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19535651
19535652

521 Old Hickory Blvd, Nashville, TN 37138

AB
TN 358430
KW Commercial Nashville
Listed by KW Commercial Nashville
$975,000
672 days on market
Updated 24 days ago

The Rhodes Building - Old Hickory Village

Details
APN 044-11-0-010.00
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 5,543
Net Rentable (SqFt) 5,543
Units 5
Cap Rate 4.21%
NOI $42,118
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 9.10%
Pro-Forma NOI $113,771
Price per SqFt $180
Class B
Year Built 1930
Year Renovated 2018
Buildings 1
Stories 3
Acreage 0.270
Zoning Cs: Commercial service
Parking Spaces 14 spaces
Parking Per SqFt 2.53
Investment Type Redevelopment
Tenant Credit No Credit Rating

Retail Storefront Building Ideal for Mixed-Use Redevelopment - Seller Financing Available!

Marketing description

Old Hickory, Tennessee, embodies the serene charm of a small town steeped in history. Nestled along the Cumberland River, it exudes a rustic allure with its tree-lined streets and quaint neighborhoods. Named after President Andrew Jackson, affectionately known as "Old Hickory," the town echoes his legacy of resilience and strength. Its close-knit community fosters a sense of belonging, where neighbors greet each other with warmth. Amidst its picturesque landscapes, remnants of its industrial past stand tall, paying homage to its manufacturing heritage. From its scenic parks to its historic landmarks, Old Hickory exudes a timeless appeal, inviting visitors to experience its rich tapestry of culture and tradition. Old Hickory, Tennessee, offers a delightful array of attractions and activities for visitors to enjoy. History enthusiasts can explore Andrew Jackson's Hermitage, the former home of the seventh U.S. president, or marvel at the engineering marvel of the Old Hickory Lock and Dam. Outdoor lovers can indulge in recreational pursuits along the picturesque Cumberland River, from fishing and boating to hiking along scenic trails. The town also boasts charming parks, local eateries serving up Southern cuisine, and quaint shops showcasing local art and crafts. With its blend of historical landmarks and natural beauty, Old Hickory promises an unforgettable experience for all.

Listing Contacts

AB
TN 358430
KW Commercial Nashville
Listed by KW Commercial Nashville

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$42,118.00
$3,509.83/mo

Valuation Metrics

0
DSCR
4.32%
Cap Rate
4.32%
ROI

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