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29357046
29357047

1530 Demonbreun St, Nashville, TN 37203 For Sale

MH
NC NC 303815, GA 436108 (+1)
Berkeley Capital Advisors Charlotte
Berkeley Capital Advisors Charlotte
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte
Unpriced
178 days on market
Updated 54 days ago
Under Contract

Demonbreun Retail

Details
Property Type Retail
Sub Type Bar, Shopping Center (+1)
Square Footage 30,798
Occupancy 81%
Year Built 1950
Buildings 1
Stories 1
Acreage 1.100
Investment Type Value Add
Ownership Fee Simple

30,798 SqFt

Investment highlights

Dense and Affluent Demographics - Within a three-mile radius, the area is home to more than 135,000 residents with an average household income of $132,380. Beyond Nashville’s permanent population, the property also benefits from the city’s strong tourism demand and record-setting growth. Looking ahead, the surrounding three-mile population is projected to increase by nearly 17% over the next five years.

Consumer Friendly Walkability - Demonbreun Hill has a Walk Score of 78, classifying it as “very walkable” and highly accessible to pedestrians. The area is easily reached from Downtown, The Gulch, Midtown, Music Row, and Vanderbilt, with each neighborhood located within a 20-minute walk. This connectivity significantly expands the consumer base, drawing consistent foot traffic from both local residents and tourists.

Full Rent Roll Control - New ownership will gain control of approximately 85% of the rent roll beginning August 1, 2027, with full control achieved by August 1, 2029. This phased rollover provides the opportunity to strategically re-merchandise the asset, reset rents closer to market levels, and drive long-term value, supporting a projected 10-year CAGR of 11.02% under conservative assumptions.

Listing Contacts

MH
NC NC 303815, GA 436108 (+1)
Berkeley Capital Advisors Charlotte
Berkeley Capital Advisors Charlotte
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte

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