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1205-1213 Louisville Hwy

14,340 SF 100% Leased Retail Building Goodlettsville, TN 37072 $1,000,000 ($70/SF) 7.45% Cap Rate

Investment Highlights

  • 7.45%+ CAP
  • Below-market rent
  • 100% occupied
  • High visibility on busy road

Executive Summary

VALUE-ADD STRIP CENTER!
- 100% leased
- Rental growth upside
- Great location
- High visibility
Please message us for NDA

Property Facts

Sale Type
Investment
Sale Conditions
Distress Sale
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,340 SF
Building Class
C
Year Built
1960
Price
$1,000,000
Price Per SF
$70
Cap Rate
7.45%
NOI
$74,547
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.19
Land Acres
1.76 AC
Zoning
Commercial - Commercial
Parking
30 Spaces (2.14 Spaces per 1,000 SF Leased)
Frontage
281 FT on Highway 31 Hwy

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
121-157.00
Land Assessment
$20,480
Improvements Assessment
$74,480
Total Assessment
$94,960
  • Listing ID: 32173703

  • Date on Market: 6/18/2024

  • Last Updated:

  • Address: 1205-1213 Louisville Hwy, Goodlettsville, TN 37072

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