Justin Albright Of OakPoint Real Estate Acquires Retail Space In Nashville For $6.9M
2222 12th Avenue South
$6,900,000
Building Size
—
Asset Type
Retail
Closing
Oct 26, 2026
About this deal
AI
The property at 2222 12th Avenue South is a three-story retail building located in the Nashville, TN market. It sits on a 0.3-acre lot and includes various tenants, adding to its investment potential. The sale price for the asset was $6,900,000.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $6,900,000
- Buyer: Justin Albright - OakPoint Real Estate
- Seller: Pope Sing Partners
- Broker: John Toomey - JT Commercial Real Estate
John Toomey represented both the buyer and the seller in this off-market deal. Oak Point Real Estate, based in Nashville, acquired the property from California's Pope Sing Partners, adding to its portfolio of retail assets. The tenants include Form Wellness and Grace Loves Lace.
On the Map
$6,900,000
Retail
View full map
Players
Avenue Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Tennessee retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93