Gregory Realty GP Acquires Retail Center In Bartlett For $11.1 Million From Trusts
8000 Highway 64 Bartlett
$11,100,000
$154/SF
Building Size
72,000 SF
Asset Type
Retail
Closing
Oct 20, 2026
About this deal
AI
The retail center located at 8000 Highway 64 in Bartlett, Tennessee, spans 72,000 square feet and was acquired for $11.1 million. The property is situated on 8 acres and is fully leased, featuring seven tenants, including Guitar Center and Gould’s Academy, with approximately 2,900 square feet available for lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,100,000
- Buyer: Gregory Realty GP
- Seller: Alan L. Kosten & Susan M. Kosten Living Trust; Judy Rosenblum Revocable Trust
- Brokers: Brian Califf - NAI Global; Landon Williams - Cushman & Wakefield
- Market: Bartlett, TN
Gregory Realty GP is led by Hulet Gregory, who facilitated the acquisition of this retail property from two trusts. This transaction highlights the strategic investment in a well-occupied retail asset near Wolfchase Galleria, enhancing the portfolio of the buyer.
On the Map
$11,100,000
$154/SF
Retail
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Players
Highway 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
1.43%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93