facebook
Traded Co logo
Submit
Daily limit: 0/10

GBT Realty Corp Acquires Brentwood Corners Retail Center From CenterSquare Investment Management For $10.4M

Property Image
SOLD
$10,400,000

Tennessee

See Similar Deals
Retail22,268 SF
Sold 10/21/2025
the dealdetailscomps
Property Image
SOLD

GBT Realty Corp Acquires Brentwood Corners Retail Center From CenterSquare Investment Management For $10.4M

214 Ward Circle

See Similar Deals
Retail22,268 SF
Sold 10/21/2025
the dealdetailscomps

Summary

TENNESSEE
Asset Type:Retail
Price Per Square Foot:$467
Total Square Footage:22,268 SF
Transaction Type:Sale

The property involved in this transaction is a retail center located at 214 Ward Circle in Brentwood, Tennessee. It has a sale price of $10,400,000 and encompasses a total area of 22,268 square feet, resulting in a price per square foot of $467. The property is fully leased and underwent renovations in 2023, hosting tenants such as Serrato’s Steakhouse and Iron Tribe Fitness.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $10,400,000
  • Square Footage: 22,268
  • Price per Square Foot: $467
  • Buyer: GBT Realty Corp
  • Seller: CenterSquare Investment Management

The deal was executed with GBT Realty Corp acquiring the property from CenterSquare Investment Management, further solidifying their portfolio in the Brentwood market. The transaction reflects ongoing investment interest in retail assets featuring established tenants.

Players

GBT Realty Corp
GBT Realty Corp
BUYER
CenterSquare Investment Management
CenterSquare Investment Management
SELLER

Details

SOLD
IMAGE: 10/21/2025 ADDRESS: 214 Ward Circle MARKET: Brentwood, TN ASSET TYPE: Retail BUYER: GBT Realty Corp SELLER: CenterSquare Investment Management SALE PRICE: $10,400,000 SF: 22,268 ~ PPSF: $467 NOTE: CenterSquare sold the 22,268-square-foot Brentwood Corners retail center in Brentwood, Tennessee, to GBT Realty Corp. for $10.4 million. The fully leased property, renovated in 2023, features tenants such as Serrato’s Steakhouse and Iron Tribe Fitness.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$554,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$36,949.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,301.31
Annual Debt Service$591,615.67