708 Rivergate Pkwy · Goodlettsville, TN 37072

The market

A signalized corner across from a $450 million redevelopment, on a corridor that already pulls national retail and QSR traffic.

The Redevelopment

$450 million across the street

Merus bought the 57-acre RiverGate Mall at 1000 Rivergate Pkwy in February 2026 and plans about 700 multifamily units, 100 townhomes, 80 independent senior units and more than 130,000 SF of retail and dining, with full delivery expected in 2029 1.

The Corridor

  • BJ's Wholesale Club at 800 Rivergate Pkwy 2
  • Sprouts Farmers Market at the Shoppes at Rivergate 3
  • Target nearby
  • Chick-fil-A and a new In-N-Out Burger, now open
BJ's Wholesale Club on Rivergate Pkwy
BJ's Wholesale Club, 800 Rivergate Pkwy

Suited For

Why the corner works for each buyer type

Quick service restaurant

QSR / Drive-Thru

$2.7MWendy's average U.S. sale price, 2025 4
$2.8MMcDonald's average U.S. sale price, 2025 4
10%QSR growth projected through 2029 5

Completed QSR properties trade well above this land price. A signalized hard corner with pylon visibility is what drive-thru operators look for, and Chick-fil-A and In-N-Out are already on the corridor.

Medical office illustration

Medical / Dental

Medical office, urgent care, dental and professional services users need high visibility and easy access. This site offers both, with signalized frontage on Rivergate Pkwy and parking in place.

Bank branch

Bank / Credit Union

  • Visible, secure location that supports client trust
  • Drive-thru potential for modern branch formats
  • Client access close to dense residential and commercial areas
Retail and mixed-use illustration

Retail Pad / Convenience & Fuel

22,986 ± AADT at the signal and neighbors that already pull traffic, with new households coming across the street as the redevelopment delivers 1.

Sources

  1. REBusinessOnline, "Merus Acquires RiverGate Mall in Metro Nashville, Plans $450M Mixed-Use Redevelopment," Feb. 17, 2026. rebusinessonline.com
  2. The Shelby Report, "BJ's Third Tennessee Site Opening in Goodlettsville," Feb. 7, 2024 (800 Rivergate Pkwy). theshelbyreport.com
  3. Connect CRE, "Sprouts Opening in Madison Shopping Center" (Shoppes at Rivergate). connectcre.com
  4. Integra Realty Resources, "IRR Viewpoint: Quick Service Restaurants Report 2026," average U.S. sale prices by brand, 2025. irr.com
  5. GlobeSt, "QSRs Projected to Grow 10% Through 2029," May 7, 2024. globest.com

Site area, dimensions, zoning, traffic counts, neighbors and parking come from public records and the property owner. Traffic counts are approximate annual average daily traffic (AADT).

±0.81 AC hard corner · $1,400,000

Exclusively listed by Suburban and Urban Real Estate Services, LLC · 615-678-8792