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Informations principales sur l'investissement
- Positioned in a top-performing West Nashville retail corridor with exceptional visibility along Charlotte Pike
- Passive income structure supported by a true NNN lease format
- Located in a high-income, high-growth demographic zone attractive to long-term investors
- Corporate-guaranteed tenancy from a national credit retailer with a long operating history
- Surrounded by thriving national retailers within the Nashville West trade area
Résumé analytique
6399 Charlotte Pike presents a rare opportunity to acquire a stabilized single-tenant NNN investment in one of West Nashville’s most established and fast-growing commercial corridors. Positioned along Charlotte Pike with premium visibility and 125 feet of frontage, this highly trafficked location delivers both immediate recognition and long-term security for investors pursuing durable income in a supply-constrained corridor. The property is located on 0.67 acres and surrounded by one of Nashville’s most active retail nodes, less than a mile from Nashville West Shopping Center featuring Target, Marshall’s, Costco, and more than 20 additional national retailers.
The asset is secured by Advance Auto Parts, a nationally recognized automotive parts operator with nearly 5,000 U.S. stores and a corporate guarantee supported by a BBB S&P credit rating. The lease provides a strong 5-year remaining primary term with two additional 5-year renewal options, offering predictable income streams and minimal landlord responsibilities due to the NNN structure. The tenant’s extensive footprint across North America underscores their long-term stability, making this property well-suited for investors seeking a passive, management-light asset.
The surrounding West Nashville area continues to benefit from significant population growth, strong income demographics, and ongoing retail, residential, and mixed-use development. With over 131,000 residents in a 5-mile radius and an average household income surpassing $145,000, the trade area continues to perform among Nashville’s strongest suburban submarkets. Charlotte Pike’s daily traffic volume and proximity to major employers, neighborhoods, and lifestyle destinations further elevate the site’s strategic value.
This offering is ideal for investors seeking a long-term hold, including those pursuing a 1031 exchange and looking for a stable, credit-backed income stream in one of Nashville’s most desirable and high-performing retail corridors.
The asset is secured by Advance Auto Parts, a nationally recognized automotive parts operator with nearly 5,000 U.S. stores and a corporate guarantee supported by a BBB S&P credit rating. The lease provides a strong 5-year remaining primary term with two additional 5-year renewal options, offering predictable income streams and minimal landlord responsibilities due to the NNN structure. The tenant’s extensive footprint across North America underscores their long-term stability, making this property well-suited for investors seeking a passive, management-light asset.
The surrounding West Nashville area continues to benefit from significant population growth, strong income demographics, and ongoing retail, residential, and mixed-use development. With over 131,000 residents in a 5-mile radius and an average household income surpassing $145,000, the trade area continues to perform among Nashville’s strongest suburban submarkets. Charlotte Pike’s daily traffic volume and proximity to major employers, neighborhoods, and lifestyle destinations further elevate the site’s strategic value.
This offering is ideal for investors seeking a long-term hold, including those pursuing a 1031 exchange and looking for a stable, credit-backed income stream in one of Nashville’s most desirable and high-performing retail corridors.
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Immeuble de commerce
Surface de l’immeuble
650 m²
Classe d’immeuble
B
Année de construction
2006
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,24
Surface du lot
0,27 ha
Zonage
CS - Commercial Services
Stationnement
36 places (55,36 places par 1 000 m² loué)
Façade
21 m sur Charlotte Pike
Caractéristiques
- Enseigne sur pylône
- Intersection avec signalisation
- Climatisation
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 103-01-0-019 | Évaluation des aménagements | 228 799 € |
| Évaluation du terrain | 755 494 € | Évaluation totale | 984 293 € |
Taxes foncières
Numéro de parcelle
103-01-0-019
Évaluation du terrain
755 494 €
Évaluation des aménagements
228 799 €
Évaluation totale
984 293 €
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Présenté par
Advance Auto Parts | 6399 Charlotte Pike
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