FOR SALE1 9 0 5 -1 9 0 7 G A LL AT I N P I K E N , M A D I S O N , T N 3 7 1 1 5

Woody W. Widenhofer Vice President615 850 2795 woody.widenhofer@colliers.com

Colliers International | Nashville 615 3rd Avenue S, Suite 500

Nashville, TN 37210615 850 2700

colliers.com/nashville

P. 2 : 1905-1907 GALLATIN PIKE NORTH

INVESTMENT HIGHLIGHTSTwo Strong Credit Tenants:• Starbucks, the most recognized international coffee

brand with more than 27,000 retail stores, serving

70 countries and revenues in excess of $22B in

2017..

• Urgent Team, a regional medical group with over 40

Urgent Care and Walk-In Clinics, serving Alabama,

Arkansas, Mississippi, and Tennessee.

Strategically Positioned: Located across from Rivergate Mall in one of Nashville’s

regional retail trade areas, comprised of 10.7M square

feet of retail space and total expenditures in excess of

$2.28B within a 5-mile radius.

Great Exposure:Visible from the main retail corridor, Gallatin Pike, with

traffic counts of 35,892 vehicles per day (TDOT).

Rental Increases:Both tenants have contracted rental increases in place.

Triple Nets:Both tenants pay their proportionate share of operating

expenses.

PROPERTY OVERVIEW

Center GLA 4,078

Physical Occupancy 100%

Year Built 1995

Parcel Size 0.70 acres (162’ x 257’)

In-Place NOI $144,540

Tax ID Number 034-02-0-106.00

Offering Price $2,312,640

Cap Rate 6.25%

1905-1907 GALLATIN PIKE NORTH : P. 3

SITE PLAN

P. 4 : 1905-1907 GALLATIN PIKE NORTH

PROPERTY AERIAL