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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5821 Nolensville Park Nashville, TN 37211

22,988 SF Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, single-tenant Sprouts Farmers Market in Nashville, Tennessee. The 22,988 square foot grocery store sits on a 2.85-acre site at a signalized intersection on the rapidly growing Nolensville Pike retail corridor. Boasting a 15-year net lease with five, 5-year options and rent bumps every five years, this property offers exceptional long-term stability. The tenant, Sprouts Farmers Market, is a major national grocery chain with over 390 stores and generated $6.8 billion in net sales in 2023. The property benefits from strong demographics, with 178,853 residents within a 5-mile radius boasting an average household income of $99,683. The location is strategically positioned across from a Walmart Supercenter and surrounded by other major retailers including Lowe's, Chick-fil-A, and several banks. The asking price is $11,450,000, representing a 5.20% cap rate and a NOI of $595,389. Landlord responsibilities are limited to roof and structure maintenance. The property includes 108 parking spaces and was built in 2023. This is a truly exceptional, low-maintenance, high-return investment in a prime Nashville location, just 9 miles from the Nashville International Airport.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 22,988 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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