RealtyLink LLC Sells 22,988 Square Foot Retail Property In Nashville For $9.5M
5821 Nolensville Pike
$9,500,000
$413/SF
Building Size
22,988 SF
Asset Type
Retail
Closing
Jul 16, 2025
About this deal
AI
A 22,988-square-foot retail property located at 5821 Nolensville Pike in Nashville, TN, was sold for $9,500,000. The property is leased to Sprouts Farmers Market, featuring multiple renewal options and scheduled rent increases.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,500,000
- Square Footage: 22,988
- Sale Price per Square Foot: $413
- Seller: RealtyLink LLC
- Buyer's Representative: Chris Thompson - JRW Realty
- Seller's Representatives: Jeff Lefko & Bill Asher - Hanley Investment Group; Joe Caccamo & Lea Kuehnhackl - CP Partners
The transaction involved a Los Angeles investor as the buyer. The brokers facilitating the deal were Hanley Investment Group and CP Partners, representing the seller in this transaction.
On the Map
$9,500,000
$413/SF
Retail
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Players
Nashville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93