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Hillsboro Shoppes 3708 Hillsboro Pike 18,169 SF 100% Leased Retail Building Nashville, TN 37215 $17,707,391 CAD ($974.59 CAD/SF) 5.25% Cap Rate



INVESTMENT HIGHLIGHTS
- Prime Green Hills Location
- Prominent Tenancy
- High Traffic Count and Excellent Visibility
- Close Proximity to the Mall at Green Hills
- Nashville's Most Affluent Submarket
- Value Add Opportunities
EXECUTIVE SUMMARY
Colliers International is the exclusive sale advisor for Hillsboro Shoppes – a premier asset in Nashville’s most desirable retail submarket of Green Hills. Starbucks has been in the center for over twenty years and several tenants have below market rents with no renewal options. A portion of the center has recently been redeveloped to include lifestyle tenants Naturepedic and Next Health. Green Hills is the heart of Nashville’s wealth corridor bordered by Belle Meade to the west and Forrest Hills / Brentwood to the south. The Mall at Green Hills and Hill Center Green Hills are nearby and feature the highest concentration of luxury brands in the state. The 18,000 SF offering is a chance to acquire a generational asset with upside in a market that has massive barriers to entry.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
18,169 SF
Building Class
B
Year Built
1965
Price
$17,707,391 CAD
Price Per SF
$974.59 CAD
Cap Rate
5.25%
NOI
$929,638 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.31
Lot Size
1.36 AC
Zoning
SCR - Shopping Center Regional
Parking
77 Spaces (4.24 Spaces per 1,000 SF Leased)
Frontage
73’ on Hillsboro Pike
AMENITIES
- Pylon Sign
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Naturepedic
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Naturepedic | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Hi visibility retail located in the heart of Greenhills. Currently build out is for a nail salon but has many possibilities.
| Space | Size | Space Use | Position | Available |
| 3708 B | 2,117 SF | Retail | - | 30 Days |
3708 B
| Size |
| 2,117 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
3708 B
| Size | 2,117 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Hi visibility retail located in the heart of Greenhills. Currently build out is for a nail salon but has many possibilities.
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 117-11-0-055 | Improvements Assessment | $344,566 CAD |
| Land Assessment | $2,781,815 CAD | Total Assessment | $3,126,381 CAD |
PROPERTY TAXES
Parcel Number
117-11-0-055
Land Assessment
$2,781,815 CAD
Improvements Assessment
$344,566 CAD
Total Assessment
$3,126,381 CAD
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Hillsboro Shoppes | 3708 Hillsboro Pike
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