5,150 SF MARQUEE RESTAURANT AVAILABLE FOR ......5,150 SF MARQUEE RESTAURANT AVAILABLE FOR SALE OR...
Transcript of 5,150 SF MARQUEE RESTAURANT AVAILABLE FOR ......5,150 SF MARQUEE RESTAURANT AVAILABLE FOR SALE OR...
2 0 R U T L E D G E S T R E E TN A S H V I L L E , T N 3 7 2 1 0
5,150 SF MARQUEE RESTAURANT AVAIL ABLEFOR SALE OR FOR LEASE
20 Rutledge Street, Nashville, TN 37210
An OPPORTUNITY to feed the SoBro market’s GROWING Appetite
City Lights Overview:Scheduled for construction completion Q1 2019 is “City Lights,” a 71-unit luxury condominium project located in Nashville’s “SoBro” district. This 7-story development best-in-class residential condos ranging from $469,000-$3M (as of Q2 2018, 50% of the 71 condos are already pre-sold). Scheduled completion is Q1 2019 (restaurant space delivered as early as possible prior to this).
Project Location:City Lights is ideally located in Downtown Nashville, where over 13 million tourists and locals visit each year. The project is located just 5 blocks from the 1.2M SF Music City Convention Center, and is just blocks from the Ascend Amphitheater and the sites for six of Nashville’s newest hotels under construction or recently completed. City Lights is located within “SoBro,” a downtown district which has recently experienced explosive growth in residential, office and hospitality density. Nearby landmarks include Sean Brock’s award-winning Husk restaurant, artisanal coffeehouse, Crema, and across 1st Avenue, trendy hang out spot, Pinewood Social.
In Q2 2018 Eakin Partners broker ground on Peabody Plaza, a $175M venture to include 280,000 SF of offices and 12,000 SF of retail. Eakin is also partnering with Ray Hensler, who will develop a 26-story, 225-unit residential structure at the same site.
Target Restaurateur: The City Lights developer is looking for an experienced restaurant operator who willcapitalize on the unique space and the momentus activity in SoBro and greater DowntownNashville. The ideal restaurant will feature a menu that encourages weekly or more visitsfor lunch or dinner.
Available Restaurant Space: Available for lease or sale is a marquee restaurant space including a 5,150 SF demisedspace and additional +600 SF outdoor patio
Rent, Operating Expenses & Util ities:
Developer will charge market NNNs which are to be determined. All utilities will beseparately metered. Tenant will pay utilities directly
Outdoor Patio: A +600 SF outdoor patio is located on the north side and adjacent to the restaurant space.The outdoor patio will provide restaurant guests with sweeping 270 degree skyline viewsstretching from midtown to the Cumberland River
Restaurant Parking: On-site parking may be leased or purchased for use by the future restaurant and itspatrons. Free off-site street parking is also available in the area. Developer has designedarea(s) for a future valet program usable by the restaurant operation.
Ceiling Heights: Ceiling heights up to 20’-11” from interior floor to bottom of deck above
Trash: A dumpster/compactor will be located adjacent to the restaurant premises
Delivery Conditions: Floor: Poured concrete floorGrease Trap: Developer will deliver a grease trap with drain line stubbed to the restaurantpremisesSprinkler: Developer will deliver fire protection with upturned sprinkler headsHVAC: Developer will provide HVAC equipment equal to 1-ton per 175 SF of demisedrestaurant spaceElectric: Developer will include an electrical panel within the restaurant premises. 400amp 120/208V-3PH-4W will be availableGas: 2” natural gas service will be delivered to the premisesWater: 2” domestic water supplied to the premisesSewer: 4” sanitary line stubbed to Premises
Restaurant Summary:
Example Restaurant Plan
5,150 SF AVAILABLERESTAURANT SPACE
+600 SFOUTDOOR PATIO
A R C H I T E C T U R EL A N D P L A N N I N GEXTERIOR ELEVATIONS - NASHVILLE CITY LIGHTS
NASHVILLE, TNA-08
A R C H I T E C T U R EL A N D P L A N N I N GEXTERIOR ELEVATIONS - NASHVILLE CITY LIGHTS
NASHVILLE, TNA-08
Project Elevation5,150 SF AVAILABLERESTAURANT SPACE
View of SoBro
RUTLEDGE STRUTLEDGE ST
HERM
ITAG
E AVE
HERM
ITAG
E AVE
PEABODY STPEABODY ST
COMPLETEDBRIDGESTONE HQ
500,000 SF
COMPLETEDBRIDGESTONE HQ
500,000 SF
COMPLETED222 2ND AVE
362K SF OFFICE30K SF RETAIL
COMPLETED222 2ND AVE
362K SF OFFICE30K SF RETAIL
SOBRO APTS313 APT UNITS10K SF RETAIL
SOBRO APTS313 APT UNITS10K SF RETAIL
ENCORE333 CONDOS20K SF RETAIL
ENCORE333 CONDOS20K SF RETAIL
HYATT PLACE255 ROOMS
HYATT PLACE255 ROOMS
UNDER CONSTR:DRURY PLAZA
HOTEL390 ROOMS
UNDER CONSTR:DRURY PLAZA
HOTEL390 ROOMS
HILTON GARDEN INN214 ROOMS
HILTON GARDEN INN214 ROOMS
UNDER CONSTR:PEABODY PLAZA
280,000 SF OFFICE12,000 SF RETAIL
UNDER CONSTR:PEABODY PLAZA
280,000 SF OFFICE12,000 SF RETAIL
UNDER CONSTR:THE JOSEPH
HOTEL297 ROOMS
UNDER CONSTR:THE JOSEPH
HOTEL297 ROOMS
OMNI HOTEL800 ROOMS
CONVENTION SPACE
OMNI HOTEL800 ROOMS
CONVENTION SPACE
COUNTRY MUSIC HALL OF FAME
COUNTRY MUSIC HALL OF FAME
PINNACLEOFFICE BLDG
520,000 SF
PINNACLEOFFICE BLDG
520,000 SF
UNDER CONSTR:TRU BY HILTONHOME 2 SUITES
233 ROOMS
UNDER CONSTR:TRU BY HILTONHOME 2 SUITES
233 ROOMS
COMPLETEDOLMSTEAD SOBRO
328 APTS
COMPLETEDOLMSTEAD SOBRO
328 APTS
COMPLETED505 NASHVILLE
550 APTS
COMPLETED505 NASHVILLE
550 APTS
UNDER CONSTR:JW MARRIOTT
468 ROOMS
UNDER CONSTR:JW MARRIOTT
468 ROOMS
WESTIN HOTEL452 ROOMS
WESTIN HOTEL452 ROOMS
SHERATONHOTEL
474 ROOMS
SHERATONHOTEL
474 ROOMS
RYMANAUDITORIUM
RYMANAUDITORIUM
HUSKHUSK
CREMACREMA
Downtown Market
PINNACLEOFFICE BLDG
520,000 SF
PINNACLEOFFICE BLDG
520,000 SF
COMPLETEDBRIDGESTONE HQ
500,000 SF
COMPLETEDBRIDGESTONE HQ
500,000 SF
HILTON HOTEL330 ROOMS
HILTON HOTEL330 ROOMSBRIDGESTONE
ARENABRIDGESTONE
ARENA
RENAISSANCEHOTEL
649 ROOMS
RENAISSANCEHOTEL
649 ROOMS
HUME-FOGGMAGNET SCHOOL
HUME-FOGGMAGNET SCHOOL
NASHVILLE PUBLIC LIBRARY
NASHVILLE PUBLIC LIBRARY
UNDER CONSTR: 5TH + BROADWAY
400K SF OFFICE,350 RESIDENCES230K SF RETAIL
UNDER CONSTR: 5TH + BROADWAY
400K SF OFFICE,350 RESIDENCES230K SF RETAIL
ONE NASHVILLE
PLACE411,000 SF
ONE NASHVILLE
PLACE411,000 SF
5/3 BANKBLDG
489,000 SF
5/3 BANKBLDG
489,000 SF
FIRST TENN BANK BLDG480,000 SF
FIRST TENN BANK BLDG480,000 SF
SHERATONHOTEL
474 ROOMS
SHERATONHOTEL
474 ROOMS
RYMANAUDITORIUM
RYMANAUDITORIUM
SUNTRUST PLAZA OFFICE BLDG
340,000 SF
SUNTRUST PLAZA OFFICE BLDG
340,000 SF
VIRIDIAN305 CONDOS
VIRIDIAN305 CONDOS
MDHA GARAGE1,010 PARKS
7,900 SF RETAIL
MDHA GARAGE1,010 PARKS
7,900 SF RETAIL
COMPLETED505 NASHVILLE
550 APTS
COMPLETED505 NASHVILLE
550 APTS
CUMBERLAND289 APTS
CUMBERLAND289 APTS
AT&TBLDG
690,000 SF
AT&TBLDG
690,000 SF
LOWER BROADWAY& 2ND AVENUE
ENTERTAINMENT DISTRICT
LOWER BROADWAY& 2ND AVENUE
ENTERTAINMENT DISTRICT
COMPLETED222 2ND AVE
362K SF OFFICE30K SF RETAIL
COMPLETED222 2ND AVE
362K SF OFFICE30K SF RETAIL
ASCEND AMPHITHEATER
SEATING FOR 6,800
ASCEND AMPHITHEATER
SEATING FOR 6,800
SOBRO APTS313 APT UNITS10K SF RETAIL
SOBRO APTS313 APT UNITS10K SF RETAILENCORE
333 CONDOS20K SF RETAIL
ENCORE333 CONDOS20K SF RETAIL
HYATT PLACE255 ROOMS
HYATT PLACE255 ROOMS
UNDER CONSTR:DRURY PLAZA
HOTEL390 ROOMS
UNDER CONSTR:DRURY PLAZA
HOTEL390 ROOMS
HAMPTON INN207 ROOMS
HAMPTON INN207 ROOMS
UNDER CONSTR:3-FLAG
MARRIOTT468 ROOMS
UNDER CONSTR:3-FLAG
MARRIOTT468 ROOMS
UNDER CONSTR:JW MARRIOTT
468 ROOMS
UNDER CONSTR:JW MARRIOTT
468 ROOMS
CAMBRIA SUITES255 ROOMS
CAMBRIA SUITES255 ROOMS
UNDER CONSTR:EMBASSY SUITES (432 ROOMS)
CURIO (260 ROOMS)
UNDER CONSTR:EMBASSY SUITES (432 ROOMS)
CURIO (260 ROOMS)
COMPLETEDOLMSTEAD SOBRO
328 APTS
COMPLETEDOLMSTEAD SOBRO
328 APTS
WESTIN HOTEL452 ROOMS
WESTIN HOTEL452 ROOMS
UNDER CONSTR:HOLIDAY INN230 ROOMS
UNDER CONSTR:HOLIDAY INN230 ROOMS
UNDER CONSTR:THE JOSEPH
HOTEL297 ROOMS
UNDER CONSTR:THE JOSEPH
HOTEL297 ROOMS
PLANNED:HYATT HOUSE
200 ROOMS
PLANNED:HYATT HOUSE
200 ROOMS
UNDER CONSTR:TRU BY HILTONHOME 2 SUITES
233 ROOMS
UNDER CONSTR:TRU BY HILTONHOME 2 SUITES
233 ROOMS
UNDER CONSTR:MARGARITAVILLE
HOTEL238 ROOMS
UNDER CONSTR:MARGARITAVILLE
HOTEL238 ROOMS
HILTON GARDEN INN214 ROOMS
HILTON GARDEN INN214 ROOMS
615 THIRD OFFICES125K SF
615 THIRD OFFICES125K SF
OMNI HOTEL800 ROOMS
CONVENTION SPACE
OMNI HOTEL800 ROOMS
CONVENTION SPACE
COUNTRY MUSIC HALL OF FAME
COUNTRY MUSIC HALL OF FAME
FRIST CENTER FORTHE VISUAL ARTS
FRIST CENTER FORTHE VISUAL ARTS JUDICIAL
BLDGJUDICIAL
BLDG
1.2M SFMUSIC CITY CONVENTION CENTER
685,000 ANNUAL ATTENDEES
1.2M SFMUSIC CITY CONVENTION CENTER
685,000 ANNUAL ATTENDEES
PLANNED:ONE KVB
425,000 SF OFFICE25,000 SF RETAIL
30-STORY
PLANNED:ONE KVB
425,000 SF OFFICE25,000 SF RETAIL
30-STORY
UNDER CONSTR:PEABODY PLAZA
280,000 SF OFFICE12,000 SF RETAIL
UNDER CONSTR:PEABODY PLAZA
280,000 SF OFFICE12,000 SF RETAIL
COMMERCE STCOMMERCE ST
CHARLOTTE AVECHARLOTTE AVE
ROSA
PA
RKS
BLVD
ROSA
PA
RKS
BLVD
BROADWAYBROADWAY
5TH A
VE
5TH A
VE
4TH A
VE
4TH A
VE
3RD A
VE3RD
AVE
2ND
AVE
2ND
AVE
1ST AVE
1ST AVE
DEMONBREUN STDEMONBREUN ST
GRUNDYSTGRUNDYST
8TH
AVE
8T
H A
VE
8TH AVE
8TH AVE
6TH
AV
E 6T
H A
VE
7TH
AVE
7T
H A
VE
KOREAN VETERANS BLVDKOREAN VETERANS BLVD
LAFAYETTE ST
LAFAYETTE ST
RUTLED
GE ST
RUTLED
GE ST
HERMITAGE AVE
HERMITAGE AVE
LEA AVELEA AVE
PEABODY STPEABODY ST
PEABODY STPEABODY ST
LEA AVELEA AVE
Downtown Nashville StatisticsD O W N T O W N N A S H V I L L E H A S 6 5 , 0 0 0 O F F I C E D A Y T I M E O F F I C E W O R K E R S
D O W N T O W N N A S H V I L L E W I L L
H A V E 1 3 , 0 0 0 R E S I D E N T S B Y 2 0 1 9
O V E R 1 , 0 0 0 D O W N T O W N E V E N T S P E R
M O N T H
$ 3 . 5 B I N B U I L D I N G P E R M I T S A P P R O V E D B Y
M E T R O N A S H V I L L E D U R I N G F I S C A L Y E A R 2 0 1 6 - 2 0 1 7
1 . 9 7 M S F O F F I C E S P A C E U N D E R
C O N S T R U C T I O N
2 7 T O W E R C R A N E S I N
N A S H V I L L E ’ S U R B A N C O R E
1 6 H O T E L S A R E S C H E D U L E D T O O P E N D O W N T O W N I N 2 0 1 8 A D D I N G
H O T E L R O O M S I N A L L P H A S E S O F D E V E L O P M E N T I N N A S H V I L L E
2,639 ROOMS 14,390 ROOMS
JARRATT BELLRochford Bell Real Estate
+1 615 218 [email protected]
AUSTIN BENEDICTCBRE, Inc.
+1 615 493 [email protected]
JOHN MAXWELLCBRE, Inc.
+1 615 493 [email protected]
CBRE222 2nd Avenue South #1800
Nashville, TN 37201www.cbre.com/nashville
F O R L E A S I N G I N Q U I R I E S :
© 2018 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. PMStudio_October2016.
Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.
ROCHFORD BELL REAL ESTATE2200 Abbott Martin Rd #200
Nashville, TN 37215www.rochfordbell.com