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Rhodes Building 521-525 Old Hickory Blvd 5,070 SF 77% Leased Retail Building Old Hickory, TN 37138 $975,000 ($192.31/SF) 4.36% Cap Rate
Executive Summary
The Rhodes Building is a stunning structure located at 521 Old Hickory Boulevard in Tennessee. Its exterior is characterized by
beautiful brickwork and refined detailing, while its interior is sophisticated and professional. The building is not only a symbol
of architectural elegance but also serves as a hub for commerce, innovation, and community engagement. It remains a premier destination for those seeking to make their mark in the vibrant landscape of this historic town. The Building consists of three floors, including a loft and basement, totaling +/-5,543 SF, split between four commercial, two residential, and three additional storage units at the rear. Contact the Broker for more details, including photos and floorplans.
beautiful brickwork and refined detailing, while its interior is sophisticated and professional. The building is not only a symbol
of architectural elegance but also serves as a hub for commerce, innovation, and community engagement. It remains a premier destination for those seeking to make their mark in the vibrant landscape of this historic town. The Building consists of three floors, including a loft and basement, totaling +/-5,543 SF, split between four commercial, two residential, and three additional storage units at the rear. Contact the Broker for more details, including photos and floorplans.
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,070 SF
Building Class
C
Year Built
1930
Price
$975,000
Price Per SF
$192.31
Cap Rate
4.36%
NOI
$42,500
Percent Leased
77%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.43
Lot Size
0.27 AC
Zoning
CS - Intended for a wide range of commercial service related uses including low intensity manufacturing and storage facilities. Contact broker for list
Parking
12 Spaces (2.37 Spaces per 1,000 SF Leased)
Frontage
68’ on Old Hickory Blvd
Amenities
- 24 Hour Access
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 525
- 1,170 SF
- Office/Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 525 | 1,170 SF | Office/Retail | - | Now |
525
| Size |
| 1,170 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 044-11-0-010 | Improvements Assessment | $186,520 (2025) |
| Land Assessment | $38,280 (2025) | Total Assessment | $224,800 (2025) |
Property Taxes
Parcel Number
044-11-0-010
Land Assessment
$38,280 (2025)
Improvements Assessment
$186,520 (2025)
Total Assessment
$224,800 (2025)
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Rhodes Building | 521-525 Old Hickory Blvd