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Concentra Urgent Care NNN Multi-tenant

1717 Gallatin Pike N · Nashville, TN 37115 · Urgent Care

Asking price
—
Cap rate
7.20%
NOI (derived)
$431,640

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Lease

Lease typeNNN
Term remaining5.0 yrs
Expiration10/2030
Rent bumps—
Options5 Year
Ground lease—
Credit profileCredit Rated
TenancyMulti

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Property

Building SF25,269
Price / SF$237
Year built1989
Lot size1.57 ac
TypeShopping Center
Days on market262

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Investment highlights

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    National Credit Rated NNN Urgent Care.

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    *New roof, asphalt, HVACs (6), added windows, new metal awnings.

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    Owner-occupy vacant space and offset expenses with lease income.

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    Huge income upside leasing the vacant spaces.

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    53,000 ADT & 50,000 employees in a 5 mile radius.

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    Central business district with national and regional amenities.

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    End-cap standalone with high visibility.

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    New multifamily developments & only 20 miles from DT Nashville.

Property overview

Listed by PCG Commercial TN Lic.265971

Adrian Del Rio TN Lic.​ 371574

(615)626-6426

adelrio@pcgcommercial.​com

1717 Gallatin Pike N is a renovated standalone Retail / Office Flex building located in the the Rivergate central business district just 20 minutes from Downtown Nashville.​ This is an incredible opportunity to own a commercial building leased NNN to Concentra, a national credit rated health services tenant, within one of the strongest growing MSA's in the country for only $237 PSF!

The property was recently renovated with a new roof, (6) new HVAC units, newly laid asphalt updated exterior brick, modern metal awning covers, added larger windows for more natural lighting, and energy efficient exterior lighting.​ 1717 Gallatin Pike N features 50 allocated on parcel parking

There is 16,149 SF of vacant warm shell wet sprinklered space with 4 bathrooms that can be demised into +/-10,000 SF and 5,000 SF with an estimated market rent of $1.65 - 1.75 PSF NNN.​ The vacant suites are ideal for an owner-user business that would prefer to own vs.​ rent plus collect monthly NNN income to offset expenses.​ Furthermore, TI expenses will be reasonable since major capex has already been completed by the seller.​

*ABOUT CONCENTRA URGENT CARE: Has leased at the property since the 90s and recent lease extension commenced in 2020 ending October 2030 with an additional (1) - 5 year extension option.​ CAM expenses are fully reconciled at the end of each year.​

Occupied SF: 9,120 SF

Lease Rate: $1.68 PSF + NNNs

Monthly: $15.390

Annual: $184,680

National Credit Rated medical tenant that specializes in occupational medicine and workforce health such as physical therapy, employer drug testing, and wellness.​ They treat 50,000 patients per day in more than 625 occupational health centers across 44 states.​ Sources indicate that Concentra's annual revenue is $2.01 Billion with a Net Revenue of $148 Million.​ They're headquartered in Addison, TX.​

*About the Location

1717 N Gallatin Pike N is a renovated end-cap standalone building located in the Rivergate station market at one of the most highly trafficked intersections (Gallatin Pike & Myatt) in the Nashville MSA.​ The 4-way light controlled intersection culminates into +/-53,000 Average Daily Traffic (ADT) counts, plus the property is easily accessible with both right or left turns (ingress & egress) into the parking lot.​ The front parcels along Gallatin Pike feature Dutch Bros, Whattaburger, and Olive Garden.​

1717 Gallatin Pike N is in the epicenter of the Rivergate retail central business district.​ This incredible area boast every retailer or QSR imaginable from Target, Walmart, TJ Maxx, Hobby Lobby, Burlington Coat Factory, Home Depot, DDS, Dick's Sporting Goods, Petco, In N Out (under construction), Chic-Fila, Krispy Kreme, Chilis, Longhorn Steakhouse, McDonalds, Arby's along with a plethora of local restaurants and daily essential services.​

Furthermore, the direct area behind the subject property is a large Amazon fulfillment center along with owner-user industrial factories and fabrication businesses.​

Only 20 minutes from Downtown Nashville, the Rivergate area functions as its own standalone business market with a population of 42,000 within a 3 mile radius, 82,000 people within a 5 mile radius with 50,000 employees.​ It's close proximity to both Nashville and the I65 corridor make this area ideal for employees commuting into the MSA as well for businesses distributing into the surrounding region.​

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.