2225 Gallatin Pike N
Madison, TN 37115
Retail Property For Sale

Marcus & Millichap is pleased to present the exclusive listing for The Vitamin Shoppe located in Madison, Tennessee. Built in 1998, this site consists of approximately 6,400 square feet of building space and is situated on 0.26 acres of land. This Vitamin Shoppe has approximately 8.27 years remaining on its recent and early extended 10-year lease term with one (1) 5-year renewal option. The base rent is $128,000 with a 15% rental escalation in 2022 and in the option term to hedge against inflation. Less than 10 miles away from Nashville, TN, this Vitamin Shoppe is located along Gallatin Pike N, a heavily traveled thoroughfare that sees over 35,900 vehicles per day (VPD) and boasts high visibility with multiple ingress-egress points. Positioned in the primary and premiere retail corridor, this Vitamin Shoppe is in proximity of the RiverGate Mall (anchored by Macy’s and JCPenney), Target, Walmart Supercenter, Best Buy, Dicks’ Sporting Goods, and much more. The immediate PetSmart and IHOP contribute consumer foot-traffic towards this Vitamin Shoppe. Vitamin Shoppe is highly visible and offers multiple points of ingress and egress to both traffic patterns along Gallatin Pike. Local demographics support over 104,068 residents within a five-mile radius and with an average household income in excess of $65,349. Vitamin Shoppe’s early execution of a new 10-year corporately guaranteed lease demonstrates a strong commitment to and proven success at this location.