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Investment Highlights

  • Opportunity Zone
  • Surrounded by transformative projects including Wedgewood Village, T3/Finery, and The Mill
  • Current tenant lease expires November 2026, providing near-term flexibility for repositioning or redevelopment
  • Over 70 on-site parking spaces, with room for additional parks – highest parking ratio in Wedgewood Houston.
  • Central, walkable location within one of Nashville’s fastest-growing urban districts

Executive Summary

Parking Ratio - 2.24
Parking Spaces - 70
Parking Notes - Over 70 on-site parking spaces, with room for additional parks – highest parking ratio in Wedgewood Houston.
Submarket - Wedgewood Houston
Zoning - IWD + Opportunity Zone
Clear Height - 20.5'
Column Spacing - 25

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Freestanding
Building Class C
Lot Size 1.75 AC
Rentable Building Area 31,283 SF
No. Stories 1
Year Built 1981
Tenancy Single
Parking Ratio 2.24/1,000 SF
Clear Ceiling Height 20’
Opportunity Zone Yes
Zoning IWD - IWD + Opportunity Zone

Amenities

  • Fenced Lot
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Created in 2018, EssilorLuxottica is the combination of two highly complementary and innovative companies, Essilor and Luxottica, which used their individual strengths to revolutionize the industry and explore the potential of eyecare and eyewear around the world. EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. They are driving the transformation of the eyewear and eyecare industry. As an open network company, they offer their industry stakeholders in many countries access to a global platform of high-quality vision care products, iconic brands that consumers love, as well as cutting-edge digital services and solutions. With a portfolio of proprietary and licensed brands that cover a wide range of market segments, they tap into the needs and desires of consumers everywhere, offering a strong pipeline of innovation that raises the standard of excellence across the industry.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
105-07-0-121
Land Assessment
$4,243,531 CAD
Improvements Assessment
$109 CAD
Total Assessment
$4,243,640 CAD
  • Listing ID: 39135705

  • Date on Market: 2026-01-19

  • Last Updated:

  • Address: 520 Merritt Ave, Nashville, TN 37203

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