Jack Miller 5612210900 x 238

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

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 (2)

PROPERTY FACTS

Sale Type

Investment

Sale Conditions

Distress Sale

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

14,340 SF

Building Class

Year Built

1960

Price

$950,000

Price Per SF

$66.25

Cap Rate

7.85%

NOI

$74,547

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

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
Slaters Creek Rd	Williamson Rd, N	1,410	2022	0.35 mi
N. OF GOODLETTSVILLE	Williamson Rd, N	1,417	2019	0.35 mi
Cartwright Cir N	Louisville Hwy, E	382	2022	0.63 mi
Cartwright Pkwy	Overlook Trl, E	464	2022	0.92 mi
I- 65	Cartwright Cir N, NE	58,658	2022	0.92 mi
NEAR DAVIDSON CO LINE	Bellar Dr, N	8,667	2019	1.09 mi
Louisville Hwy	Bellar Dr, N	9,814	2022	1.09 mi
Williamson Rd	Village Blvd, N	2,292	2022	1.10 mi
N. OF GOODLETTSVILLE	Village Blvd, N	1,829	2019	1.10 mi
Louisville Hwy	Creekside Dr, N	10,177	2016	1.27 mi