Prudent Growth Partners Sells Granwood Village Retail Center In Old Hickory Tennessee For $4.2M
4331 Old Hickory Boulevard
$4,200,000
$94/SF
Building Size
44,698 SF
Asset Type
Retail
Closing
Jul 29, 2026
AI
The property involved in the transaction is a retail asset located at 4331 Old Hickory Boulevard in Old Hickory, Tennessee. The sale price was $4,200,000 for a total area of 44,698 square feet on 5.26 acres, resulting in a price per square foot of $94.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,200,000
- Address: 4331 Old Hickory Boulevard
- Market: Old Hickory, TN
- Acres: 5.26
- Square Footage: 44,698
- Price per Square Foot: $94
- Seller: Tom Hahn - Prudent Growth Partners LLC
This transaction involved Tom Hahn representing Prudent Growth Partners LLC, which sold Granwood Village. The firm previously acquired the property in 2021 for $3.75 million. The sale is indicative of the firm's value-add strategy in a growing Nashville market, with the Urban Air-anchored center maintaining strong occupancy.
Old Hickory 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93