3800 Dickerson Pike
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3800 Dickerson Pike
18,678 SF Retail Building Nashville, TN 37207 £4,063,350 (£218/SF) 5.47% Net Initial Yield
Executive Summary
For Sale – Leased Showroom on Main Highway Corner Property in Nashville TN
20,568 total SF Commercial Showroom and Warehouse Building on 1.84 Acres
- Main Building is 17,568 SF. Rear warehouse building is 3,000 SF.
Address: 3800 Dickerson Pike, Nashville, TN
Specifications:
- 20,568 SF Available on 1.84 Acres
- Prime Location in an Active Retail Corridor in Nashville
- 17,568 SF Freestanding Retail Building Retail Facility with 3 Drive-In Doors and 1 Exterior Loading Dock
- Plus a 3,000 SF Warehouse in Rear
- Former Tractor Supply Company store
- 36 Parking spaces in front (more in back)
- Loading dock platform
- 170' of frontage on Dickerson Pike
- Traffic Count: 22,915 AADT on Dickerson Pike
- Great location in a growing corridor in Nashville on high visibility corner lot.
- Convenient access to I-65 (1.1 miles to exit 92)
- Roof replaced by Tim Leeper Roofing May 2018. 20-year Warranty
- Asphalt re-sealed July 2018
- Estimated 14 foot clear height. (approx 16’9” at center peak)
- (2) New 20-ton Rheem HVAC units installed September 2017 and April 2018 New store front awning installed May 2018
- Currently leased under a 5-year term with a 5-year option to renew.
- Sale Price: $5,150,000
20,568 total SF Commercial Showroom and Warehouse Building on 1.84 Acres
- Main Building is 17,568 SF. Rear warehouse building is 3,000 SF.
Address: 3800 Dickerson Pike, Nashville, TN
Specifications:
- 20,568 SF Available on 1.84 Acres
- Prime Location in an Active Retail Corridor in Nashville
- 17,568 SF Freestanding Retail Building Retail Facility with 3 Drive-In Doors and 1 Exterior Loading Dock
- Plus a 3,000 SF Warehouse in Rear
- Former Tractor Supply Company store
- 36 Parking spaces in front (more in back)
- Loading dock platform
- 170' of frontage on Dickerson Pike
- Traffic Count: 22,915 AADT on Dickerson Pike
- Great location in a growing corridor in Nashville on high visibility corner lot.
- Convenient access to I-65 (1.1 miles to exit 92)
- Roof replaced by Tim Leeper Roofing May 2018. 20-year Warranty
- Asphalt re-sealed July 2018
- Estimated 14 foot clear height. (approx 16’9” at center peak)
- (2) New 20-ton Rheem HVAC units installed September 2017 and April 2018 New store front awning installed May 2018
- Currently leased under a 5-year term with a 5-year option to renew.
- Sale Price: $5,150,000
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
18,678 SF
Building Class
C
Year Built
1971
Price
£4,063,350
Price Per SF
£218
Net Initial Yield
5.47%
NOI
£222,224
Tenancy
Single
Number of Floors
1
Building FAR
0.23
Land Acres
1.84 AC
Zoning
CS
Parking
30 Spaces (1.46 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 041-12-0-134 | Improvements Assessment | £253,404 |
| Land Assessment | £72,618 | Total Assessment | £326,021 |
PROPERTY TAXES
Parcel Number
041-12-0-134
Land Assessment
£72,618
Improvements Assessment
£253,404
Total Assessment
£326,021
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John Cavin -
Southeast Venture LLC
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