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504 Collins Park Dr 6,865 SF 100% Leased Retail Building Antioch, TN 37013 $4,591,000 ($668.75/SF) 7.20% Cap Rate
Executive Summary
Collins Park Drive offers a premier opportunity to acquire a stabilized retail asset with outstanding I-24 visibility in the heart of Southeast Nashville. The 6,865-square-foot building is fully leased to a diverse and complementary mix of tenants, each with separately metered suites that support long-term operational efficiency.
ON-PREMISES DIGITAL BILLBOARD - Double-sided, full-motion digital billboard positioned directly along Interstate 24, capturing over 150,000 vehicles per day. The billboard currently supports multiple long-term advertising agreements, creating stable, recurring revenue.
Situated in one of Davidson County’s highest-growth corridors, the property benefits from 150,000+ vehicles per day and strong demographic momentum. The Southeast Nashville retail market continues to see record-high rental rates, reflecting sustained demand for quality retail space in this expanding trade area.
ON-PREMISES DIGITAL BILLBOARD - Double-sided, full-motion digital billboard positioned directly along Interstate 24, capturing over 150,000 vehicles per day. The billboard currently supports multiple long-term advertising agreements, creating stable, recurring revenue.
Situated in one of Davidson County’s highest-growth corridors, the property benefits from 150,000+ vehicles per day and strong demographic momentum. The Southeast Nashville retail market continues to see record-high rental rates, reflecting sustained demand for quality retail space in this expanding trade area.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,865 SF
Building Class
C
Year Built/Renovated
1978/2021
Price
$4,591,000
Price Per SF
$668.75
Cap Rate
7.20%
NOI
$330,524
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
2.20 AC
Zoning
CS - Commercial Zoning
Parking
140 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Number | 163-00-0-220 | Improvements Assessment | $1,044,880 |
| Land Assessment | $254,920 | Total Assessment | $1,299,800 |
Property Taxes
Parcel Number
163-00-0-220
Land Assessment
$254,920
Improvements Assessment
$1,044,880
Total Assessment
$1,299,800
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504 Collins Park Dr
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