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Shopping Strip

Harbor Freight and NAPA Auto Parts Strip Center | Tennessee - Tax Free State | NNN Leases

420 W Main St, Gallatin (Nashville MSA), TN 37066

Listing Price: $2,875,000

Cap Rate
8.90%
Gross SF
24,594
Rentable SF
24,594
Price/Gross SF
$116.90
Lot Size
2.17 acres
Year Built
1980

Investment Overview

Located in the heart of Sumner County, Gallatin, Tennessee offers the perfect blend of small-town charm and growing suburban appeal. Just 30 miles northeast of downtown Nashville, Gallatin benefits from proximity to one of the fastest-growing metropolitan areas in the country while maintaining its own identity as a vibrant, self-sustaining community. With a population of over 50,000 and steady growth year over year, Gallatin is increasingly attractive to families, professionals, and retirees seeking a high quality of life, affordable housing, and a strong sense of community.

The city is anchored by a diverse and resilient local economy, supported by industries such as advanced manufacturing, healthcare, distribution, and technology. Major employers in the area include Servpro Industries, Beretta USA, and Sumner Regional Medical Center, contributing to a stable employment base and consistent economic expansion. Gallatin’s business-friendly environment, including low tax rates and accessible infrastructure, continues to attract commercial investment and entrepreneurial activity.

Residents and visitors alike enjoy a wide range of amenities, including parks, golf courses, a scenic lakeside setting at Old Hickory Lake, and a revitalized downtown district filled with boutiques, eateries, and local events. Gallatin’s historic square serves as a cultural hub for seasonal festivals, art walks, and live music, reinforcing the city’s reputation as a lively and welcoming destination.

With ongoing residential and commercial development, high visibility along key traffic corridors, and strong demographic trends, Gallatin presents a compelling opportunity for businesses and investors alike. Whether serving the local community or drawing in customers from the greater Nashville area, this is a market that continues to rise in both prominence and potential.

Investment Highlights

  • 100% Occupied 2-Tenant Strip with Synergistic Mix of National Tenants on NNN Leases. Features 10% Rental Increases throughout the Initial Term and Options. Priced Below Replacement Cost.
  • Positioned Along Area's Traffic and Retail Corridor: Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 25k Vehicles.
  • The Site benefits from proximity to one of the fastest-growing metropolitan areas in the country - Gallatin's population has surged over 25% in the last decade.
  • Harbor Freight Operates 1,600+ locations Nationwide with over $8B in Annual Revenue and a Ba3 Moody's Rating. Genuine Parts Co., NAPA's Parent, earns $23.49B Annually and holds a BBB Investment-Grade Rating from S&P.
  • Gallatin frequently ranks among the top "Best Cities to Live" in Tennessee due to its affordability, public safety, public schools, and overall quality of life for families and professionals.
  • Near Sumner with Ascension Saint Thomas - a 167-bed acute care hospital offering comprehensive services including emergency care, cardiology, surgery, and advanced imaging.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Retail & Housing Developments / Under Construction.
  • Strong Daytime Employment Area - Surrounded by Numerous Established Distribution Centers, Industrial & Manufacturing Plants. Large Base of Employees w/in Walking Distance or a Short Drive.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Shopping Strip

Harbor Freight and NAPA Auto Parts Strip Center | Tennessee - Tax Free State | NNN Leases

Listing Price: $2,875,000

Cap Rate
8.90%
Gross SF
24,594
Rentable SF
24,594
Price/Gross SF
$116.90
Lot Size
2.17 acres
Year Built
1980

Investment Highlights

  • 100% Occupied 2-Tenant Strip with Synergistic Mix of National Tenants on NNN Leases. Features 10% Rental Increases throughout the Initial Term and Options. Priced Below Replacement Cost.
  • Positioned Along Area's Traffic and Retail Corridor: Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 25k Vehicles.
  • The Site benefits from proximity to one of the fastest-growing metropolitan areas in the country - Gallatin's population has surged over 25% in the last decade.
  • Harbor Freight Operates 1,600+ locations Nationwide with over $8B in Annual Revenue and a Ba3 Moody's Rating. Genuine Parts Co., NAPA's Parent, earns $23.49B Annually and holds a BBB Investment-Grade Rating from S&P.
  • Gallatin frequently ranks among the top "Best Cities to Live" in Tennessee due to its affordability, public safety, public schools, and overall quality of life for families and professionals.
  • Near Sumner with Ascension Saint Thomas - a 167-bed acute care hospital offering comprehensive services including emergency care, cardiology, surgery, and advanced imaging.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Retail & Housing Developments / Under Construction.
  • Strong Daytime Employment Area - Surrounded by Numerous Established Distribution Centers, Industrial & Manufacturing Plants. Large Base of Employees w/in Walking Distance or a Short Drive.

Investment Overview

Located in the heart of Sumner County, Gallatin, Tennessee offers the perfect blend of small-town charm and growing suburban appeal. Just 30 miles northeast of downtown Nashville, Gallatin benefits from proximity to one of the fastest-growing metropolitan areas in the country while maintaining its own identity as a vibrant, self-sustaining community. With a population of over 50,000 and steady growth year over year, Gallatin is increasingly attractive to families, professionals, and retirees seeking a high quality of life, affordable housing, and a strong sense of community. The city is anchored by a diverse and resilient local economy, supported by industries such as advanced manufacturing, healthcare, distribution, and technology. Major employers in the area include Servpro Industries, Beretta USA, and Sumner Regional Medical Center, contributing to a stable employment base and consistent economic expansion. Gallatin’s business-friendly environment, including low tax rates and accessible infrastructure, continues to attract commercial investment and entrepreneurial activity. Residents and visitors alike enjoy a wide range of amenities, including parks, golf courses, a scenic lakeside setting at Old Hickory Lake, and a revitalized downtown district filled with boutiques, eateries, and local events. Gallatin’s historic square serves as a cultural hub for seasonal festivals, art walks, and live music, reinforcing the city’s reputation as a lively and welcoming destination. With ongoing residential and commercial development, high visibility along key traffic corridors, and strong demographic trends, Gallatin presents a compelling opportunity for businesses and investors alike. Whether serving the local community or drawing in customers from the greater Nashville area, this is a market that continues to rise in both prominence and potential.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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