2004 21ST AVENUE SOUTH...Foundry Commercial has been retained as exclusive agent in the sale of 2004...
Transcript of 2004 21ST AVENUE SOUTH...Foundry Commercial has been retained as exclusive agent in the sale of 2004...
2004 21ST AVENUE SOUTHFOR SALE | 3,929 SF OFFICE | HILLSBORO VILLAGE
22004 21ST AVENUE SOUTH | FOUNDRY COMMERCIAL
THE OPPORTUNITY
Foundry Commercial has been retained as exclusiveagent in the sale of 2004 21st Ave South, Nashville,TN (“the Property”). The asking price for the Property is$1,770,000.
The Property is a 3,929 SF office building suitable forvarious professional services or entertainment industry firms that seek a non-corporate environment in a truly superlative location. The Property is adjacent to Nashville’s highly desirable Hillsboro Village, and within walking distance to both Vanderbilt and Belmont Universities, as well as Music Row. The Property’s central location and quick access to Downtown, West End Avenue, and other parts of Nashville are excellent via 21st Avenue and nearby I-440.
The Property is composed of a 1930’s vintage home that has been fully renovated to current standards and converted to an office property. The Property has three private offices, 15-16 open offices, two conference rooms, and a reception area downstairs. Also included are two copier/mail rooms, a printer/copy room, a break room, two server rooms, and IT closets. Lastly, the property includes a two-car garage, unfinished basement, and 13 parking spaces in addition to street parking.
This offering is a rare opportunity for a user or investor to acquire an excellent property in one of the most sought-after, pedestrian-friendly locations in all of Nashville.
For further information about the Property or to submit anoffer, please contact Rick Helton at (615) 324-0785 orDon Albright at (615) 771-0772.
32004 21ST AVENUE SOUTH | FOUNDRY COMMERCIAL
PROPERTY OVERVIEW
PROPERTY DETAILS
Price $1,770,000
Address2004 21st Avenue SouthNashville, Tennessee 37212
ExistingImprovements
3,929 SF Total1,410 SF First Floor | 2,519 SF Second Floor
Site Size 0.18 AC
Parking 13 Spaces Onsite + Street Parking
Sub Market Green Hills / Music Row
Zoning OR20
• Ideal central location inside the I-440 loop
• Walking distance to Hillsboro Village, Music Row, 12 South, Belmont University, and Vanderbilt University and Medical Center
• Monument signage opportunity
• 35,000 vehicles per day south; 21,100 vehicles per day north
• Can be sub-divided for two or more tenants
• Separate security systems for upstairs and downstairs tenants
• Utilities include water, sewer, gas, and underground electric
• Building is fully wired for underground fiber to source at alley
PROPERTY HIGHLIGHTS
42004 21ST AVENUE SOUTH | FOUNDRY COMMERCIAL
SITE PLAN
21
st A
ve S
MainEntrance
RearParking
Lot 20
th A
ve S
(A
lley)Front
ParkingLot
2004 21st Ave S 3,929 SF
Driveway
Carport
Deck
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SITE OVERVIEW
21
st A
ve S 20
th A
ve S
(A
lley)
Por tland Ave
2004 21st Ave S0.18 AC Site
21
st A
ve S
Mag
nolia
Blv
d
62004 21ST AVENUE SOUTH | FOUNDRY COMMERCIAL
FIRST FLOOR | 1,410 SF
Mai
n En
tran
ce
21
ST A
VE
S
Office Conf
Carport
20
TH A
VE
S (A
LLEY
)
Office
Garage
Closet
StairsToilet
Office
Office
Kitc
hen
Break Room
72004 21ST AVENUE SOUTH | FOUNDRY COMMERCIAL
SECOND FLOOR | 2,519 SF2
1ST
AV
E S
StorageBreak Room/Meeting Room
Deck
20
TH A
VE
S (A
LLEY
)
Office OpenOfficeArea
Closet
Stairs
Toilet
HVAC & IT
Closet
Office
OpenOffice
OpenOffice
Closet
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EXTERIOR PROPERTY PHOTOS
HILLSBOROVILLAGE
21st A
ve S
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LOCATION MAP
VanderbiltUniversityMedicalCenter
VanderbiltUniversityCampus
BelmontUniversity
Future MLSStadium
CentennialPark
12 SOUTH
BERRY HILL
EDGEHILL
TO GREEN HILLS
MUSIC ROW
MIDTOWN/WEST END
WEDGEWOODHOUSTON
THEGULCH
CBD
SOBRO
440
440
440
LOCATION ADVANTAGE
The property is conveniently located within walking distance of Vanderbilt University, Belmont University, and the popular Hillsboro Village shopping and dining district. Music Row provides direct access to The Gulch and Downtown Nashville. Access to I-440 is immediately south of the property via 21st Avenue South.
HILLSBOROVILLAGE
Hi
llsbo
ro R
d
21st
Ave
S
21st
Ave
S
Broadway
Wes
t End
Ave
West
End Ave
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LOCATION & PROXIMITY MAP
NASHVILLE CBD
MIDTOWN/WEST END
MUSICROW
HILLSBOROVILLAGE
TOI-440 ACCESS
& GREEN HILLS
BELMONTUNIVERSITY
12 SOUTH
VANDERBILTUNIVERSITY
MEDICAL CENTER
21st A
ve S
21st A
ve S
Magnolia Blvd
Portland Ave
2004 21ST AVE S
Miles Minutes
Nashville CBD 2.4 mi 10 min
The Gulch 1.8 mi 5 min
Green Hills 2 mi 6 min
12 South 1.2 mi 4 min
Music Row 0.4 mi 1 min
Centennial Park 1.3 mi 7 min
Vanderbilt Hospital 0.5 mi 4 min
Future MLS Stadium 2.2 mi 8 min
112004 21ST AVENUE SOUTH | FOUNDRY COMMERCIAL
WALKING DISTANCE AMENITIES
DINING + DRINKING SHOPPINGBare Naked Bagel Altar'd State
Belcourt Taps Apple & Oak
Biscuit Love Arcade Kids
blvd Nashville David Cookware
Brown's Diner Dress Up
Cabana Impeccable Pig
Chago's Cantina Mountain High Outfitters
Chick Fil A Native + Nomad
Donut + Dog Onward Reserve
Double Dogs Posh
Grilled Cheeserie Revv
Hopdoddy Burger Bar Scout & Molly's
International Market Thousand Faces
J. Christopher's UAL
Jeni's Splendid Ice Cream
Kay Bob's Grill and Ale SERVICES + ACTIVITIESLevant Mediterranean Café Belcourt Theatre
McAllister's Deli Belmont University
McDougal's Chicken Fannie Mae Dees Park
Meet Noodles Kroger
Nashville Chocolate & Nut Local Honey
Pancake Pantry Moxy Hotel
PM Rodney Mitchell
Proper Bagel Ruby
RocknRoll Sushi Uncle Classic
Subway Vanderbilt Medical Center
Sushi 88 Vanderbilt University
Taco Mama
Villager Tavern COFFEE + JUICEBongo Java
FITNESS Fido
Lotus Room Ayurveda Revelator Coffee Company
Pilates Garage Urban Juicer
Kroger
BelmontUniversity
0.25 Miles
0.50 Miles
VanderbiltUniversity &
Medical Center
MoxyHotel
BelcourtTheatre
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THE NEIGHBORHOOD
HILLSBORO VILLAGE
Hillsboro Village features a walkable network of historic homes, highly-rated restaurants, scenic green spaces and trendy coffee shops making it one of the most sought-after areas in all of Nashville.
Because it is flanked by both Vanderbilt University and Belmont University on the southwest side of the city, there is a heavy concentration of college students in this area.
This thriving university scene plays a major role in shaping the overall culture and lifestyle of the area. As
with any respectable college neighborhood, there are plenty of spots to keep you caffeinated and focused, including Fido, Fetch, and Revelator Coffee.
These establishments can be found in Hillsboro Village itself, which offers an inviting cluster of more than 25 bars and restaurants, as well as the classic and recently renovated Belcourt Theatre.
Just east of the Vanderbilt campus is the heart of Nashville’s music industry — Music Row. Here you’ll find recording studios, production houses, record
labels, radio stations, licensing firms and pretty much any other type of business related to country, gospel, and contemporary Christian music.
At the northwest side of the Vanderbilt campus along West End Avenue is Centennial Park, which boasts a stunning replica of the Parthenon in Athens, Greece — right down to the 42-foot statue of Athena within.
For a sweeping view of the Nashville skyline, pack a picnic and set down a blanket on Love Circle. All this and more is within just a five to ten minute walk.
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SALE COMPARABLES
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Address 1009 17th Ave S 1616 16th Ave S 1511-1513 16th Ave S 2123 Belcourt Ave 1516 16th Ave S 1501 12st Ave S
Year Built 1925 1935 1920 1965 1930 1956
Buyer Hall Capital Jgbs 1616, LLCGroveland Investment
GroupTreg P Warner
First Citizens Bancshares, Inc.
Treg P Warner
Seller Nina C Sivek N/A Dismas, Inc. Walter A StinsonRocky McElhaney
Law FirmUnited Neighborhood
Health Services
Date Sold March 2019 September 2017 June 2017 March 2017 September 2016 November 2015
Sale Price $1,592,656 $699,000 $1,850,000 $1,020,000 $3,000,000 $1,800,000
Size 2,288 1,376 3,928 2,028 6,425 3,520
Price / SF $696 $508 $471 $503 $467 $511
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foundrycommercial.com
2004 21 ST AVE SNASHV I L L E , TN
R ICK HE LTONRICK.HELTON@FOUNDRYCOMMERCIAL .COM
615.324.0785
DON ALBR IGHTDON.ALBR IGHT@FOUNDRYCOMMERCIAL .COM
615.771.0772