1004 Gallatin Ave 2 400 pi² Commerce de détail Immeuble Nashville, TN 37206 2 177 550 $ CAD (907,31 $ CAD/pi²) 5,48% Taux de capitalisation

EXECUTIVE SUMMARY: This offering presents a rare opportunity to acquire a single-tenant net-leased retail investment on the Gallatin Avenue corridor in Nashville, TN. The + 2,400 SF freestanding building with a + 3,500 SF outdoor patio sits on a + 9,148 SF (0.21 AC) infill parcel and is 100% leased to Buffalo Exchange, a national resale-apparel retailer, under a corporate-guaranteed NNN lease. With five (5) years remaining on the primary term, in a low vacancy submarket, this asset offers a durable, low-management income stream backed by a national credit tenant who sought out this location in a rapidly growing and appreciating area.
ABOUT THE TENANT: Founded in 1974 in Tucson, Arizona, by Kerstin and Spencer Block, Buffalo Exchange pioneered the resale fashion industry, buying, selling and trading clothing and accessories for over 50 years. The company operates more than 40 stores nationally, remains privately held and family-run, with Kerstin's daughter, Rebecca Block, continuing to run the company as CEO. The buy-sell-trade model sources inventory locally, so each store reflects its neighborhood's fashion and culture, driving loyal, largely Gen Z/millennial foot traffic.