Nashville Dealership - LoopNet

[Pages:31]PREPARED FOR:

Serg

Nashville Dealership

4/26/2018 PREPARED BY:

CBRE

150 4th Ave N, Suite 2110 Nashville, TN 37219

Michael Dunn

Associate (615) 943-4620 (phone)

(615) 255-4610 (fax) Michael.Dunn2@

Property Summary Report

1114 Bell Rd

Antioch, TN 37013 - Southeast Corridor Ret Submarket

AMENITIES Pylon Sign

LEASING

Available Spaces: 2,250 SF Available in 1 Space

Availability:

100% Available; 100% Vacant

AVAILABLE SPACES

Floor Use

E 1st Retail

Type

Relet

SF Avail

Flr Contig Bldg Contig

2,250

2,250

2,250

TRAFFIC & FRONTAGE Traffic Volume: 110,070 on I- 24 & Blue Hole Rd (2016)

147,059 on I- 24 & Old Franklin Rd (2016)

Frontage:

34' on Bell Rd (with 1 curb cut)

TRANSPORTATION

Parking:

14 free Surface Spaces are available; Ratio of 5.59/1,000 SF

Airport:

12 minute drive to Nashville International Airport

Walk Score ?: Somewhat Walkable (56)

Transit Score ?: Some Transit (26)

BUILDING Type: Subtype: Tenancy: Year Built: GLA: Floors: Typical Floor: Docks: Construction:

Retail Fast Food Single 1977 2,250 SF 1 2,250 SF None Masonry

LAND Land Area: Zoning: Parcel

0.83 AC CS 163-00-0-233

EXPENSES PER SF

Taxes:

$3.21 (2016)

Rent

Occupancy

$16.00/NNN Vacant

Term

Negotiable

Made with TrafficMetrix? Products

Copyrighted report licensed to CBRE - 908144.

4/26/2018 Page 1

Property Summary Report

1114 Bell Rd

Antioch, TN 37013 - Southeast Corridor Ret Submarket

PROPERTY CONTACTS Recorded Owner: Gleaves Properties

MARKET CONDITIONS

Vacancy Rates

Current Building Submarket 1-3 Star Market Overall

Submarket Leasing Activity

12 Mo. Leased SF Months On Market

Current

100% 4.2% 3.2%

Current

208,104 10.1

YOY

0.0% -1.6% 0.2%

YOY

22.8% 3.1 mo

NNN Asking Rents Per SF

Current Building Submarket 1-3 Star Market Overall

Submarket Sales Activity

12 Mo. Sales Volume (Mil.) 12 Mo. Price Per SF

Current

$16.00 $16.31 $19.39

Current

$117 $115

YOY

0.0% 5.2% 4.8%

YOY

17.8% -1.4%

Copyrighted report licensed to CBRE - 908144.

4/26/2018 Page 2

Property Summary Report

6116-6118 Charlotte Pike - Cash America

Nashville, TN 37209 - Bellevue/W Nashville Ret Submarket

KEY TENANTS Cash America Pawn

LEASING Available Spaces: 5,040 SF Available in 1 Space

Availability:

100% Available; 0% Vacant

AVAILABLE SPACES

Floor Use

P 1st Retail

Type

Relet

SF Avail

Flr Contig Bldg Contig

5,040

5,040

5,040

SALE Last Sale:

Sold on Jul 22, 2014 for $675,000 ($133.93/SF) at 6.29% Cap

TRAFFIC & FRONTAGE Traffic Volume: 24,402 on Charlotte Ave & Lellyett St (2016)

91,242 on I- 40 & American Rd (2016)

Frontage:

97' on Charlotte Pike (with 1 curb cut)

BUILDING Type: Subtype: Tenancy: Year Built: GLA: Floors: Typical Floor: Docks: Construction:

Retail Freestanding Single 1967 5,040 SF 1 5,040 SF None Masonry

LAND Land Area: Zoning: Parcel

0.55 AC CS 091-13-0-250

EXPENSES PER SF

Taxes:

$1.58 (2015)

5,000 SF

Rent

Occupancy

$18.00/NNN Oct 2018

Term

Negotiable

Made with TrafficMetrix? Products

Copyrighted report licensed to CBRE - 908144.

4/26/2018 Page 3

Property Summary Report

6116-6118 Charlotte Pike - Cash America

Nashville, TN 37209 - Bellevue/W Nashville Ret Submarket

TRANSPORTATION

Parking:

12 free Surface Spaces are available; Ratio of 3.06/1,000 SF

Walk Score ?: Somewhat Walkable (60)

Transit Score ?: Some Transit (36)

PROPERTY CONTACTS

True Owner:

B.O.T., LLC.

Prior True Owner: Belle Meade Investments, LLC

Recorded Owner: B.O.T., LLC.

MARKET CONDITIONS

Vacancy Rates

Current Building Submarket 1-2 Star Market Overall

Submarket Leasing Activity

12 Mo. Leased SF Months On Market

Current

0.0% 1.4% 3.2%

Current

155,072 9.2

YOY

0.0% -0.5% 0.2%

YOY

66.8% 2.2 mo

NNN Asking Rents Per SF

Current Building Submarket 1-2 Star Market Overall

Submarket Sales Activity

12 Mo. Sales Volume (Mil.) 12 Mo. Price Per SF

Current

$18.00 $17.67 $19.39

Current

$30.4 $140

YOY

5.8% 4.8%

YOY

-39.0% -38.4%

Copyrighted report licensed to CBRE - 908144.

4/26/2018 Page 4

Property Summary Report

6403 Charlotte Pike

Nashville, TN 37209 - Bellevue/W Nashville Ret Submarket

BUILDING Type: Subtype: Tenancy: Year Built: GLA: Floors: Typical Floor: Docks: Construction:

Retail Freestanding Single 1982 1,886 SF 1 1,886 SF None Wood Frame

LAND Land Area: Zoning: Parcel

0.69 AC CS 103-01-0-145

EXPENSES PER SF

Taxes:

$6.22 (2016)

AMENITIES Pylon Sign

LEASING

Available Spaces: 1,886 SF Available in 1 Space

Availability:

100% Available; 100% Vacant

AVAILABLE SPACES

Floor Use

E 1st Retail

Type

Relet

SF Avail

Flr Contig Bldg Contig

1,886

1,886

1,886

Rent

Occupancy

$28.63/N Vacant

Term

Negotiable

TRAFFIC & FRONTAGE Traffic Volume: 3,414 on American Rd & Charlotte Ave (2016)

91,242 on I- 40 & American Rd (2016)

Frontage:

30' on Charlotte Pike (with 2 curb cuts)

TRANSPORTATION

Parking:

12 free Surface Spaces are available; Ratio of 6.36/1,000 SF

Commuter Rail: 14 minute drive to Riverfront Commuter Rail (East Corridor Line)

Airport:

22 minute drive to Nashville International Airport

Walk Score ?: Somewhat Walkable (63)

Transit Score ?: Some Transit (34)

Made with TrafficMetrix? Products

Copyrighted report licensed to CBRE - 908144.

4/26/2018 Page 5

Property Summary Report

6403 Charlotte Pike

Nashville, TN 37209 - Bellevue/W Nashville Ret Submarket

PROPERTY CONTACTS Recorded Owner: Watts Properties L P

MARKET CONDITIONS

Vacancy Rates

Current Building Submarket 2-4 Star Market Overall

Submarket Leasing Activity

12 Mo. Leased SF Months On Market

Current

100% 1.7% 3.2%

Current

155,072 9.2

YOY

0.0% -0.9% 0.2%

YOY

66.8% 2.2 mo

NNN Asking Rents Per SF

Submarket 2-4 Star Market Overall

Submarket Sales Activity

12 Mo. Sales Volume (Mil.) 12 Mo. Price Per SF

Current

$20.10 $19.39

Current

$30.4 $140

YOY

5.1% 4.8%

YOY

-39.0% -38.4%

Copyrighted report licensed to CBRE - 908144.

4/26/2018 Page 6

Property Summary Report

3106-3110 Dickerson Pike

Nashville, TN 37207 - North Nashville Ret Submarket

KEY TENANTS Cash City Ralphs Cleaners

2,053 SF 2,053 SF

AMENITIES Pylon Sign

LEASING Available Spaces: No Spaces Currently Available

SALE Last Sale:

Sold on Feb 27, 2014 for $230,000 ($42.01/SF)

TRAFFIC & FRONTAGE Traffic Volume: 19,369 on Dickerson Pike & Ewing Dr (2016)

94,988 on I- 65 & Dickerson Pike (2016)

Frontage:

145' on Dickerson Pike (with 1 curb cut)

BUILDING Type: Tenancy: Year Built: GLA: Floors: Typical Floor: Docks: Construction:

Retail Multiple 1966 5,475 SF 1 5,475 SF None Masonry

LAND Land Area: Zoning: Parcel

0.99 AC CS 060-08-0-074

EXPENSES PER SF

Taxes:

$0.71 (2016)

La Tepiquena Market

2,053 SF

Made with TrafficMetrix? Products

Copyrighted report licensed to CBRE - 908144.

4/26/2018 Page 7

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download