City Heights Ground Floor Retail
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City Heights Ground Floor Retail
2 Retail Properties Offered at $8,900,000 in Nashville, TN
Investment Highlights
- Incoming Producing Property
- Ample parking available with over 30 parking spaces for customers and employees
- Mix of national and local tenants: Burn Boot Camp, Retrograde Coffee, A-ROI by Smiley Thai, Sanctuary Salon
- NNN Leases: Tenants reimburse for 100% of CAM, Real Estate Taxes, Insurance and Property Management
Executive Summary
The City Heights development, featuring award-winning architectural design, is now available for sale in the heart of Nashville, TN. This property offers a total of 18,002 SF of ground-floor neighborhood retail space spread between two buildings, presenting investors with a rare opportunity to acquire a well-constructed, multi-tenant retail center. Located on Clifton Avenue, the property includes five local and national tenants, with three additional units currently available for lease. Investors can anticipate a strong return on investment, with a projected 6.45% cap rate.
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Property Facts
| Price | $8,900,000 | Number of Properties | 2 |
| Price / SF | $494.39 / SF | Individually For Sale | 0 |
| Cap Rate | 6.45% | Total Building Size | 18,002 SF |
| Sale Type | Investment NNN | Total Land Area | 0.74 AC |
| Status | Active |
| Price | $8,900,000 |
| Price / SF | $494.39 / SF |
| Cap Rate | 6.45% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 18,002 SF |
| Total Land Area | 0.74 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2701 Clifton, Nashville, TN 37209 | Retail | 9,908 SF | 2021 | - |
| 2600 Clifton Ave, Nashville, TN 37209 | Retail | 8,094 SF | 2021 | - |
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City Heights Ground Floor Retail
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