1806-1808 DIVISION STREET NASHVILLE, 37203 FOR SALE APPROVED 15-STORY DEVELOPMENT OPPORTUNITY .34 ACRE SITE Music Row | Midtown

Colliers International CHAD POFF | 615 850 2707 TABLE OF

CONTENTS

Property Overview...... 3

Property Location ...... 4

Midtown & Music Row ...... 6

Property Photos & Video ...... 7

Market Overview ...... 8

Demographics...... 9

2 COLLIERS INTERNATIONAL | NASHVILLE THE OPPORTUNITY

Colliers International | Nashville is pleased to offer the opportunity to purchase a .34 acre pre-approved, high density development site located at 1806 & 1808 Division Street in Nashville, TN, in the Music Row/Midtown submarket of Nashville Tennessee. The site is currently zoned MUI-A and approved for a 15-story development by right or 20 stories with a commitment to music uses under the Music Row Vision Plan Here. Music Row is an iconic neighborhood known throughout the world; and locally, the area serves as a gateway to the Gulch, Downtown, Hillsboro Village, Vanderbilt, Belmont, and West End neighborhoods. Mixed use development is encouraged with active retail, office, multi family, and hotel uses approved under the current zoning. The site offers a high-energy urban experience in one of the most in-demand markets in the country.

PROPERTY SPECIFICATIONS PROPERTY FEATURES

1806-1808 Division Street, • .34 acre parcel approved for a 15-story development ADDRESS Nashville, TN 37203 • Approved for multi-family, hotel, office, and retail uses LOCATION Music Row / Midtown • Subdistrict 1B (Music Row Center) under the Music Row Vision Plan proposal

ACRES .34 Acre • Adjacent to ample residential, office, retail, and entertainment venues • Close proximity to Music Row, Midtown, , and ZONING MUI-A • Approximately 1-mile from the Nashville Yards development that will consist of the new SALE PRICE $4,250,000 1,000,000 square foot Amazon Headquarters

COLLIERS INTERNATIONAL | NASHVILLE 3 LOCATION

GERMAN- TOWN

EAST NASHVILLE DOWN- TOWN NORTH

MIDTOWN GULCH 1806-1808 Division Street

MUSIC CHESTNUT ROW HILL

WEDGEWOOD HOUSTON

NORTH

4 COLLIERS INTERNATIONAL | NASHVILLE 4 | Tin Roof DOWNTOWN 5 | Two Bits NASHVILLE 14 14 6 | Little Chicago Pizzeria + Grill SAINT THOMAS 17 7 | Just Love Coffee Cafe MIDTOWN HOSPITAL 8 | Tailgate Brewery 6 5 4 5 13 4 1 4 11 8 7 15 6 1806-1808 DIVISION ST 3 7 12 9 9 10 9 10 M M U 2 13 AY 3 S U W D 8 I S C E A I NU O C 2 E R S AV B T E S Q ND RE E Q U ST ST E U 3 7 A W ON 12 I A IS R R DIV E E

W MIDTOWN 6 E

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T ENTERTAINMENTDISTRICT 11 T 10 5 9 VANDERBILT 2 1 UNIVERSITY H T

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Warner Music Nashville RESIDENTIAL 12 Connect Nashville 5 SpringHill Suites by Marriott 2 Starbucks 3 4 Roundabout Plaza 1 The Adelicia 13 Akord Apartments 6 Hilton Garden Inn - Vanderbilt 3 Amerigo Italian 5 CMA Association 2 Aertson Midtown 14 18th & Church 7 Home2 Suites by Hilton - Vanderbilt 4 Tin Roof 6 Word Entertainment 3 20th & Grand 15 20th & Church 8 Embassy Suites - Vanderbilt 5 Two Bits 7 Caterpillar Financial Center 4 SkyHouse Nashville 16 University Square Condominiums 9 Virgin Hotel 6 Little Chicago Pizzeria and Grill 8 17th & Grand New Development 5 The Cadence 17 Propst Condos 10 Graduate Hotel 7 Just Love Coffee Cafe 9 18th & Chet New Development 6 Rhythm at Music Row 18 Millennium Music Row 11 The Hayes Street Hotel 8 TailGate Brewery Music Row 10 19th & Grand New Development 7 1505 Demonbreun HOTEL 12 Hyatt House Nashville - Vanderbilt 9 Five Odd Fellows Food & Drink

8 Element Music Row 1 Kimpton Aertson 13 TBD 10 The Patterson House 9 Bristol on Broadway 2 Loews Vanderbilt Hotel 14 Conrad by Hilton OFFICE MIDTOWN 10 Artisan on 18th 3 Hampton Inn Nashville/Vanderbilt DINING & ENTERTAINMENT 1 1801 West End NASHVILLE 11 The Morris Apartments 4 Hutton 1 Chipotle Mexican Grill 2 BMI AREA ATTRACTIONS

COLLIERS INTERNATIONAL | NASHVILLE 5 MIDTOWN & MUSIC ROW

SkyHouse Nashville Virgin Hotel Nashville The Adelicia

Vanderbilt University

The Slider House

6 COLLIERS INTERNATIONAL | NASHVILLE PROPERTY IMAGES & VIDEO

CLICK HERE FOR VIDEO AERIAL

COLLIERS INTERNATIONAL | NASHVILLE 7 NASHVILLE MARKET

Nashville is the leading economic center of Tennessee and a vital transportation, business and tourism center for North America. The Nashville MSA, in the state’s center, comprises 10 counties with a total population just over 1.8 million, making it the largest metropolitan area in a five state region. When it comes to satisfying and exceeding business needs and expectations, the Nashville region is a top location in America for relocating business, expanding business and start-up companies.

Nashville is consistently recognized for its pro-business environment, highly educated work force, and compelling demographics. Its energetic and growing economy and environment for doing business is encouraging corporate relocations and expansions. HCA, Bridgestone, Dollar General, CVS/Caremark, Jackson National Life, Healthways, Clarcor, Louisiana Pacific, Caterpillar Financial, Tractor Supply, and Nissan are just a few of the national and international headquarters that have chosen Nashville as a location. This environment has also earned Nashville a top position in national accolades including positions on Forbes magazine’s “Best Cities for Business & Careers” and “Best Cities for Jobs.”

Commonly known as “Music City”, Nashville is the center of the U.S. country music scene and is home to numerous artists, recording studios, and record labels, making it the largest music production center and the number one music scene in the U.S. outside of New York City. With a growing population exceeding 1.8 million people, Nashville is one of the fastest rising metropolitan areas in the country. As the city grows, its diverse workforce, unique community and Southern hospitality make Nashville a perfect location for both business ventures and residents.

“Strategically located in the heart of the Tennessee Valley, the Nashville region is where businesses thrive and the creative spirit resonates across industries and communities.” Source: Nashville Chamber of Commerce

8 COLLIERS INTERNATIONAL | NASHVILLE DEMOGRAPHICS

1806-1808 DIVISION STREET | NASHVILLE, TN

1 MILE RADIUS 3 MILE RADIUS 5 MILE RADIUS 2019 Estimated Population 20,434 124,442 228,045 2024 Estimated Population 20,659 127,149 232,927 2010 Census Population 13,529 100,300 195,557 2000 Census Population 13,424 99,597 197,261

2019 Estimated Households 8,618 57,383 102,698 2024 Projected Households 9,303 62,032 110,882 2010 Census Households 3,881 41,535 81,206 2000 Census Households 3,455 40,479 80,846

2015 Median Home Value $385,156 $394,514 $376,117

2019 Est. Average Household Income $65,691 $75,481 $83,269 2019 Est. Median Household Income $55,320 $61,086 $64,879 2019 Est. Per Capita Income $29,461 $35,687 $38,122

2019 Households by Income 2019 Est. HH Income $200,000 or More 6.5% 7.6% 8.2% 2019 Est. HH Income $150,000 to $199,999 3.9% 5.8% 6.2% 2019 Est. HH Income $125,000 to $149,999 4.2% 5.4% 5.4% 2019 Est. HH Income $100,000 to 124,000 7.4% 6.5% 6.5% 2019 Est. HH Income $75,000 to $99,999 11.8% 11.4% 11.7% 2019 Est. HH Income $50,000 to $74,999 21.1% 16.1% 16.9% 2019 Est. HH Income $35,000 to $49,999 12.4% 12.7% 13.5% 2019 Est. HH Income $25,000 to $34,999 8.5% 8.6% 8.8% 2019 Est. HH Income $15,000 to $24,999 9.2% 10.1% 9.8%

Daytime Demographics Total Businesses 5,420 13,688 21,114 Total Employees 92,538 198,458 329,857

COLLIERS INTERNATIONAL | NASHVILLE 9 CONTACT

CHAD POFF Vice President Colliers International 615.850.2707 [email protected]

COLLIERS NASHVILLE 615 THIRD Ave South | Suite 500 Nashville, TN 37210 www.colliers.com