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| Price $11,450,000 | Built/Renov 2023 | Tenant Sprouts Farmers Market |
| Cap Rate 5.20% | Lease Type
NN+ | Guarantor Corp Traded |
| Size/SF
22,988
| Lease Start
01-20-2023
| #Units
407
|
| Price/SF $498.09 | Expiration
01-31-2038
| Tenant Type Grocery |
| NOI $595,389 | R. Term 12.9 | Ownership Fee Simple |
| Rent/SF
$25.90
| Increases 2.0%/5/yrs | Pop 5Mi 178,853 |
| Lot/AC 2.85 | Options 5/5yrs/2% | AHHI 5Mi $99,683 |
| | |
Sprouts Farmers Market is strategically located at the signalized intersection of Nolensville Pike and Swiss Avenue, with a combined daily traffic count of 38,000 vehicles. The property is positioned in a prime location, directly opposite a Walmart Supercenter. It is surrounded by national tenants, including Lowe’s, Chick-fil-A, Chase Bank, Fifth Third Bank, Discount Tire, Pep Boys, and many...
...New construction
Hard corner intersection
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Income tax free state
Long 10+ yr lease
Favorable NN+ lease
Corporate Guarantee
Sprouts Farmers Market, Inc. is one of the largest and fastest-growing specialty retailers of fresh, natural, and organic food in the United States. The supermarket chain offers a wide...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 15,417 | 107,389 | 202,627 |
| 2023 Total Population : | 14,776 | 105,516 | 195,698 |
| 2023 Employed Civilian Pop : | 8,279 | 57,897 | 103,595 |
| 2023 Total Businesses : | 281 | 1,726 | 5,781 |
| 2023 Average Household Income : | $ 87,863 | $ 103,455 | $ 113,089 |
| 2023 Total Consumer Spending : | $ 442 M | $ 3729 M | $ 7397 M |
| 2023 Median Age : | 33 | 35 | 35 |
| 2023 Total Households : | 5,753 | 41,485 | 75,503 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,667 | 20,660 | 40,472 |
| 2023 Average Home Value : | $ 333,433 | $ 414,120 | $ 481,718 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| US 31A;US 41A | Old Nolensville Rd | 2021 | 29,293 | 0.19 mi |
| TN 254 | Nolensville Pike | 2021 | 42,036 | 0.38 mi |
| US 31A;US 41A | Ash Grove Dr | 2021 | 38,350 | 0.60 mi |
| Nolensville Pike | Ash Grove Dr | 2018 | 37,437 | 0.61 mi |
| OLD HICKORY BLVD. | Benzing Rd | 2021 | 2,670 | 0.71 mi |
| TN 254 | Thrible Springs Dr | 2021 | 44,598 | 1.19 mi |
| McMurray Dr | Mc Murray Cir | 2018 | 5,073 | 1.37 mi |
| MCMURRAY DR. | Mc Murray Cir | 2021 | 4,601 | 1.38 mi |
| Nolensville Pike | Fairlane Dr | 2003 | 35,200 | 1.54 mi |
| EDMONDSON PK. | Old Hickory Blvd | 2021 | 17,035 | 1.68 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
