Retail    

Northside Marketplace

 Madison (Nashville), Tennessee

Asking Price:
$23,500,000

Cap Rate (Year 1):
8.14%

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Land Area

+/- 21.52 AC

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Occupancy

96.35%

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Total GLA

+/- 189,103 SF

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# of Tenants

14

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Leases

NNN

For more details on this exclusive listing

Execute NDA

INVESTMENT HIGHLIGHTS

  • NASHVILLE MSA
    #1 Fastest Growing Economy in the U.S. (2021)
  • 85% GLA & 79% ABR
    From National Tenants
  • 77% GLA & 64% ABR
    From Fortune 500 Tenants
  • UNIQUE MARK-TO-MARKET
    Legacy Rents +/- 20-50% Below Market
  • NOI GROWTH
    12 of 13 Tenants with Contractual Rent Increases
  • NNN LEASES
    Across Entire Tenant Roster
  • 39 STRAIGHT QUARTERS
    Submarket Retail Rent Growth
  • TENNESSEE
    Non-Personal Income Tax State
  • BELOW REPLACEMENT COST
    Opportunity

Exclusively Listed By

Brandon Duff

Managing Director, Partner
  bduff@stanjohnsonco.com      +1 312.240.0162

Tom Fritz

Managing Director & Partner
  tfritz@stanjohnsonco.com   

Matt Spangenberg

Associate Director
  mspangenberg@stanjohnsonco.com   

Mackenzie Wolfgram

Associate
  mwolfgram@stanjohnsonco.com   

In Association With
Jason Long

TN Lic. #351553

Stan Johnson Co.

303 East Wacker Drive | Suite 1111
Chicago, IL 60601


stanjohnsonco.com