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
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