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INVESTMENT HIGHLIGHTS
- Fully stabilized asset with strong day-one cash flow
- Ten-tenant rent roll provides diversification and staggered rollover schedule
- Nearby multi-billion dollar East Bank development is transforming the corridor and driving investment in the submarket
- Irreplaceable Nashville location with high visibility in Nashville’s trendiest submarket
- Convenient onsite parking increases traffic to the center and offers additional revenue upside
- Upside potential via mark-to-market rents, submarket appreciation, and long-term redevelopment opportunities
EXECUTIVE SUMMARY
Acting as exclusive marketing advisor on behalf of the property owner, Foundry Commercial is pleased to offer to qualified investors the opportunity to acquire Hunters Station (the “Property”), a ±33,340 SF, 100% leased retail and food hall asset located at the heart of one of Nashville, Tennessee’s most dynamic submarkets.
Hunters Station is one of the most well-known assets in trendy East Nashville. This landmark adaptive reuse project, which reimagined a former custom car shop, is situated on one of the submarket’s busiest intersections, near Five Points, the rapidly redeveloping East Bank neighborhood, and the Central Business District. The Property was fully redeveloped with a $13.7M+ investment in 2019 by the current owners, and the dynamic tenant mix offers a desirable all-day food and beverage destination with ample parking to ensure ease of customer access.
Investors are offered the rare chance to purchase an irreplaceable, fully stabilized asset that offers upside potential via mark-to-market rents, long-term redevelopment opportunities, and the ability to capitalize on upcoming major investments in the Main Street and East Bank corridor.
For more information and to access the Offering Memorandum, please sign the Confidentiality Agreement and send to Andrew Maxwell at andrew.maxwell@foundrycommercial.com.
Hunters Station is one of the most well-known assets in trendy East Nashville. This landmark adaptive reuse project, which reimagined a former custom car shop, is situated on one of the submarket’s busiest intersections, near Five Points, the rapidly redeveloping East Bank neighborhood, and the Central Business District. The Property was fully redeveloped with a $13.7M+ investment in 2019 by the current owners, and the dynamic tenant mix offers a desirable all-day food and beverage destination with ample parking to ensure ease of customer access.
Investors are offered the rare chance to purchase an irreplaceable, fully stabilized asset that offers upside potential via mark-to-market rents, long-term redevelopment opportunities, and the ability to capitalize on upcoming major investments in the Main Street and East Bank corridor.
For more information and to access the Offering Memorandum, please sign the Confidentiality Agreement and send to Andrew Maxwell at andrew.maxwell@foundrycommercial.com.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
33,340 SF
Building Class
C
Year Built/Renovated
1976/2019
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.56
Lot Size
1.36 AC
Zoning
OV-UZO, OV-UDO, MUG-A
Parking
49 Spaces (1.47 Spaces per 1,000 SF Leased)
Frontage
300’ on Main St
AMENITIES
- Food Court
- Restaurant
- Wheelchair Accessible
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 083-09-0-005 | Improvements Assessment | $2,261,016 CAD |
| Land Assessment | $3,324,187 CAD | Total Assessment | $5,585,203 CAD |
PROPERTY TAXES
Parcel Number
083-09-0-005
Land Assessment
$3,324,187 CAD
Improvements Assessment
$2,261,016 CAD
Total Assessment
$5,585,203 CAD
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Hunters Station | 975 Main St
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