4222 Century Farms Ter Nashville, TN 37013

Property Details for 4222 Century Farms Ter

Year built

2024

Lot size

1.61 lot acres

Property size

11,300 SF

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.

Location Insight

City

Nashville

County

Davidson

State

Tennessee

Longitude

-86.6502

Latitude

36.034