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615 850 2711 Vickie.Saito@Colliers.Com 6Th Ave N | Nashville, TN 16th Ave2 N | Nashville,1 TN2 37208 VICKIE SAITO 615 850 2711 [email protected] Smart. Creative. Transforming. ONE-OF-A-KIND SALE OR LEASE OPPORTUNITY 12 in the Heart of Nashville’s Historic GERMANTOWN Neighborhood 12 1212 6TH AVE N | NASHVILLE, TN 37208 COMMUNICATION DISCLAIMER All communication, inquiries and requests should be addressed to the Colliers This Offering Memorandum is provided for the sole purpose of allowing a potential investor to International team, as exclusive representatives of the Seller. Management and evaluate whether there is interest in proceeding with further discussions regarding a possible Owner at the property should not be contacted directly. purchase of or investment in the subject property (the “Property”). The potential investor is urged to perform its own examination and inspection of the Property and information relating to same and shall rely solely on such examination and investigation and not on this Brochure or any materials, statements or information contained herein or otherwise PROPERTY TOURS provided. Neither Colliers International, nor any of its partners, directors, officers, employees Interested investors are requested to schedule a time to meet with the Colliers and brokers (“Brokers”), many any representations or warranties, whether express or implied, International team to tour the asset and discuss the merits of the offering. by operation of law or otherwise, with respect to this Offering Memorandum or the Property or any materials, statements (including financial statements and projections) or information contained herein or relating thereto, or as to the accuracy or completeness of such materials, Please contact Vickie Saito below with any questions. statements or information, or as to the condition, quality or fitness of the Property, or assumes any responsibility with respect thereto. Such materials, statements and information have in many circumstances been obtained from outside sources and have not been tested or verified. Projections, in particular, are based on various assumptions and subjective determinations as to which no guaranty or assurance can be given. This Offering Memorandum is provided subject to errors, omissions, prior sale or lease, change of price or terms and other changes to the materials, statements and information contained herein or relating to the Property, and is subject to withdrawal, all without notice. The contents hereof are confidential and are not to be reproduced or distributed to any person or entity without the prior written consent of Brokers or used for any purpose other than initial evaluation as indicated above. VICKIE SAITO Colliers International Senior Vice President 615 3rd Avenue S | Suite 500 +1 615 850 2711 Nashville, TN 37210 [email protected] +1 615 850 2700 The Opportunity Colliers International Nashville is pleased to offer this extraordinary multi-use facility for sale or lease in the heart of Historic Germantown. Completely renovated with high-end finishes, upgraded systems, and contemporary furnishings, this flexible 5,474 SF building plus a 523 SF storage structure sits on a landscaped double lot and includes 16 on-site parking spaces! The .36 acre site is zoned MUN, Mixed Use Neighborhood, allowing for office, retail, residential and hospitality uses, with the rare opportunity to expand existing facility and/or develop additional free-standing structure. Located within 1 mile of downtown with direct views of the State Capitol and Nashville skyline, this urban site in highly sought-after neighborhood is within easy walking distance to an abundance of dining, retail, and entertainment options in all directions! COLLIERS NASHVILLE Highlights PROPERTY 1212 GERMANTOWN USES Currently used as office and corporate meeting/event space ADDRESS 1212 6th Avenue North ZONING MUN zoning allows for multiple mixed use/residential/commercial Nashville, TN 37208 LOCATION Excellent location in Historic Germantown; immediately adjacent to The ACRES .36 Acre Germantown Inn with convenient ingress/egress access to interstate and TAX MAP 082-09-0-277.00 major corridors PARKING 16 on-site spaces and plentiful street parking PROPERTY TAX (2017) $13,746.95 LEASE RATE $35.00/SF, including most furnishings SALES PRICE Contact Broker for pricing guidance 12 12 Overview ADDRESS 1212 6th Avenue South 12 Nashville, Davidson County, TN 37208 SUBMARKET Sulphur Dell/Germantown BUILDING TYPE 3 story wood framed structure with brick veneer 12 YEAR BUILT 1999 BUILDING AREA ±5,474 square feet The main building includes 3 conference rooms, open office, a 20+ foot high ceiling open event studio with overhead garage door, computer room, two kitchens, 3 bathrooms/1 with shower, 2 covered porches, hardwood and concrete floors A detached shed structure serves as ancillary storage space TOTAL SITE AREA 15,682 SQUARE FEET (.36 ACRE); ±85 feet frontage on 6th Avenue North POTENTIAL USES Office | Event Space | Special Use Facility | Residential AMENITIES Property is being offered furnished Comcast Internet (with backup); primary bandwidth; dedicated fiber Firewall hardware; IT server room with rack/cabinet; secure wireless access points; alarm system 2020 8-foot metal and wood privacy fencing IMPROVEMENTS All new landscaping in side garden and street frontage New roofs on both structures; new windows on front & garden side walls of main structure New 18’ x 18’ deck off Loft Area Demographics Within a 1-mile radius 80% Population Growth 2010 - 2020 8,240 Households 2020 1,673 Total Businesses 2020 16th Ave2 N | Nashville,1 TN2 37208 290 Total Retail Trade 2020 146 Total Restaurants 2020 Property Images COLLIERS NASHVILLE Building Layout 12 LEVEL 1 12 COLLIERS NASHVILLE Building Layout 12 LEVEL 2 12 COLLIERS NASHVILLE 28 8 13 DINING 7 1 Sedona Taphouse 20 9 2 The Goat Germantown 1212 6TH AVE N 3 Tailor Nashville NASHVILLE, TN 17 5 4 Saint Stephen 4 3 5 312 Pizza Company 18 2 6 City House 16 30 19 27 10 3 31 7 Henrietta Red 5 2 6 5 8 Vui’s Kitchen 4 1 7 6 9 Waldo’s Chicken and Beer 1 9 15 14 8 10 14 12 10 Jack Brown’s Beer and Burger Joint 32 11 29 11 Geist Bar + Restaurant 13 11 12 Germantown Cafe 16 13 Silo 33 14 Monell’s 14 15 Germantown Pub 1 2 15 16 Rolf and Daughters 13 17 5th & Taylor 18 Samurai Sushi & Korean Pub 3 19 Veggie Village 17 12 20 Butchertown Hall 7 21 Jeff Ruby’s Steakhouse, Nashville 4 22 417 Union 23 Skull’s Rainbow Room 8 24 Puckett’s Grocery 25 Frothy Monkey 9 26 Rodizio Grill The Brazillian Steakhouse 11 27 Barista Parlor 6 12 28 Bearded Irs Brewing 29 Red Bicycle Coffee & Crêpes 21 30 Steadfast Coffee 31 Steamboys 10 22 23 32 Tempered Café 25 26 33 Von Elrod’s Beer Hall & Kitchen 24 ENTERTAINMENT Retail 1 Tennessee State Museum 11 Nashville Public Square Park 1 Bits & Pieces Antique Boutique 11 The Cupcake Collection AMENITIES First Tennessee Park Bicentennial Park Alexis + Bolt Batch Nashville 2 12 2 12 GERMANTOWN | TENNESSEE 3 Nashville Farmers’ Market 13 Bicentennial Capitol Mall 3 Ashlinicole Fashion & More 13 Overton Arts 4 Riverfront Park 14 Bicentennial Carillon 4 Abednego 14 Pieces Boutique 5 Topgolf 15 Brooklyn Bowl Nashville 5 White Dresses Boutque 6 Nissan Stadium 6 Shop Mayker 16 Music City Hit-Makers 7 Nash Trash Tours 7 Henri Rose 17 Hunk O Manie 8 Tennessee Map Plaza 8 Handmade Studio TN 9 Musicians Hall of Fame and Museum 9 Priscilla’s Plants Inc 10 War Memorial Auditorium 10 Christie Cookie Co. COLLIERS NASHVILLE Germantown Neighborhood Rich with history and full of character, the Germantown neighborhood overflows with sophistication and charm. Listed on the National Register of Historic Places, Germantown is one of the oldest communities in Nashville. The area includes architectural treasures dating back to the mid-1800s, mixed with new and vibrant structures. Brick sidewalks adorned with greenery and landscape add to the area’s allure, as well as the availability of ample street parking. The district is a diversified and creative community filled with upscale eateries featuring award-winning chefs and locally owned boutique shops. Over 25 restaurants, including local gems Rolf and Daughters, 5th and Taylor, Monell’s, Silo, The Goat, and Sedona Taphouse, are within walking distance from any point in Germantown. High-end retail includes Bits & Pieces Antique Boutique, Henri Rose, Abednego, Alexis & Bolt, and White Dresses Boutique. Steps away from First Tennessee Park, home of the Nashville Sounds, new adaptive re-use from the Ponce City Market creators, and new creative office developments, Germantown is truly an 18-hour community. Germantown experiences a great deal of tourism throughout the year as local attractions Bicentennial Capitol Mall State Park, Tennessee State Museum, Cumberland River Greenways network, and Nashville Farmers’ Market are next to the neighborhood. During the Fall season, Germantown is host to one of Nashville’s longest running and more popular events, Oktoberfest, which attracts thousands year over year. Entertainment venues Top Golf and Nissan Stadium are right across the Cumberland River, soon connected via Pedestrian Bridge. Convenient ingress/egress access to the interstates adds to the neighborhood’s appeal. Nashville’s booming downtown district is within direct proximity to the community and minutes away from the new Amazon Center of Excellence. COLLIERS | NASHVILLE Neighborhood Culture TENNESSEE STATE LIBRARY & ARCHIVES The anticipated 165,000 square foot facility is now under construction on Bicentennial Mall at the intersection of 5th and 6th Avenues North and Jefferson Street. The $123.8 million state-of the-art project will include a climate-controlled chamber for storing historic books and manuscripts as well as a robotic retrieval system. Additionally, the building will house classrooms for teaching students and meeting space for training archivists and librarians. Project completion date is slated for fall 2021. TENNESSEE STATE MUSEUM Located at the northwest corner at Bicentennial Capitol Mall State Park at the intersection of Rosa Parks Boulevard and Jefferson Street, the Tennessee State Museum opened in it’s new $160 Million facility in October 2018 with more than 150,000 state artifacts.
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