1005 Jim Warren Pky - Freestanding FOR SALE


Spring Hill, TN 37174
$4,241,000 USD
678-808-2762
1005 Jim Warren Pky, Spring Hill, TN for Sale
$4,241,000 USD
Freestanding - FOR SALE
1/4
null | 5.15% Cap Rate

1005 Jim Warren Pky
Spring Hill, TN 37174


OVERVIEW

AFFLUENT & GROWING NASHVILLE SUBURB | 5 MILE POP GROWTH: 276% & AVG. HOUSEHOLD INCOME: $143,277 • Spring Hill is an affluent Nashville suburb located 30 minutes south of downtown Nashville. The 5 mile population growth is 9.42% and the Average Household Income is $143,277. • The city experienced 276% population growth from 2000-2010 and as a result there were over 95 housing subdivision developments in the city within that decade. • A 2,100 AC/8 million SF General Motors Plant is located 5 miles from this Heartland Dental and employs over 5,000 people in Spring Hill. • Nashville is one of the hottest markets in the southeast with over 2 million people in the metro area. • The metro area has experienced a 7% population growth over the last 4 years and a 45% increase in home values since 2021. OUTPARCEL TO A NEW PUBLIX AND POSITIONED AT THE ENTRANCE TO A 51 ACRE MIXED USE DEVELOPMENT • This Heartland Dental is positioned as an outparcel to a new Publix and at the entrance to Towne Crossing, a 51AC mixed use development with 96,250 sq ft of commercial leasable area, along with a 120-room hotel and 334 multifamily units • Other outparcels surrounding this Heartland Dental include a Chase Bank, Starbucks, Circle K, Valvoline, and more. RAPIDLY EXPANDING RETAIL & RESIDENTIAL NODE OFF INTERSTATE 65 (83,387 VPD) • The subject property is located in a rapidly expanding development corridor off Port Royal Rd (36,482 VPD) and Interstate 65 (83,387 VPD) • Spring Hill Crossing is a few miles from this Heartland Dental, an 86AC mixed use neighborhood that includes over 1,600 residential units, 600 Hotel rooms, and 450,000 SF of commercial space. • Eastport Farms, a 44AC mixed use community is under development 1 mile south of this Heartland Dental and will include commercial, Hotel, and residential developments. • Spring Hill Commerce Center has been proposed for development 1 mile from this Heartland Dental. This large scale development will include 10 buildings with over 5.7M SF of warehouse, industrial, and logistics space. Estimated completion is 2030 and will add 5,000 new jobs to the area. • A 18.34 AC mixed use campus is under development 1 mile south of the subject property that will include 237 residential units and 89,000 SF of retail & office space. RARE 12 YEAR ABSOLUTE NNN HEARTLAND DENTAL WITH 10% RENT INCREASES • This Heartland Dental has a 12 year corporate-guaranteed absolute NNN lease with 10% rent increases in year 6, year 11, and in each of the four 5 year option periods. • There are no landlord responsibilities or expenses. • The Tenant is responsible for Roof, Structure, Parking Lot, Insurance, and Utilities. • This Heartland Dental is open and rent commenced in August 2025. HEARTLAND DENTAL | 1,800+ LOCATIONS • Heartland Dental is the largest dental support organization in the U.S., with over 1,800+ offices in 39 states and over 2,800 doctors. • In 2024, Heartland Dental opened 136 practices with plans to open over 1,130 additional locations in the future. • Heartland Dental is majority owned by KKR, the largest global investment company in the world, with over $496 billion under management.

FOR SALE DETAILS

PRICE

$4,241,000 USD

PRICE/SF

$996 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heatland Dental | Nashville MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

-

APN/PARCEL ID

027P-C-010.00

ASK ABOUT THIS PROPERTY

Don McMinnMarcus & MillichapMore Info
678-808-2762

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Don McMinnMarcus & MillichapMore Info
678-808-2762

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.