Overview

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

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 $6.4 billion total net sales in 2022
• 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

Documents

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