Current Use by Public Records
- Lifestyle centers
Property Details for 4222 Century Farms Ter
- Year built
- 2024
- Lot size
- 1.61 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional Class A retail investment opportunity presents a 11,300 square foot, multi-tenant property located at 4222 Century Farms Ter, Nashville, TN 37013. The property boasts a strong tenant lineup including Panera Bread (with a double drive-thru), Xfinity, Encore Nails, and Ideal Dental, all operating under NNN leases with corporate guarantees. The 100% occupied center benefits from a 5.50% cap rate and a substantial NOI of $533,450. Built in 2024, this property sits on a 1.61-acre lot in a high-growth area, just 10 miles from downtown Nashville and 5 miles from the Nashville International Airport. The strategic location is a hard-signalized corner within the 300-acre Century Farms mixed-use development, enjoying high visibility with over 173,000 vehicles passing daily. The property benefits from its proximity to major retailers such as Tanger Outlets, and future developments including Chick-fil-A, In-N-Out Burger, and PopStroke. Further enhancing its appeal are the adjacent 1,900 upscale multifamily residential units and five upcoming hotels. Leases include 10% rent bumps every five years, and landlord responsibilities are limited to roof and structure maintenance. Tenants cover all CAM, taxes, and insurance on a pro-rata basis. Tennessee's favorable no-state-income-tax environment adds to the investment's attractiveness. This is a rare opportunity to acquire a high-performing, well-located retail asset in one of Nashville's fastest-growing areas. The asking price is $9,700,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.6502
- Latitude
- 36.034
