3708 Gallatin Pike — Sale in Nashville, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Nashville, TN 37216

Description

Former fast-food restaurant with drive-thru available for sale on one of East Nashville's most trafficked retail corridors. The ±2,564 SF freestanding building sits on a ±1.09-acre lot with 51 parking spaces, over 200 feet of frontage along Gallatin Pike, and four total points of ingress/egress — two off Gallatin Pike and two off McChesney Avenue. Pylon signage is available. Zoned MUL-A.

Market Context

This retail in Nashville, TN is listed for sale. It has been on the market for 141 days. Compare it against other retail listings for sale in Nashville, TN — view the full market.

As of Q1 2026, the Nashville retail market showed an 18.2% vacancy rate, average asking rents near $33.84/SF/yr, rents up 2.7% year over year, and cap rates around 6.2%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Nashville?
About 6.2% as of Q1 2026, per multiple brokerage reports.
Is the Nashville retail market tightening or softening?
Vacancy is around 18.2%, with asking rents rising year over year (Q1 2026).

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