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1500 West Main Street

Kyle Bernard Acquires Retail Portfolio In Nashville For $6.35M With Buyer's Broker Nathan Shaolian
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Kyle Bernard Acquires Retail Portfolio In Nashville For $6.35M With Buyer's Broker Nathan Shaolian

1500 West Main Street & 3813 Old Port Royal Road

$6,350,000

$1,013/SF

Building Size

6,266 SF

Asset Type

Retail

Closing

Jan 30, 2026

AI

The transaction involved a retail asset located at 1500 West Main Street & 3813 Old Port Royal Road in Nashville, TN. The property was sold for $6,350,000 and encompasses 2,540 square feet, resulting in a price per square foot of $2,500.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $6,350,000
  • Buyer: Kyle Bernard
  • Seller: Joe Kim
  • Buyer's Representative: Nathan Shaolian - Kidder Mathews
  • Date of Transaction: 01/30/2026

Nathan Shaolian, a multifamily specialist, managed the entire 1031 exchange process for a West Los Angeles multifamily owner. He successfully sold a two-property portfolio and identified and secured replacement properties efficiently. His strategy focused on prioritizing passive ownership and favorable financing terms.

Players

Nathan Shaolian

Kidder Mathews

Broker

$35.4M

vol

15 deals

Broker
Kidder Mathews
Kidder MathewsBrokerage
Joe Kim

Joe Kim

Seller

$16.8M

vol

2 deals

Seller

Lebanon 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

2.50%

Cash-on-Cash

-0.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93