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Listed by Eddie Ferrell • Crye-Leike Music City
$ 2,280,000
Est. payment | /mo
4,121 SqFt
$ 2,280,000
Est. payment | /mo
4,121 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,121 sqft
Price per Sqft $553
MLS Listing ID 3500940
Year Built 1968
Lot Size 0.560 Acres
Acres 0.56
Property Sub-Type Retail
Property Description
Fully leased commercial investment opportunity along Nashville's rapidly evolving Dickerson Pike corridor. This multi-tenant property offers immediate income with three tenants currently in place, providing an attractive opportunity to acquire a stabilized asset in an area experiencing significant investment, redevelopment, and long-term growth. The diverse mix of retail, service, and commercial uses provides multiple income streams within a single property.
Tenant 1 occupies approximately 4,966 square feet with a current lease term through March 31, 2029. Tenant 2 occupies approximately 2,500 square feet with a current lease term through December 1, 2027, with renewal options. Tenant 3 occupies approximately 700 square feet with a current lease term through December 1, 2027, also with renewal options. The staggered lease structure provides an investor with existing tenancy while offering future flexibility as individual lease terms mature.
Positioned in a high-growth Nashville corridor with convenient access to Downtown, East Nashville, major transportation routes, and surrounding neighborhoods, this property combines current income with compelling long-term potential. Dickerson Pike continues to attract new development and investment, making this an opportunity to secure a fully occupied commercial asset while participating in the continued growth of the surrounding area. Please do not disturb tenants. Showings by appointment only. Financial and lease information available to qualified buyers upon request.
Tenant 1 occupies approximately 4,966 square feet with a current lease term through March 31, 2029. Tenant 2 occupies approximately 2,500 square feet with a current lease term through December 1, 2027, with renewal options. Tenant 3 occupies approximately 700 square feet with a current lease term through December 1, 2027, also with renewal options. The staggered lease structure provides an investor with existing tenancy while offering future flexibility as individual lease terms mature.
Positioned in a high-growth Nashville corridor with convenient access to Downtown, East Nashville, major transportation routes, and surrounding neighborhoods, this property combines current income with compelling long-term potential. Dickerson Pike continues to attract new development and investment, making this an opportunity to secure a fully occupied commercial asset while participating in the continued growth of the surrounding area. Please do not disturb tenants. Showings by appointment only. Financial and lease information available to qualified buyers upon request.
Location
State TN
County Davidson County
Zoning CS
Interior
Fireplace N
Others
Special Listing Condition Standard
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Shawn Wilmoth, CCIM
Agent | License ID: 354366
308 N PETERS RD. STE 225, KNOXVILLE, TN 37922, United States