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Sprouts Farmers Market

$10,178,000

5821 Nolensville Pike, Nashville, TN 37211

Active
Last Updated: 03/03/2025

5.85

Cap Rate

595,389

NOI

Details:
Cap Rate:    5.85%
NOI:    $595,389
Building Size:    22,988 sqft
Lot Area:    2.85 acres
Year Built:    2023
Tenancy:    Single
Parking Spots:    108
Highlights:
  • New construction, single-tenant Sprouts Farmers Market, 15-year net lease located on the rapidly growing Nolensville Pike retail corridor (Nashville MSA population 2.01 million)
  • Elevated, 2.85-acre site positioned at a signalized intersection
  • Sprouts is one of the largest and fastest growing specialty natural goods grocery chains in the U.S. with over 391 stores in 23 states
  • Sprouts Farmers Market (NYSM: SFM) generated $6.8 billion total net sales in 2023
  • Landlord responsible for roof and structure
  • 178,853 residents with an average household income of $99,683 within a 5-mile radius, Sprouts is 13.3 miles to Nashville
  • Sprouts is located directly across from a Walmart Supercenter
  • Surrounding tenants; Lowe’s, Chick-fil-A, Chase Bank, Fifth Third Bank, Discount Tire, Pep Boys, Starbucks, Big Lots, Walgreen’s, Extended Stay Suites, McDonald’s, Burger King, Kroger and Dollar Tree
  • 9-miles from Nashville International Airport
Description:

Trophy single-tenant asset in tax-free Tennessee located on Nolensville Pike, one of the dominant commercial thoroughfares in Nashville.

JEFF LEFKO
jlefko@hanleyinvestment.com
PH: 949.585.7682
BRE License: #01942025

SCOTT REID
PARASELL, INC.
scott@parasellinc.com
PH: 949.942.6585
TN LIC# 264531

In Association with ParaSell, Inc.
PH: 949.942.6585
A Licensed Tennessee Broker #264531

Map:
Documents:
Title
Sprouts_NashvilleTN.pdf
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Location
Gallery