Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    401 S Mt Juliet Rd Mt Juliet, TN

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Premier shopping destination in Mt. Juliet, Tennessee, near Nashville.

    Type:RETAIL
    Property size:
    35,320 SF
    Lot size:
    69.53 Acres
    Added:
    Aug 22, 2025
    Days on Market:
    230
    Last Refresh:
    Apr 5 at 9:32 pm

    Property Features for 401 S Mt Juliet Rd

    General Information

    Standard status
    Active
    Size
    35,320 SF
    Lot size
    69.53 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 401 S Mt Juliet Rd Contact us

    We can help!

    Listing Contact
    Harris McCullough
    Harris McCullough

    Listing agent Harris McCullough

    Listing office JLL | Nashville

    Listing date Aug 22, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of JLL | Nashville

    Overview

    Regional Power Center Space Available

    Providence Marketplace is a 632,559 square foot regional power center situated in Mt. Juliet, Tennessee, a suburb experiencing rapid growth approximately 20 miles east of Nashville. Located along Interstate 40, this shopping and entertainment destination features a diverse mix of local and national retailers. The available property offers 35,320 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Panera Bread Cafe & Coffee Shop Staples Print & Marketing ... (Bike/Boat/Book/etc) Store Yankee Candle Industrial Manufacturer American Jewelry Co. (Bike/Boat/Book/etc) Store Men's Wearhouse Clothing & Fashion Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Armour Nail Salon — Adams Ln, Mt. Juliet, TN 37122
    • Joann Fabrics — 401 s mt juliet rd, mt. juliet, tn 37122
    • Providence commons — S Mt Juliet Rd, Mt. Juliet, TN 37122
    • Coinstar Kiosk | Bitcoin ATM — Kroger - Nashville, 401 S Mt Juliet Rd, Mt. Juliet, TN 37122
    • Providence Marketplace — 401 S Mt Juliet Rd, Mt. Juliet, TN 37122

    Location Insight

    • Map
    • Local Demand
    City
    Mt Juliet
    County
    Wilson
    State
    Tennessee
    Longitude
    -86.5126
    Latitude
    36.1777

    Nearby Similar for Lease

    • Contact for pricing

      Restaurant Space in North Mt. Juliet

      Former restaurant space with patio in high-growth area.
      12910 Lebanon Rd, Mt. Juliet, TN 37122
      View Details
    • Contact for pricing

      Mt. Juliet Warehouse Space

      80,500 sq ft warehouse space available for lease.
      230 Mundy Memorial Drive, Mt. Juliet, TN, 37122
      View Details
    • Contact for pricing

      Mt. Juliet Warehouse Space

      166,400 square foot warehouse space available for lease.
      549 Aldi Blvd, Mt Juliet, TN
      View Details
    • Contact for pricing

      Industrial Space Available Q4 2024

      40,000 SF industrial space available Q4 2024 in Mt. Juliet.
      601 Maddox Rd, Mt. Juliet, TN
      View Details
    • Contact for pricing

      Medical Office Building Near I-40

      51,000 SF medical office building near Providence Marketplace.
      5002 Crossings Cir, Mt. Juliet, TN 37122
      View Details
    • Contact for pricing

      Office Space for Lease

      Office space available for lease in Mt. Juliet, Tennessee.
      40 W Caldwell St, Mt. Juliet, TN 37122
      View Details

    FAQs

    What type of property is this?
    Shopping center - Premier shopping destination in Mt. Juliet, Tennessee, near Nashville.
    Where is this shopping center located?
    The property is located at 401 S Mt Juliet Rd Mt Juliet, TN.
    What are key features of this property?
    This property features: Premier shopping & entertainment destination between Nashville & Knoxville.; Located in Mt. Juliet, a rapidly growing suburb of Nashville.; 632,559 SF regional power center.
    (615) 928-5300 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Harris McCullough
    Harris McCullough
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!