Whispering Pines Shopping Center

Whispering Pines Shopping Center

Whispering Pines is a 107,786 SF shopping center located in Manchester TN, just outside of Nashville. The shopping center is a second generation center, originally constructed for Walmart and Food Lion. Walmart relocated about 3 miles away into a supercenter, and the Food Lion closed.

When purchased, the center was 30% vacant, and had tenants such as Family Dollar, Hibbett Sports, Auto Zone and A Plus Rentals.

The center was purchased for $5,465,000 which was a 9% cap rate on NOI of $487,266.

Immediately upon closing, we began to negotiate with Tractor Supply to occupy 20,000 SF of vacant space. In order to accommodate Tractor Supply, we had to relocate two additional tenants, and make the following improvements to the center:


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