601 HILL AVE

INVESTMENT HIGHLIGHTS

• IRREPLACEABLE LOCATION – This facility is positioned strategically within the industrial business district, which has experienced steadily climbing rental rates over the past five years. The continued increase is due to consistent demand from smaller to mid-sized tenants seeking available space in the corridor. Located near the Nashville International Airport and less than one mile from I-24 (±162,363 VPD) and I-40 Interchange (±181,344 VPD).
• OWNER/USER OPPORTUNITY – With limited supply of industrial space under 25,000 square feet, this opportunity will fit the needs of countless different users. The property has a healthy blend of warehouse and office space, which can be converted and/or modified even further.
• HIGH QUALITY CONSTRUCTION – The building features metal and masonry construction, 2 grade-level doors, and ±10’ – ±14’ clear heights.
• PROXIMITY TO INTERSTATE ACCESS – The facility is less than three miles from Downtown Nashville. In addition, it is only a short drive to Nashville International Airport and access points to all major interstates within Middle Tennessee.
• SUBMARKET FUNDAMENTALS – With limited industrial development or available supply over the past 18 months, landlords have been able to push rental rates much higher than the regional average as the market becomes tighter. Industrial vacancies in the submarket are hovering near all-time lows, as tenants continue to have difficulty finding available facilities within reach of the metro’s core.