Bellevue Place — Sale in Nashville, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Nashville, TN 37221

Description

Bellevue Place is a+/-77,099 square foot community center strategically located at the intersection of Interstate 40 and Highway 70 South, only 12 miles west of downtown Nashville. This double-barrel access provides retail customers convenient access from a vast regional trade area. As one of the busiest corridors in West Nashville, Interstate 40 and Highway 70 South boast a combined average of 101,153 vehicles per day. The center sits in the heart of the trade area directly across from a recently redeveloped regional mall (One Bellevue Place) which includes over 400,000 SF of retail, restaurant, residential and entertainment.

Market Context

This retail in Nashville, TN is listed for sale. It has been on the market for 141 days. Compare it against other retail listings for sale in Nashville, TN — view the full market.

As of Q1 2026, the Nashville retail market showed an 18.2% vacancy rate, average asking rents near $33.84/SF/yr, rents up 2.7% year over year, and cap rates around 6.2%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Nashville?
About 6.2% as of Q1 2026, per multiple brokerage reports.
Is the Nashville retail market tightening or softening?
Vacancy is around 18.2%, with asking rents rising year over year (Q1 2026).

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