Hendon Properties Sells Retail Property In Goodlettsville, TN For $8.1M
1000 Rivergate Parkway Goodlettsville, Tennessee37072, USA
$8,100,000
$126/SF
Building Size
64,106 SF
Asset Type
Retail
Closing
Apr 26, 2023
AI
The retail property located at 1000 Rivergate Pkwy in Goodlettsville, TN has been sold for a total price of $8,100,000. The property spans across an area of 64,106 square feet, resulting in a price per square foot of $126. The transaction took place on 04/26/2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $8,100,000
- Address: 1000 Rivergate Pkwy, Goodlettsville, TN
- Market: Goodlettsville, TN
- Seller: Hendon Properties
- Brokers: John Tennant & Bryan Belk - Franklin Street
- Square Footage: 64,106
- Price Per Square Foot: $126
The sale of this retail property was facilitated by the brokers John Tennant and Bryan Belk from Franklin Street. They represented the seller, Hendon Properties, in this transaction.
Players
Goodlettsville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.96%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93