Located at
7050 Charlotte Pike, the building sits on about 3.4 acres and accommodates, among others, a Cricket shop, a Little Caesars Pizza, River Road Liquors and Mexican eatery El Sombrero.
The new owner is Cincinnati-based real estate company Last Mile Investment, according to a Davidson County Register of Deeds document.
The seller was Visalia, California-based Martin Enterprises, which paid $5.4 million for the property in 2015.
Of note, an entity affiliated with Chicago-based Monroe Investment Partners paid $14.35 million for the property in 2009, and it is unclear as to the price discrepancy. Monroe is seeking to reinvent an East Bank site with River North (read