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29777804
29777805

3502 Dickerson Pike, Nashville, TN 37207

RB
TN 349544
KW Commercial Nashville
Listed by KW Commercial Nashville
$3,350,000
106 days on market
Updated 8 days ago

3502 Dickerson Pike

Details
APN 050-00-0-088.00
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 12,156
Net Rentable (SqFt) 12,156
Units 1
Cap Rate 6.58%
NOI $214,000
Occupancy 100%
Tenancy Single
Lease Type NN+
Rent Bumps Yes
Pro-Forma Cap Rate 6.06%
Pro-Forma NOI $197,000
Price per SqFt $267
Broker Co-Op Yes
Class B
Year Built 1977
Buildings 1
Stories 2
Acreage 2.880
Zoning SP
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ceiling Height 26'
Dock High Doors 5

Industrial | 6.58% CAP | 12,156 SqFt

Marketing description

3502 Dickerson Pike presents a rare opportunity to acquire a Class B industrial flex building strategically positioned along Nashville’s rapidly expanding Dickerson Pike corridor. With premium visibility, excellent access, and a flexible configuration suitable for multiple user types, this asset is ideal for both investors and owner-users.

Situated just minutes north of Downtown Nashville along the rapidly revitalizing Dickerson Pike corridor, 3502 Dickerson Pike offers excellent regional access, visibility, and connectivity to the broader Nashville MSA.

The surrounding area is experiencing significant commercial and residential investment, including new multifamily developments, service retail, and light industrial users. This infill location allows tenants or an owner-user to serve both urban Nashville and the rapidly growing suburban submarkets to the north and east, while benefiting from strong labor pools and proximity to major logistics routes.

Nashville remains one of the most resilient and fastest-growing industrial markets in the Southeast. A combination of population growth, strong business in-migration, logistics expansion, and limited supply of modern industrial product continues to push demand and rental rates upward.

Low vacancy rates across flex/industrial product: Nashville’s industrial vacancy consistently ranks among the lowest in the region, driven by sustained tenant demand and a limited pipeline of infill flex properties. This tight environment creates stable absorption and upward pressure on rental rates.

Strong population and business growth: The metro area continues to attract new residents and companies at a rapid pace.

Expanding logistics and distribution segments: Nashville’s central location—within a day’s drive of over half the U.S. population—has made it a strategic hub for distribution centers, e-commerce operators, and service companies.

High demand for modern, well-located infill industrial properties: As the city becomes denser, infill industrial buildings near the urban core have become increasingly scarce.

The Dickerson Pike submarket benefits from a rapidly transforming corridor and increased redevelopment.

Investment highlights

  • 12,156 SF100% Leased Flex Building, Nashville, TN 37207
  • $3,250,000 ($267.36/SF)
  • $214,000 - 2025 NOI
  • 6.58% Cap Rate
  • 12,156 SF Class B structure
  • ~3,000 SF office
  • 26’ clear height in 5 drive-through bays
  • 5 drive-in doors (4 @ 13’, 1 @ 12’)
  • Large 2.88-acre lot (parking + storage)
  • Office climate controlled
  • Zoning: TBD
  • Power: TBD
  • Utilities: Water, sewer, gas, fiber
  • Ideal users: light industrial, service contractors, distribution, showroom, trade businesses
  • Downtown Nashville: ±10–12 minutes south via Dickerson Pike
  • I-65: ±5 minutes, providing direct north–south interstate access
  • Briley Parkway / SR-155: ±5 minutes, linking to I-24 and I-40
  • Nashville International Airport (BNA): ±20 minutes southeast

Listing Contacts

RB
TN 349544
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
$214,000.00
$17,833.33/mo

Valuation Metrics

0
DSCR
6.39%
Cap Rate
6.39%
ROI

Map

Zoning

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SP SpecialSpecific Plan
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Randy Brown
License
349544
Brokerage
KW Commercial
Brokerage Phone
6154253600
Title
Commercial Broker
Name
Nicole Gardner
License
334835
Brokerage
Southern Roots Properties
Brokerage Phone
615-420-7320
Title
Real Estate Broker
Brokerage Address
101 5th Avenue West
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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