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New Panera-XFINITY Retail Bldg | Nashville TN 4222 Century Farms Ter

11,300 SF 100% Leased Retail Building Antioch, TN 37013 $9,700,000 ($858/SF)

Investment Highlights

  • A+ Location in the Center of 300 Acre Masterplanned Development
  • 2024 Construction. No State Income Tax in Tennessee. Rent Bumps
  • 10 Miles from Downtown Nashville | 5 Miles from Nashville International Airport
  • 100% Leased to Panera, Ideal Dental, Encore Nails & XFINITY
  • Adjacent to Chipotle, PNC Bank, Upcoming Chick-Fil-A, In-N-Out Burger and PopStroke (Tiger Woods golf concept)
  • E-Commerce Resistant Convenience Uses in one of the fastest growing areas of Nashville

Executive Summary

100% Leased, 4-Tenant Retail Building at the main retail intersection of major 300-acre mixed use development known as Century Farms.
Tenants include Panera Bread, Ideal Dental, Encore Nails and XFINITY Store by Comcast
Prototypical, Double Drive-Thru Panera location just off I-24 Exit Ramp. I-24 boasts over 173,000 VPD.
Deca Dental (dba Ideal Dental) operates 200+ locations across Florida, Georgia, North Carolina, Tennessee, Texas, Colorado, Arizona and Washington.
Comcast Cable Communications, LLC (dba Xfinity) has 600+ Xfinity retail stores in 40 states, and has an overall revenue in excess of $66 billion (2022).
NNN Leases with limited Landlord responsibilities (Roof + Structure). Tenants pay pro-rata share of all CAM, Taxes, and Insurance
The overall development is anchored by high-performing, 100% leased Tanger Outlets with 290,000sf of GLA across 70 national retail brands. Tanger Nashville opened in 2024 and is anchored by ULTA, Pottery Barn Outlet, Old Navy Outlet, Nike Factory Store, Ralph Lauren and Under Armour.
Adjacent to Nashville SC Headquarters (Nashville's Major League Soccer franchise), as well as upcoming developments by Chick-Fil-A, In-N-Out Burger, PopStroke by Tiger Woods, which are all slated to open in 2025). Other nearby retail uses in the master development include Tropical Smoothie Cafe, Shake Shack, PNC Bank, Arby's Thornton's Gas,
Directly adjacent to 1,900 upscale multifamily residential units in various stages of develpment.
Super High Growth Area, Just 10 miles from Downtown Nashville and 5 miles from Nashville International Airport. Southeast Nashville is the fastest growing section of Nashville, just behind Downtown.
No State Income Tax in Tennessee.
Adjacent to 5 Hotels which are currently in permitting.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
11,300 SF
Building Class
B
Year Built
2024
Price
$9,700,000
Price Per SF
$858
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Land Acres
1.60 AC
Zoning
C
Frontage
250 FT on Century Farms Terrace

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
174-00-0-277-00
Land Assessment
$480,915
Improvements Assessment
$0
Total Assessment
$480,915
  • Listing ID: 32722052

  • Date on Market: 8/7/2024

  • Last Updated:

  • Address: 4222 Century Farms Ter, Antioch, TN 37013

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