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1205-1213 Louisville Hwy 14,340 SF 100% Leased Retail Building Goodlettsville, TN 37072 $950,000 ($66.25/SF) 7.85% Cap Rate

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INVESTMENT HIGHLIGHTS

7.50%+ 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

FOR SALE - 1205-1213 Louisville Hwy, Goodlettsville, TN 37072-3631

PROPERTY FACTS

Sale Type

Investment

Sale Conditions

1031 Exchange

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

14,340 SF

Building Class

C

Year Built

1960

Price

$950,000

Price Per SF

$66.25

Cap Rate

7.85%

NOI

$74,575

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Loading Docks

1 Exterior

Building FAR

0.19

Lot Size

1.76 AC

Zoning

Commercial - Commercial

Parking

30 Spaces (2.14 Spaces per 1,000 SF Leased)

Frontage

281’ on Highway 31 Hwy

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PROPERTY TAXES

Parcel Number	121-157.00	Improvements Assessment	$146,360
Land Assessment	$36,400	Total Assessment	$182,760

PROPERTY TAXES

Parcel Number

121-157.00

Land Assessment

$36,400

Improvements Assessment

$146,360

Total Assessment

$182,760

(561) 221-0900 x238

CONTACT

Jack Miller
Gelt Financial, Llc

Listing ID: 32173703
Date on Market: 6/18/2024
Last Updated:
Address: 1205-1213 Louisville Hwy, Goodlettsville, TN 37072

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1205-1213 Louisville Hwy, Goodlettsville, TN for sale Building Photo- Image 1 of 14 — Building Photo

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1205-1213 Louisville Hwy, Goodlettsville, TN for sale Building Photo- Image 5 of 14 — Building Photo

1205-1213 Louisville Hwy, Goodlettsville, TN for sale Building Photo- Image 6 of 14 — Building Photo

1205-1213 Louisville Hwy, Goodlettsville, TN for sale Building Photo- Image 7 of 14 — Building Photo

1205-1213 Louisville Hwy, Goodlettsville, TN for sale Building Photo- Image 8 of 14 — Building Photo

1205-1213 Louisville Hwy, Goodlettsville, TN for sale Building Photo- Image 9 of 14 — Building Photo

1205-1213 Louisville Hwy, Goodlettsville, TN for sale Building Photo- Image 10 of 14 — Building Photo

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