Shoppes of RADLEY HENDRIXSON, CCIM KAYCE BETTINI Senior Vice President Associate Colliers International Colliers International 615.850.2745 629.702.6613 Dover Glen [email protected] [email protected] 2528 MURFREESBORO PIKE | NASHVILLE, TN 37217 SOHAILA WILLIS, CCIM Senior Associate Colliers International 615.850.2757 [email protected] 2528 Murfreesboro Pike, Address PROPERTY OVERVIEW Nashville, TN 37217
Colliers International | Nashville is pleased to offer the opportunity to acquire the County Davidson Shoppes of Dover Glen. The Shoppes of Dover Glen consists of 35,136-square-feet Interstate/Highway US-41/Murfreesboro Pike of retail and office space located at 2528 Murfreesboro Pike in Nashville, TN. The Shoppes have excellent visibility to 33,965 vehicles per day on Murfreesboro Pike and Traffic Count 33,965 ADT on Murfreesboro Pike just 5-miles from Interstate 24. Total Square Feet 35,136 SF
Located in the largest metropolitan area within a five-state region, Davidson County Price $6,600,000 had an estimated population of 692,587 residents, a 10.5 percent increase from 2010. The neighboring outparcel is being The total retail consumer expenditure within 5-miles of the property is $1.6 billion ±1 Acre Outparcel offered individually for an asking price annually. The Shoppes of Dover Glen is located in a prime residential area near the of $825,000 (not part of this offering) Villages at Stonewood, The Villages at Dover Glen, Summerwind Apartments and many other multi-family properties. PROPERTY HIGHLIGHTS
• 19,584-quare-feet of retail space • 15,552-square-feet of office, school, or special use space • Excellent visibility on Murfreesboro Pike (33,965 ADT) • Located in a high growth population area • $1.6B annually in total retail consumer expenditure within 5-miles • Less than 5-miles from Interstate 24 (188,571 ADT) • The average household income within a 5-mile radius is $64,866 • The estimated population within a 5-mile radius is 161,148
COLLIERS NASHVILLE | DOVER GLEN PHOTOS
COLLIERS NASHVILLE | DOVER GLEN *Note: The ±1 acre outparcel is being offered individually (not part of this ±1 ACRE offering). OUTPARCEL FOR SALE
Iglesia Measurement Inc. Available Church
COLLIERS NASHVILLE | DOVER GLEN PROPERTY LOCATION
COLLIERS NASHVILLE | DOVER GLEN AERIAL
±1 ACRE OUTPARCEL AVAILABLE
NEWLY CONSTRUCTED HARDEE’S
COLLIERS NASHVILLE | DOVER GLEN NASHVILLE MARKET OVERVIEW
The Shoppes of Dover Glen is located approximately 12-miles from the heart of Downtown Nashville. Located in the largest metropolitan area within a five-state region, Nashville-Davidson County has a consolidated city-county government. Davidson County is highly urbanized with extensive residential areas, a vibrant downtown, advanced development, with 10 colleges and universities, including Belmont, Fisk, Lipscomb, TSU, Trevecca Nazarene and Vanderbilt.
Many corporate headquarter giants call Middle Tennessee home, including Nissan North America, Bridgestone Americas, Dollar General, Hospital Corporation of America, Cracker Barrel, Gibson Guitar, Lifeway, Amazon and Universal Music Group. Nashville is the core for health care, transportation, banking, publishing and music.
Nashville is defined by a diverse economy, low costs of living and doing business, with a creative culture and a well-educated population. Middle Tennessee is among the nation’s best locations for relocating, expanding and startup companies.
COLLIERS NASHVILLE | DOVER GLEN DEMOGRAPHICS
2528 MURFREESBORO PIKE | NASHVILLE, TN
1 MILE RADIUS 3 MILE RADIUS 5 MILE RADIUS 2019 Estimated Population 15,648 79,056 161,148 2024 Estimated Population 16,050 80,437 164,091 2010 Census Population 14,699 71,671 146,462 2000 Census Population 10,890 56,857 115,191
2019 Estimated Households 6,809 32,150 64,797 2024 Projected Households 7,158 33,732 68,220 2010 Census Households 6,115 27,801 56,314 2000 Census Households 4,796 23,193 48,140 2015 Median Home Value $163,114 $175,946 $170,320
2019 Est. Average Household Income $65,850 $64,606 $64,866 2019 Est. Median Household Income $53,499 $55,361 $56,395 2019 Est. Per Capita Income $28,658 $26,775 $26,332
2019 Households by Income 2019 Est. HH Income $200,000 or More 2.1% 1.5% 1.7% 2019 Est. HH Income $150,000 to $199,999 3.8% 3.1% 3.5% 2019 Est. HH Income $125,000 to $149,999 4.4% 4.1% 4.4% 2019 Est. HH Income $100,000 to 124,000 6.5% 7.3% 7.2% 2019 Est. HH Income $75,000 to $99,999 14.1% 14.8% 15.6% 2019 Est. HH Income $50,000 to $74,999 24.7% 24.7% 23.3% 2019 Est. HH Income $35,000 to $49,999 16.3% 19.3% 17.6% 2019 Est. HH Income $25,000 to $34,999 10.0% 9.7% 10.0% 2019 Est. HH Income $15,000 to $24,999 11.3% 8.8% 9.2%
Daytime Demographics Total Businesses 332 1,783 4,262 Total Employees 2,065 17,402 49,811
COLLIERS NASHVILLE | DOVER GLEN CONTACT
RADLEY HENDRIXSON, CCIM Senior Vice President Colliers International 615.850.2745 [email protected]
SOHAILA WILLIS, CCIM Senior Associate Colliers International 615.850.2757 [email protected]
KAYCE BETTINI Associate Colliers International 629.702.6613 [email protected]
COLLIERS NASHVILLE 615 Third Ave South | Suite 500 Nashville, TN 37210 www.colliers.com