3502 Dickerson Pike
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
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