 AC

LAND SF

261,360 SF

ZONING

CS

APN/PARCEL ID

086-00-0-009

ASK ABOUT THIS PROPERTY

Ben SullivanMarket Street Retail AdvisorsMore Info
865-567-1997

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Ben SullivanMarket Street Retail AdvisorsMore Info
865-567-1997

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.