Log In/Sign Up
Your email has been sent.
401 Cowan Street - Infill Development Opportunity 3.51 Acres of Commercial Land in Nashville, TN 37207
INVESTMENT HIGHLIGHTS
- 401 Cowan Street presents a 3.51-acre redevelopment opportunity among the most transformative projects near Downtown Nashville.
- Near Nashville’s major growth engines, including the upgraded Tennessee Titans stadium and Oracle’s $1.2 billion regional campus.
- Invest in a growing area as the number of households within a 2-mile radius rose 10% a year from 2020 to 2024, with an avg annual income of $113,809.
- Infill site currently zoned IG (Industrial General) with the ability to easily redesignate to the flexible MUG (Mixed-Use General) zoning.
- Oracle’s new campus will be steps away and is set to host 8,500 employees, with $175 million allocated to enhance public spaces and accessibility.
- Surrounded by existing developments already enlivening the East Bank, such as the adjacent Topgolf, new upscale apartments, and local restaurants.
EXECUTIVE SUMMARY
Savills is pleased to present 401 Cowan Street, a rare redevelopment opportunity in Nashville, Tennessee. The offering consists of two parcels totaling 3.51 acres with approximately 21,286 square feet of gross building area (GBA).
Currently zoned IG (Industrial General) with future land use that can be converted to MUG (Mixed-Use General), the site offers exceptional potential for redevelopment in the heart of this rapidly evolving district. This opportunity combines large-scale development potential with an unmatched location, positioning future projects to capture demand in one of Nashville’s hottest neighborhoods within one of the fastest-growing real estate markets in the country.
Positioned in one of Nashville’s most dynamic growth corridors, the property is directly across from Topgolf and at the gateway to River North, anchored by Oracle’s new regional campus (NYSE: ORCL). The surrounding area is experiencing transformative investment, including the construction of a new domed Tennessee Titans stadium and a comprehensive East Bank redevelopment along the Cumberland River, just across from Downtown Nashville.
The Nashville market’s existing fundamentals underscore the drivers for this unprecedented investment. It welcomes an average of 100 new residents per day, and the surrounding area is experiencing particularly high migration, outpacing the overall metro area. The market is forecasted to have a GDP growth of 18% by 2027, supported by a 47% increase in jobs since 2010. These factors have led the Nashville market to be ranked first on a national scale by major analysts. The Wall Street Journal named it the hottest job market, PwC designated it as having the best overall real estate prospects, and Policom gave it the top spot for metropolitan economic strength.
Take advantage of these nation-leading market factors and develop a novel destination at the epicenter of Nashville’s most exciting projects by acquiring 401 Cowan Street today. Inquire now to learn more.
Currently zoned IG (Industrial General) with future land use that can be converted to MUG (Mixed-Use General), the site offers exceptional potential for redevelopment in the heart of this rapidly evolving district. This opportunity combines large-scale development potential with an unmatched location, positioning future projects to capture demand in one of Nashville’s hottest neighborhoods within one of the fastest-growing real estate markets in the country.
Positioned in one of Nashville’s most dynamic growth corridors, the property is directly across from Topgolf and at the gateway to River North, anchored by Oracle’s new regional campus (NYSE: ORCL). The surrounding area is experiencing transformative investment, including the construction of a new domed Tennessee Titans stadium and a comprehensive East Bank redevelopment along the Cumberland River, just across from Downtown Nashville.
The Nashville market’s existing fundamentals underscore the drivers for this unprecedented investment. It welcomes an average of 100 new residents per day, and the surrounding area is experiencing particularly high migration, outpacing the overall metro area. The market is forecasted to have a GDP growth of 18% by 2027, supported by a 47% increase in jobs since 2010. These factors have led the Nashville market to be ranked first on a national scale by major analysts. The Wall Street Journal named it the hottest job market, PwC designated it as having the best overall real estate prospects, and Policom gave it the top spot for metropolitan economic strength.
Take advantage of these nation-leading market factors and develop a novel destination at the epicenter of Nashville’s most exciting projects by acquiring 401 Cowan Street today. Inquire now to learn more.
SALE FLYER
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 3.51 AC |
| Lot Size | 3.51 AC |
Currently zoned IG that can be converted to MUG, the site offers exceptional potential for redevelopment in the heart of this rapidly evolving district.
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Sedona Taphouse | American | $$$$ | 13 min walk |
| Charleys Philly Steaks | - | - | 13 min walk |
| Jack Brown's | - | - | 13 min walk |
| Waldo's Chicken & Beer | Chicken | $ | 15 min walk |
| Little Hats Italian Market | - | - | 15 min walk |
| Henrietta Red | American | $$$ | 16 min walk |
RETAIL |
||
|---|---|---|
| TopGolf | Other Retail | 3 min walk |
| [solidcore] | Fitness | 16 min walk |
HOTELS |
|
|---|---|
| La Quinta Inns & Suites |
205 rooms
3 min drive
|
| Holiday Inn |
181 rooms
2 min drive
|
| Hampton by Hilton |
169 rooms
4 min drive
|
| Grand Hyatt |
591 rooms
5 min drive
|
| MOXY |
168 rooms
5 min drive
|
| Tempo by Hilton |
306 rooms
5 min drive
|
| AC Hotels by Marriott |
209 rooms
5 min drive
|
SALE ADVISORS
SALE ADVISORS
John Hill, Realtor Maury County Realty
John is based in Columbia, Tennessee, but has experience in dealings throughout the state. Mr. Hill received his Bachelor's degree in Finance from the Haslam College of Business at the University of Tennessee.
David McRae,
Executive Managing Director
David McRae is Executive Managing Director of Savills Nashville office, where he leads a team of tenant-focused brokers specializing in office and industrial tenant representation, leasing, consulting, strategic planning, portfolio optimization, and buyer representation. During the course of two decades in commercial real estate, David has developed a consultative approach to working with clients of all sizes, with the goal of fully understanding a client’s business before making any recommendations. He has worked with clients from a broad range of industries, including legal, healthcare, industrial and professional and financial services.
David has been responsible for negotiating leases and marketing of over 12 million square feet of commercial space, with lease values over $1 billion. He and his team have saved clients millions of dollars and earned the loyalty of some of Nashville’s most prominent companies, including CapStar Bank, Corizon Health, Gresham Smith & Partners, 2020 Research, NASBA, Specialty Care, EcoEnergy, Comcast, WEX, TVA, SSOE, Delek and VACO, among others. Many of the area’s leading law firms have chosen to work with David based on his policy of avoiding conflicts of interest, including Neal & Harwell, Adams & Reese, Gullett Sanford Robinson & Martin, Gideon Cooper Essary, Cornelius & Collins, Parker Lawrence Cantrell & Smith, Ford & Harrison, and Branstetter Stranch & Jennings, among others.
He joined Savills in 2019 after nearly six years as founding and managing principal of Cresa’s Nashville office, and eight years as managing principal at Newmark Grubb Knight Frank. Before that, he was Director of leasing at Crescent Resources for seven years.
David has been named a CoStar Power Broker and a Heavy Hitter by Nashville Business Journal. He earned NAIOP’s Deal of the Year and is consistently ranked among the top tenant representatives by both NBJ and CoStar. He was a founding director of the Greater Cool Springs Chamber of Commerce and has served as vice president and chairman of its economic and community development committee. He has also served on the board of directors for NAIOP Nashville.
David has been responsible for negotiating leases and marketing of over 12 million square feet of commercial space, with lease values over $1 billion. He and his team have saved clients millions of dollars and earned the loyalty of some of Nashville’s most prominent companies, including CapStar Bank, Corizon Health, Gresham Smith & Partners, 2020 Research, NASBA, Specialty Care, EcoEnergy, Comcast, WEX, TVA, SSOE, Delek and VACO, among others. Many of the area’s leading law firms have chosen to work with David based on his policy of avoiding conflicts of interest, including Neal & Harwell, Adams & Reese, Gullett Sanford Robinson & Martin, Gideon Cooper Essary, Cornelius & Collins, Parker Lawrence Cantrell & Smith, Ford & Harrison, and Branstetter Stranch & Jennings, among others.
He joined Savills in 2019 after nearly six years as founding and managing principal of Cresa’s Nashville office, and eight years as managing principal at Newmark Grubb Knight Frank. Before that, he was Director of leasing at Crescent Resources for seven years.
David has been named a CoStar Power Broker and a Heavy Hitter by Nashville Business Journal. He earned NAIOP’s Deal of the Year and is consistently ranked among the top tenant representatives by both NBJ and CoStar. He was a founding director of the Greater Cool Springs Chamber of Commerce and has served as vice president and chairman of its economic and community development committee. He has also served on the board of directors for NAIOP Nashville.
Tatum Flynn, Executive Managing Director
Tatum Flynn is Executive Managing Director in Savills Nashville office, where he provides transaction and account management services to both local and national clientele. His primary responsibilities include developing new business, strategic planning, analyzing real estate markets/submarkets, and negotiating lease transactions.
Tatum provides clients with fully integrated commercial real estate services, including structuring and negotiating commercial leases, developing comprehensive and strategic real estate plans, assisting with the acquisition and disposition of owned or leased properties and portfolio/lease administration. Working in partnership with his clients, Tatum applies a strategic approach to defining their optimal decision-making framework. He has a proven track record of helping to reduce operating costs and align real estate strategies. His objective in all instances is to guide his clients in aligning their real estate with their business strategies and improve their bottom line.
Tatum joined Savills in 2019 from Cresa, where he was a principal for 6 years. His clients have included LiveNation, OfficeMax, VMG, DentaQuest, VEBA, Beecher Carlson, SpecialtyCare and CoreVel, among others. He began his career in commercial real estate in 2007 with Newmark Knight Frank.
In 2019 Tatum was named as a Power Leader in Commercial Real Estate by the Nashville Business Journal.
Tatum is a junior board member of the American Cancer Society and chaired the Williamson County Relay for Life. He is a graduate of the Young Leaders Program and is in training to become an American Red Cross board member. He is active in the Sewanee Alumni Association.
Tatum provides clients with fully integrated commercial real estate services, including structuring and negotiating commercial leases, developing comprehensive and strategic real estate plans, assisting with the acquisition and disposition of owned or leased properties and portfolio/lease administration. Working in partnership with his clients, Tatum applies a strategic approach to defining their optimal decision-making framework. He has a proven track record of helping to reduce operating costs and align real estate strategies. His objective in all instances is to guide his clients in aligning their real estate with their business strategies and improve their bottom line.
Tatum joined Savills in 2019 from Cresa, where he was a principal for 6 years. His clients have included LiveNation, OfficeMax, VMG, DentaQuest, VEBA, Beecher Carlson, SpecialtyCare and CoreVel, among others. He began his career in commercial real estate in 2007 with Newmark Knight Frank.
In 2019 Tatum was named as a Power Leader in Commercial Real Estate by the Nashville Business Journal.
Tatum is a junior board member of the American Cancer Society and chaired the Williamson County Relay for Life. He is a graduate of the Young Leaders Program and is in training to become an American Red Cross board member. He is active in the Sewanee Alumni Association.
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Maury County Realty
401 Cowan Street - Infill Development Opportunity
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.