970 Fiber Glass Road
Industrial | 227,725 SqFt
Marketing description
Link to Property Landing Page: https://www.cbredealflow.com/handler/modern.aspx?pv=uivk4qwuqoLM-z02vcxiTy9KTtJk8--aZ2oxpUaVCswmDmr…
CBRE is pleased to present a ±17.37 acre infill redevelopment site in a qualified Opportunity Zone, located at 970 Fiber Glass Road in Nashville, TN.
The property consists of a ±227,725 square foot decommissioned industrial manufacturing building and is bordered byan inactive CSX rail spur. Zoned Industrial Restrictive (IR).
Investment highlights
970 Fiber Glass Road is located within an insulated and aging second-generation industrial pocket of South Nashville, while also immediately adjacent to the well established, gentrified, high-end, mixed-use, neighborhood of Wedgewood-Houston. This property has unique proximity to the Nashville Fairgrounds Speedway and new 30,000 seat Geodis Park sports and entertainment venue, home to the MLS Nashville Soccer Club.
The highest and best use of the property is redevelopment into modern industrial distribution or Multi-Family housing. Data center redevelopment is also a viable possibility with the potential of 30 Mw available with TVA approval.
Industrial redevelop submarket of CBD/Polk Ave. Strategically positioned between both CBD/Polk Ave and Allied Drive/I-65N submarkets, a combined market rentable area of 31.6M SF.
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