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At Home Freestanding Retail Property
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535 Pleasant Grove Rd, Mt Juliet, TN 37122

Single-tenant format with an absolute NNN lease and zero landlord responsibilities.

Property SizeContact for details
Days on Market143

Property Features for 535 Pleasant Grove Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: JLL - Dallas | Cedar Springs, Texas
Listed By: Caroline Pinkston · License #601565
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 10:00PM

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 - Dallas | Cedar Springs, Texas

Investment Insights

Based on property information with market context.

Completed in 2019 as a build-to-suit, this 89,051-square-foot freestanding retail property is fully leased to At Home Stores LLC. The asset operates under a 15-year absolute NNN lease featuring 10.8 years of remaining primary term, annual rent increases, four five-year renewal options, and a corporate guaranty. Landlord responsibilities are eliminated under the lease structure.

The property is located at 535 Pleasant Grove Road in Mt. Juliet, within The Paddocks at Mt. Juliet Shopping Center. It occupies the northwest quadrant of Interstate 40 and N Mt. Juliet Road, with reported traffic volumes of 80,000 VPD and 33,000 VPD, respectively. The shopping center includes Walmart Supercenter, Lowe’s, and Academy Sports + Outdoors. Within a five-mile radius, the area includes more than 81,000 residents and average household income exceeding $119,000. Downtown Nashville is 13 miles away.

Key Highlights

  • 89,051‑square‑foot freestanding retail building completed in 2019
  • 100% leased to At Home Stores LLC
  • 15‑year absolute NNN lease with zero landlord responsibilities

Property Analytics

Current Use

At Home Home Decor Store

Suggested Use

Top Pick Kitchen & Bath Showroom Building Supply (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

775
Businesses Nearby

Demographics for 37122, TN

64,018
Population
25,608
Households
2.5
Avg Household Size
40
Median Age
47%
College-Educated
96%
High-School Grad
111.6 sq mi
ZIP Area
574
Density / Sq Mi
$109,306
Median Household Income
$57,218
Median Earnings
$1,840
Median Rent
$451,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Single-tenant format with an absolute NNN lease and zero landlord responsibilities.
Where is this retail space located?
The property is located at 535 Pleasant Grove Rd Mt Juliet, TN.
What are key features of this property?
This property features: 89,051‑square‑foot freestanding retail building completed in 2019; 100% leased to At Home Stores LLC; 15‑year absolute NNN lease with zero landlord responsibilities
More about this property
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