330 Franklin Rd Brentwood, TN 37027

Property Details for 330 Franklin Rd

Year built

2005

Construction

FRAME

Lot size

1.54 lot acres

Property size

4,476 SF

Property type

Drive through restaurants

APN

094011 01300 001

APU

9401101300001

Description

Brentwood Place Shopping Center presents a compelling value-add investment opportunity in Nashville's affluent Brentwood submarket. This Class A, 318,952 square foot retail center boasts a 95% occupancy rate and features a diverse mix of national tenants including Chick-fil-A, TJ Maxx, Nordstrom Rack, HomeGoods, Total Wine, and Stock & Trade. Built in phases between 1973 and 2016 (with renovations completed in 2016), the property sits on a substantial 29.94-acre lot at 330 Franklin Rd, Brentwood, TN 37027. The center's location within Williamson County offers significant potential for value creation through mark-to-market opportunities, projected at over a 4.0% compound annual growth rate. The property benefits from its position in a high-barrier-to-entry market, within the rapidly growing Nashville MSA, known for its strong economy and high average household income exceeding $224,000. Furthermore, the existing in-place financing offers an attractive option with a 3.5% all-in interest rate and a September 2029 maturity date, structured as a fully amortizing interest-only loan. The property also presents opportunities to add a grocery store, enhancing its appeal and generating further revenue streams. This exceptional retail center represents a rare opportunity to acquire a dominant asset in one of the nation's most sought-after investment markets.