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5821 Nolensville Pike

RealtyLink LLC Sells 22,988 Square Foot Retail Property In Nashville For $9.5M
SOLDRetail

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

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:

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.

Players

Bill Asher

Hanley Investment Group

Broker

$658.2M

vol

91 deals

Broker
JRW Realty
JRW RealtyBrokerage
CP Partners
CP PartnersBrokerage

Nashville Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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