SOLDRetail
Matthews Real Estate Investment Services Sells Retail Property In Nashville, TN For $8.4M
6700 Charlotte Pike
$8,400,000
$788/SF
Building Size
10,656 SF
Asset Type
Retail
Closing
Sep 12, 2022
About this deal
AI
The retail property located at 6700 Charlotte Pike in Nashville, TN has been sold for a total price of $8,400,000. The property spans 10,656 square feet, resulting in a price per square foot of $788.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $8,400,000
- Address: 6700 Charlotte Pike, Nashville, TN
- Market: Nashville, TN
- Brokers: Hutt Cooke & Clay Smith - Matthews Real Estate Investment Services
- Square Footage: 10,656
- Price per Square Foot: $788
The deal was facilitated by Hutt Cooke & Clay Smith from Matthews Real Estate Investment Services.
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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93