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:
- 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.
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