3715 Hillsboro Pike

3715 Hillsboro Pike, Nashville, TN 37215

Property Information

  • For Sale $15,667,476
  • Property Type Retail
  • Property Size 9,618 SF
  • Lot Size 0.38 Acre
  • Cap Rate % 5.35
  • Year Built 2022
  • Date Updated Jan 23, 2025

Description

• Absolute NNN Lease – This property is an absolute NNN lease with zero landlord responsibilities

• 20 Year Lease – CVS just recently signed a new 20-year lease after relocating from across the street

• Proven Performance – CVS relocated from across the street after operating their for over 20 years

• Corporate Guaranty – Lease is corporately guaranteed by CVS which holds an investment grade credit rating of BBB

• Green Hills Mall – This property is situated outside the Green Hills mall which has over 1,000,000 SF of retail and sees over 5,000,000 annual visitors

• Affluent Demographic – The Green Hills area serves as the main retail corridor for Nashville wealthiest residents with an average household income in a 5-mile radius over $140,000

• Luxurious Tenant Mix – The surrounding area is known for its upscale brands and boutiques

• Hard Signalized Corner – This CVS benefits from sitting at a hard signalized intersection

• Additional Square Footage – The city of Nashville will be moving Crestmoor Rd south towards the intersection with Glen Echo Rd giving you additional square footage of the lot

• Heavy Traffic Counts – Hillsboro Pike see over 30,000 VPD

• Strong Population Growth – The 5-mile radius is see an annual population growth north of 2%

Contacts

Hutt Cooke

Matthews Real Estate Investment Services

Beryl Grant

Matthews Real Estate Investment Services

Clay Smith

Matthews Real Estate Investment Services

Location

Located at 3715 Hillsboro Pike, Nashville, TN 37215, this property is part of the Green Hills neighborhood and Nashville market.

Contact 3715 Hillsboro Pike
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