SouthStar

Shops of Gallatin

SouthStar is as passionate about relationships as we are about real estate

Shops of Gallatin

  • Location

    Gallatin, TN

  • Type

    Retail

  • Size

    62,000 SF

Overview

In the Nashville suburb of Gallatin, a 62,000-square-foot former Kmart sat empty with a listed price of $1.85 million. Although the store needed remodeling, it was located on a busy intersection and was part of a shopping center with a Kroger, which is the dominant grocer in the Nashville area. SouthStar offered $1.3 million with a quick close, and the owner agreed. After purchasing the former Kmart, SouthStar redeveloped the store for four tenants: Dollar Tree, Rugged Warehouse, Electronic Express, and World Gym. Kroger has since expanded and remodeled its store as well. The center provides strong cash flow and is now a stable, secure investment for SouthStar.