708 Rivergate Pkwy Goodlettsville, TN 37072
Prepared by Suburban and Urban Real Estate Services , LLC
Investment Details
$1,700,000.00
.81 Acres (35,284 SF) corner lot
Zoned Commercial Services
Signalized Intersection 22,986 ± AADT
Adjacent to $350 million Rivergate Mall Redevelopment
Excellent Access to I-65
20 minutes from Downtown Nashville
40 Foot Signage seen from Vietnam Veterans Pkwy 77,000 ± AADT
Pad ready for construction
Property Walkover and Drone Video
Quick Service Restaurant (QSR) Developers/Franchisees
$2.5M
Average Sale Price
$1.7M property is well-positioned in this market
10.28%
Industry Growth
Projected growth through 2029
QSR sector comprises a significant portion of net lease real estate with average sale prices of $2.5 million, making $1.7M property well-positioned
QSR industry projected 10.28% growth through 2029 QSRs Projected to Grow 10% Through 2029
Healthcare Services
2M
Average Sale Price
Property well-positioned for this market
7.5%
Industry Growth
Projected growth through 2029
The site represents a viable market opportunity with specific advantages:
  • Medical offices, urgent care, or professional services are potential tenants.
  • The property benefits from high visibility and accessibility, which are crucial for healthcare facilities and professional service offices.
Healthcare facilities and professional service offices require high-visibility locations with good accessibility, making this property potentially attractive despite being a lower probability buyer category.
Banking and Financial Institutions
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Secure Location
A visible and accessible site is crucial for client trust and operational security.
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Drive-Thru Potential
Many modern financial branches require drive-thru capabilities for customer convenience.
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Client Accessibility
Proximity to dense residential areas and commercial zones ensures a steady client base.
Institutions seek strategic outparcel locations for new branch development or relocation, particularly those looking to expand into growing suburban markets like Goodlettsville.
Regional/National Retail Chain Developers
22,986
Traffic Count
Significant daily Average Annual Daily Traffic (AADT) is a major draw.
3+
Anchor Stores
Complementary to existing Target, BJ's, Sprouts retail ecosystem.
Key Attractors
Attracted by 22,986 AADT traffic count and proximity to major retailers.
Ideal for dollar stores, convenience stores, or service-oriented businesses.
Strong synergy with the existing Target, BJ's, and Sprouts ecosystem.
Local Commercial Developers/Investors
Mixed Used
Development Potential
Ideal for diverse mixed-use or smaller strip center projects.
Local commercial developers and investors want to capitalize on the broader mall redevelopment, seeking opportunities to create mixed-use spaces or smaller, specialized strip centers.
These groups are often driven by local market trends and specific community needs, offering flexible development approaches for projects that may complement the existing commercial ecosystem in unique ways. Their involvement signifies an investment in the nuanced growth of the immediate area.