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- LoopNet Team
1011 Clearview Ave
Nashville, TN 37206
TREEHOUSE RESTURANT · Retail Property For Sale
PROPERTY FACTS
Amenities
- Property Manager on Site
- Signage
- Air Conditioning
About 1011 Clearview Ave , Nashville, TN 37206
-The Treehouse Restaurant is owned and operated by the Spicher Trust Beneficiaries in this busy commercial neighborhood. -Tenant Improvement of $500k in 2013 -Gross revenues at 1.1 MM. -2018 Lease: $19,875 NNN -Tenant is responsible for Insurance, Taxes and Maintenance -5 Points East Nashville is a bustling food and beverage destination - http://www.nashvillelifestyles.com/entertainment/a-day-in-five-points - https://treehousenashville.com/2016/07/03/press/ - https://www.yelp.com/biz/5-points-nashville-2 Treehouse can produce 125,000 per year in income/$10,000 per month. You can rehab and add more square footage for higher rents. Buy now for the "Opportunity Zone" and get some tax advantages! 1009 Clearview: Owned by the Spicher Family Trust Leased to Treehouse Restaurant. -Used as an Office and Storage for Treehouse Restaurant -No Significant Tenant Improvements -1009 Clearview Avenue is used as an office space/storage for Treehouse Restaurant -2018 Lease: $15,606 NNN -Tenant is responsible for Insurance, Taxes and Maintenance 1007 Clearview: Owned by the two of the Spicher Family Trust Beneficiaries -Currently used as an Air B n B. BNB makes $150.00 plus per night is a Licensed BNB -Leased for 6 months for $1600 month. -2017 Revenue: $30,000 -2017 Taxes: $1800 ________________________ _________________________ $65,481 in Rent 2018 - $1800 in taxes = $63,681 NOI Capitalization rate = 1.50 The kitchen equipment provides American Range 6 Burner American Range Salamander Convention Oven LoLo Steamer 2 Low Boy Coolers with Drawers 1 Low Boy Freezer with Drawers 1 two door sandwich cooler Triple Sink with Dish Washer 1 Low low Cooler with drawers 6x7 walk in cooler Back bar walk in cooler Beverage Cooler for Bar Ice Chest Freezer Yakatori Grills CVAP And all the toys for success For more pictures please visit Treehouse’s social media Facebook - @treehousenashville IG - @thetreehousenashville The kitchen has proven to be successful for the past 5 years and has been featured on Food Network several times, Eaters top lists consistently each year, celebrity chefs have guest appeared in the kitchen, and the menu changes daily which proves variety out of it.
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Listing ID: 16908578
Date on Market: 8/13/2019
Last Updated:
Address: 1011 Clearview Ave, Nashville, TN 37206
The Retail Property at 1011 Clearview Ave, Nashville, TN 37206 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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