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Nashville Development Opportunity Fantastic Urban Infill Location NASHVILLE DEVELOPMENT OPPORTUNITY FANTASTIC URBAN INFILL LOCATION 5.3 ACRE ASSEMBLAGE Nashville, Tennessee www.nashvilleassemblage.com 2 / NASHVILLE ASSEMBLAGE NASHVILLE ASSEMBLAGE / 3 CONTENTS Executive Summary.............................................6 Property Location ............................................. 17 Bo Fulk Economic Overview ........................................... 22 +1 615 928 5307 [email protected] Nashville Real Estate Markets ............................ 26 Nashville Regional Profile ................................. 34 Mark Lindenbaum +1 404 995 2181 [email protected] DISCLAIMER many circumstances been obtained from outside sources, and have not been tested This Offering Memorandum is provided for or verified. Projections, in particular, the sole purpose of allowing a potential are based on various assumptions and investor to evaluate whether there subjective determinations as to which no is interest in proceeding with further guaranty or assurance can be given. discussions regarding a possible purchase of or investment in the subject property Without limiting the foregoing, in the (the “Property”). event this Offering Memorandum contains information relating to asbestos or any The potential investor is urged to perform other hazardous, toxic or dangerous its own examination and inspection of chemical, item, waste or substance the Property and information relating (“Hazardous Materials”) in relation to the to same, and shall rely solely on such Property, such information shall in no way examination and investigation and not be construed as creating any warranties on this Offering Memorandum or any or representations, expressed or implied, materials, statements or information by operation of law or otherwise, by contained herein or otherwise provided. Agents or the Owner, as to the existence Neither Jones Lang LaSalle, nor any of its or nonexistence or nature of Hazardous partners, directors, officers, employees Materials in, under, on or around the and agents (“Agents”), make any Property. representations or warranties, whether expressed or implied, by operation of This Offering Memorandum is provided law or otherwise, with respect to this subject to errors, omissions, prior sale or Offering Memorandum or the Property lease, change of price or terms and other or any materials, statements (including changes to the materials, statements financial statements and projections) and information contained herein or or information contained herein or relating to the Property, and is subject relating thereto, or as to the accuracy to withdrawal, all without notice. The or completeness of such materials, contents hereof are confidential and are statements or information, or as to not to be reproduced or distributed to any the condition, quality or fitness of the person or entity without the prior written Property, or assumes any responsibility consent of Agents or used for any purpose with respect thereto. Such materials, other than initial evaluation as indicated statements and information have in above. 4 / NASHVILLE ASSEMBLAGE NASHVILLE ASSEMBLAGE / 5 INTRODUCTION This offering outlines the opportunity to develop The Property, a 5.3-acre (230,355 s.f.) assemblage in FANTASTIC URBAN INFILL LOCATION. Nashville, Tennessee, USA. Located adjacent to Nissan Stadium and directly across the Cumberland River Exceptional access with unobstructed from Nashville’s dynamic downtown, the site is primed for infill development of retail, entertainment, residential, hotel and office uses. This offering represents a rare opportunity to control the most strategic views in all directions. development site in central Nashville. MUSIC CITY CENTER COUNTRY FIRST MUSIC HALL TENNESSEE ASCEND OF FAME PARK NISSAN BRIDGESTONE AMPHITHEATER STADIUM ARENA PEDESTRIAN BRIDGE GULCH TENNESSEE STATE CAPITOL SOBRO DOWNTOWN WOODLAND ST BRIDGE THE PROPERTY JAMES ROBERTSON PKWY BRIDGE I-24 Burchwood To Hartman Park Spain A ve Piedmont Marshall St Litton Ave via Youngs Ln, ve Delmas A Old Buena Vista Rd, Pullen A Marsden Ave Stokers Ln Luton St ve Chickasaw Scott A ve F Gatewood A ve airwin A Delmas A ve ve ve Otay St To Shelby 24 ve Carolyn A Ann St Riverside Dr ve ve Bottoms ve Cahal A ve ve Community Greenway ay 65 ve ve Center Marie St Jones A Gallatin Pike via Rosebank Ave Meridian St McClurkan A Dickerson Pike South Cahal A Northview A F Lucile St Montgomery A ve ern A ennington A ve Crockett St Inga St ve Inglewood ennock A Athens W P Eastmoreland St P Stainback A Branch St Lischey A Ave Park Strouse A MetroCenter Ligon ve Nashville Chester Douglas A ve Auto Diesel Douglas A ve College Straightway A ve P ve ay Richardson A Douglas A ve ve Vantage W Douglas/ Evanston A N 7th St Emmett ve ve 65 Evanston A Greenwood Carter St N 14th St Buena Greenwood A Cleveland Cleveland Sharpe A ve Campbell St Vista Laurent ve Roberts A Carter A Vernon W Park ve ve N 2nd St Park Joseph A Vaughn St infrey Sharpe A Stockell St Community Granada Ave ve Greenwood Center Cleveland St Petway A Dominican Dr ve Benjamin St Chapel A Rosebank A orter Rd ve Seymour A Benjamin St P Waters A Cowan St N 6th St ve ve ve Sumner Ave ve Delta A Germantown N 9th St Chicamauga A ve ve Tillman Ln ve Franklin A 4th A N 14th St ve 10th A Hancock St Meridian St Cleveland St 11th A Lischey A Scott A ve N 5th St ve N N 3rd St ve 24 Eastland A Gentry A 12th A Buchanan St Grace St ve ve N ve 5th A ve ve N 1st A Community ve ve Stratton A ve Center errin A ve N Morgan Mansfield St ve N ve N Calvin A Eastwood Berry St Marina Neill A N 9th St ve Myrtle A Park Hart A Garfield St McF Mc Ewen A 2nd A McFerrin ve Barclay Dr 3rd A Marina St Buchanan St Treutlan St Park Gallatin A ve N N 16th St Rosa L P Community Ordway Pl Arthur A Hume St ve N Center N 12th St Gartland A 9th A ve Smiley N 17th St ve Foster St N 8th St Five N 14th St Skyview Dr ve N Greenwood Forrest Ave East arks Blvd aylor St Germantown Points Riverside Dr Wheless St T Woodland St Ramsey St Nashville 6th A 7th A Spring St Brittany Dr ve N Main St Cockrill St Madison Shelby ve N Holly St Cheatham Pl oodland St Golf Course Fortland Dr 14th W S 13th St Russell St Underwood 6 / NASHVILLE ASSEMBLAGE NASHVILLE ASSEMBLAGE / 7 S 15th St S 16th St Monroe St Russell St ve Scovel St Fatherland A Knowles EXECUTIVE SUMMARY INVESTMENT HIGHLIGHTS East ve Bicentennial • STRATEGIC ASSEMBLAGE of 9 separate land parcels totaling 5.3 acres Lillian St • Exceptional PEDESTRIAN AND VEHICULAR ACCESSP ark Fatherland A Jefferson St 9th A • Exceptional HIGHWAY VISIBILITY and ROAD FRONTAGE State Park • Prominent CBD LOCATION WALKABLE to Downtown/Broadway, SoBro, and Germantown Heiman 3rd A N 1st St • Existing Entitlements allow for OVER 1M SQUARE FEET OF NEW DEVELOPMENT Boscobel St S 10th St S 11th St Farmers’ • Nashville boasts TREMENDOUS QUALITY OF LIFE, LOW COST OF LIVING AND A VIBRANT 10th A ve N wy BUSINESS CLIMATE Boscobel St k • IN-PLACE REVENUE ideal for project phasing Shelby A 12th A 11th A Market ve N n P o • Recently announced light rail corridor presents TRANSIT ORIENTED DEVELOPMENT ve ve Community rts S 17th St Morrison St be opportunity S 18th St Ro S 19th St 14th A Center ve N es THE Interstate Dr m The Property assemblage includes Shelby A Ja PROPERTY PROPERTY ASSEMBLAGE - ZONED MUI (MIXED-USE INTENSIVE) ve N ve N P S 2nd several occupied buildings and Kirkpatrick St Property Size (acres) Size (SF) S 1st St contiguous parking lots. Short- Long A Main term and negotiable tenant leases 200-222 Main Street 2.26 98,318 ve ve N S 4th provideSt cash flow and flexibility 201 Woodland Street 1.52 66,396 Park for future development. Interested 225 Woodland Street .25 11,012 S 12th St S 15th St St Russell St S 13th St 100 Interstate Drive 0.40 17,474 S 14th St Harrison St parties executing a Confidentiality Community 110 Interstate Drive 0.85 37,155 Eastside A Fisk oodland St Agreement will be granted access to ve obe W all available due diligence materials. S 7thCenter St R rt TOTAL 5.3 230,355 Sevier St so Sylvan St University n Electric A s ve Shelby e S 20th St m P Fisk Village Ct Bottoms 40 a Capitol T Nissan S 6th St Shelby Nature Woodland Street i J t Jackson a Sevier St n Stadium Center 2nd A Park Greenway s 222 Hill 110 Interstate Drive Woodland 201 Woodland Street 16th A 65 W Street 2 ve nd a Street ve N y Dew St Herman St S 1st St S 5th St Vinny Links 100 Interstate Drive Interstate Drive Printers Victory Ave S 2nd St 200 - 222 Main Street Glenview Dr Golf Course To Percy Priest ve N CharlotteDeaderick A Union St St Lenore St Clinton St Gay St Alley Dr DB T Watkins 4th A Main Street Lake Nelson Merry10th ASt 24 Crutcher St via Stones River Greenway 19th A Park Jo Johnston 7th A ve N (follow Music City Bikeway) odd Jr Blvd Davidson St 11th A ve N ve S Church St Davidson St ve N earl St The 17th P Commerce St District ets ve N 1st A Warner Downtown Broadway ve N McMillan St orean V Bridgestone K Memorial Br Broadway Arena 13th A Rolling Mill Hill earl Omohundro Pl P District Hermitage A Greenway Visco Dr 14th A 8th A SoBro ve N Demonbreun F Nestor St esslers Ln McGavock St Music City Rutledge ve Omohundro Dr ve S ve S Ctr eterans Blvd State St Church St Murphy 18th A orean V K Driftwood St Hayes St 5th A 19th A 3rd A Patterson St 11th A eabody St Baptist ve N 10th P Lea ve S Middleton ve 12th Lafayette St ve S Fulton 20th A ve N Lindsley Hermitage A 22nd H ve S Complex Lebanon Pike 40 ve 21st A ve N Nashville International The S ve Fain St Airport - 5 miles ve N Broadway Ewing 23rd Gulch Wharf A A 7th 7th Claiborne
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