Asana Partners Sells Edgehill Village Mixed-Use Property In Nashville For $50 Million
1200 Villa Place
$50,000,000
$855/SF
Building Size
58,468 SF
Asset Type
Mixed-use
Closing
Apr 18, 2025
AI
1200 Villa Place is a mixed-use property located in Nashville, TN, covering an area of 2.4 acres. The asset spans 58,468 square feet and has a sale price of $50,000,000, equating to a price per square foot of $855.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $50,000,000
- Address: 1200 Villa Place
- Market: Nashville, TN
- Acres: 2.4
- Square Footage: 58,468
- Price per Square Foot: $855
- Seller: Asana Partners
- Brokers: Brad Buchanan & Jim Hamilton - JLL
JLL Capital Markets facilitated the transaction, bringing expertise to the process of selling Edgehill Village in Nashville's Music Row district.
Players
Nashville Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93