Industrial · Hermitage, Tennessee
Central Pike Business Center
Central Pike Business Center is financed with a $7.7M CMBS loan at 7.015% that reaches maturity on December 6, 2029, in 3 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,700,000
- Original balance (same notes)
- $7,700,000
- Interest rate
- 7.015% fixed
- Originated
- November 12, 2024
- Maturity
- December 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 5, 2029
- Master servicer
- Berkadia
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3640-3670 Central Pike, Hermitage, TN 37076
- Metro
- Nashville-Davidson--Murfreesboro--Franklin, TN
- Built
- 1988
- Largest tenants
- Chim Chimney; Iron Strength; Rolling Suds Franchise, LLC
- Value at securitization
- $14.6M (Sep 2024)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.69x | n/a |
| Occupancy | 97% | n/a |
| Net operating income | $926K | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2024-5C31 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- The filing gives Feb 2026 as the lease end date for the largest tenant (Chim Chimney), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.7M | Current | No | n/a | n/a |
| August 2026 | $7.7M | Current | No | n/a | n/a |
| July 2026 | $7.7M | Current | No | n/a | n/a |
| June 2026 | $7.7M | Current | No | n/a | n/a |
| May 2026 | $7.7M | Current | No | n/a | n/a |
| April 2026 | $7.7M | Current | No | 1.57x | n/a |
| March 2026 | $7.7M | Current | No | 1.79x | 100% |
| February 2026 | $7.7M | Current | No | 1.79x | 100% |
| January 2026 | $7.7M | Current | No | 1.79x | 100% |
| December 2025 | $7.7M | Current | No | 1.79x | 100% |
| November 2025 | $7.7M | Current | No | 1.79x | 100% |
| October 2025 | $7.7M | Current | No | 1.79x | 100% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2024-5C31 | 30 | $7,700,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Nashville-Davidson--Murfreesboro--Franklin loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cummins Station | Nashville, TN | Office | $135.0M | 7.155% | Jun 2029 | 1.69x | 83% | Current |
| Rivertop Scenic Apartments | Nashville, TN | Multifamily | $31.4M | 3.30% | Nov 2029 | 3.02x | 94% | Current |
| 150 2nd Avenue North | Nashville, TN | Mixed use | $24.5M | 7.53% | May 2029 | 1.50x | 93% | Current |
| Marketplace at Smyrna | Smyrna, TN | Retail | $18.7M | 5.09% | Jan 2029 | 1.80x | 100% | Current |
| Hilton Brentwood Nashville | Brentwood, TN | Hotel | $18.3M | 7.63% | Dec 2029 | 1.92x | 69% | Current |
| Field Haven Apartments | Portland, TN | Multifamily | $13.8M | 6.85% | Sep 2029 | 1.29x | 88% | Current |
| Courtyard By Marriott Mt. Juliet | Mount Juliet, TN | Hotel | $12.8M | 3.95% | Oct 2029 | 2.00x | 72% | Current |
| Hampton Inn & Suites Mt. Juliet | Mount Juliet, TN | Hotel | $12.1M | 4.08% | Oct 2029 | 1.75x | 70% | Current |
All loans maturing in 2029 · All Nashville-Davidson--Murfreesboro--Franklin loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.