708 Rivergate Pkwy

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708 Rivergate Pkwy

Goodlettsville, TN 37072
Asking Price
$1.40M
Asset Type
Retail
Class
Class B

What's Special

708 Rivergate Pkwy is situated in the primary retail corridor of Goodlettsville, Tennessee, approximately 15 miles north of downtown Nashville. The property resides within an established commercial district characterized by high-volume shopping centers and national big-box retailers. It is located near the intersection of Rivergate Parkway and Gallatin Pike, providing immediate access to Interstate 65. The surrounding neighborhood features a high density of dining options, service-based businesses, and the Rivergate Mall, ensuring steady consumer traffic from both local residents and regional commuters. The location is suited for diverse retail applications, including corporate flagship stores, showrooms, or high-traffic service providers. Given the area's commercial zoning and visibility, the asset is positioned for tenants looking to capitalize on established retail synergy and heavy vehicle counts. Typical tenant profiles include national franchise retailers, specialized medical clinics, or restaurant groups seeking proximity to major transportation arteries. The building’s layout supports flexible configurations necessary for high-volume consumer interaction and efficient inventory management within a competitive suburban trade area.

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

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