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.