Retail · Goodlettsville, Tennessee
Music City Shopping Center
Music City Shopping Center is financed with a $6.7M CMBS loan at 3.983% that reaches maturity on January 11, 2030, in 3 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,738,908
- Original balance (same notes)
- $7,373,000
- Interest rate
- 3.983% fixed
- Originated
- December 20, 2019
- Maturity
- January 11, 2030
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- October 10, 2029
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 900 Conference Drive, Goodlettsville, TN 37072
- Metro
- Nashville-Davidson--Murfreesboro--Franklin, TN
- Rentable area
- 78,105 sq ft
- Built
- 1983, renovated 2016
- Largest tenants
- Planet Fitness; CHEFS MARKET CAFE; AREGIS TAEKWONDO
- Value at securitization
- $10.1M (Aug 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.77x | 1.66x |
| Occupancy | 96% | 88% |
| Net operating income (annualized from 6 months) | $747K | $705K |
| Debt yield | 10.5% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BANK 2020-BNK26 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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
- Occupancy has fallen from 96% when the loan was securitized to 88%.
- Net operating income is 6% below the underwritten figure ($705K a year against $747K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.77x at securitization to 1.66x on the latest statements.
- The filing gives Apr 2028 as the lease end date for the largest tenant (Planet Fitness), 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 | $6.7M | Current | No | 1.66x | 88% |
| August 2026 | $6.8M | Current | No | 1.88x | 88% |
| July 2026 | $6.8M | Current | No | 1.88x | 88% |
| June 2026 | $6.8M | Current | No | 1.88x | 88% |
| May 2026 | $6.8M | Current | No | 1.83x | 88% |
| April 2026 | $6.8M | Current | No | 1.83x | 88% |
| March 2026 | $6.8M | Current | No | 1.87x | 87% |
| February 2026 | $2.5M | Current | No | n/a | n/a |
| January 2026 | $6.8M | Current | No | 1.87x | 87% |
| December 2025 | $6.8M | Current | No | 1.87x | 87% |
| November 2025 | $6.9M | Current | No | 1.87x | 87% |
| October 2025 | $6.9M | Current | No | 2.01x | 88% |
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 |
|---|---|---|---|---|
| BANK 2020-BNK26 | 42 | $6,738,908 | Sep 2026 | SEC filing, October 1, 2026 |
Other Nashville-Davidson--Murfreesboro--Franklin loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| JW Marriott Nashville | Nashville, TN | Hotel | $185.0M | 3.139% | Mar 2030 | 5.35x | 82% | Current |
| Radius Nashville | Nashville, TN | Office | $78.0M | 8.052% | Apr 2030 | n/a | n/a | Current |
| Courtyard Murfreesboro | Murfreesboro, TN | Hotel | $12.0M | 5.679% | Dec 2030 | n/a | n/a | Current |
| Oaks Business Center | Nashville, TN | Office | $11.4M | 7.20% | May 2030 | 1.74x | 100% | Current |
| Fairfield Inn & Suites - Nashville Airport | Nashville, TN | Hotel | $9.8M | 3.911% | Feb 2030 | 1.47x | 61% | Current |
| StorPlace Cool Springs | Brentwood, TN | Self storage | $7.4M | 3.966% | Jan 2030 | n/a | n/a | Current |
| Fairfield Inn & Suites Lebanon | Lebanon, TN | Hotel | $7.2M | 4.23% | Jan 2030 | 2.65x | 78% | Current |
| StorPlace Hendersonville | Hendersonville, TN | Self storage | $6.9M | 3.966% | Jan 2030 | n/a | n/a | Current |
All loans maturing in 2030 · 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.