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INVESTMENT HIGHLIGHTS
- Trophy Property in the Heart of Westhaven
- 100% Occupied ; Long-term leases with NNN structure
- Restriction of Retail to be built in this area
- 6 Retail Tenants and 6 Apartments
EXECUTIVE SUMMARY
Positioned in the heart of Franklin’s distinguished Westhaven community, this fully occupied mixed-use property offers a rare opportunity to acquire a true flagship asset consisting of 6 retail tenants and 6 apartments on the second story.
The ground floor features six (6) high-performing retail tenants on long-term leases, including Pure Barre, Kokomo Trading Company, Fika Swedish Breakfast Cafe, Scouts Pub, Influence Boutique, and a curated local bookstore offering a vibrant and complementary retail mix. Above, six (6) luxury multifamily residences provide an additional layer of income. With strong in-place cash flow, upside in future rent escalations, and a unique restriction on additional retail development in this section of Westhaven, this is a generational investment opportunity in Franklin, one of Tennessee’s most affluent and strategically positioned suburban markets.
Please reach out to Jake Clark or Click here for full access to the deal room: https://platform.reverecre.com/project/f37bbfe2-1cf7-41d7-a529-fd035efd91ad
The ground floor features six (6) high-performing retail tenants on long-term leases, including Pure Barre, Kokomo Trading Company, Fika Swedish Breakfast Cafe, Scouts Pub, Influence Boutique, and a curated local bookstore offering a vibrant and complementary retail mix. Above, six (6) luxury multifamily residences provide an additional layer of income. With strong in-place cash flow, upside in future rent escalations, and a unique restriction on additional retail development in this section of Westhaven, this is a generational investment opportunity in Franklin, one of Tennessee’s most affluent and strategically positioned suburban markets.
Please reach out to Jake Clark or Click here for full access to the deal room: https://platform.reverecre.com/project/f37bbfe2-1cf7-41d7-a529-fd035efd91ad
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+2 | 3 | - | - |
PROPERTY TAXES
| Parcel Number | 064-023.22 | Improvements Assessment | $3,204,489 CAD |
| Land Assessment | $1,373,376 CAD | Total Assessment | $4,577,865 CAD |
PROPERTY TAXES
Parcel Number
064-023.22
Land Assessment
$1,373,376 CAD
Improvements Assessment
$3,204,489 CAD
Total Assessment
$4,577,865 CAD
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