615-248-1161
128-130 2nd Ave N, Nashville, TN for Sale
Bar - FOR SALE
1/28
null | Request Cap Rate

128-130 2nd Ave N
Nashville, TN 37201
Riverfront


HIGHLIGHTS

  • Bucket list destination
  • Momentum location
  • Below market rent
  • Long-term growing cash flow
  • Scarcity premium
  • Forever asset with long-term appreciation

OVERVIEW

CBRE is proud to present this rare opportunity to acquire Nashville Live! located in the heart of Nashville’s famous Lower Broadway district, aka Honky Tonk Highway. This 3-story, +/- 42,000 square foot state-of-the-art, newly renovated venue, provides long-term, increasing cash flow backed by a nationally recognized entertainment operator, and asset appreciation due to high barriers to entry and growing demand. • NOI: $1.974M with 2% annual increases • Long-term master lease with The Cordish Companies • Below market rent - $47 PSF vs prevailing market rents $65-140 PSF

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

DTC

APN/PARCEL ID

093-06-2-079

ASK ABOUT THIS PROPERTY

Paul GaitherCBRE, Inc.More Info
615-248-1161

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Paul GaitherCBRE, Inc.More Info
615-248-1161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.