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29879994
29879993

2725 Grandview Ave, Nashville, TN 37211

$6,500,000
101 days on market
Updated 84 days ago
Opportunity zone

Grandview Ave Parcels

Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 27,881
Price per SqFt $233
Class B
Buildings 4
Acreage 1.670
Zoning IWD

Industrial | 27,881 SqFt

Marketing description

Multi-Parcel Industrial Portfolio | Block-Scale Opportunity

The offering at 2703–2725 Grandview Avenue presents a rare opportunity to acquire a multi-parcel industrial portfolio totaling approximately 27,000 SF on 1.67 acres, comprising six (6) contiguous parcels that collectively occupy the majority of a city block in the highly desirable South Nashville / Berry Hill / Nolensville Road corridor.

The site is improved with multiple industrial and office buildings of varying sizes, vintages, and configurations, creating a campus-style layout that supports a wide range of industrial, service, flex, and owner-user uses. This configuration provides buyers with block-scale control and operational flexibility that is increasingly difficult to replicate in Nashville’s supply-constrained industrial submarkets.

The portfolio is partially occupied, including an income-producing building at 2703 Grandview Avenue, providing in-place cash flow while preserving near-term flexibility for repositioning, owner-occupancy, or re-tenanting across the remainder of the site. Additional space may be utilized for consolidation, phased lease-up, or long-term operational use.

From a valuation and market perspective, the asset is well positioned relative to current industrial fundamentals. Estimated market values range from approximately $255–$305 per square foot, with prevailing market NNN rental rates averaging $13–$15 PSF, supporting both current income and future upside through leasing, reconfiguration, or strategic execution.

Parcel Strategy & Optionality

Ownership will consider selective parcel or building carve-outs on a case-by-case basis, with particular emphasis on the 2715 and 2725 Grandview Avenue parcels, which together represent the largest and most functional building configuration within the portfolio. Any such carve-out would be premium-priced relative to the overall portfolio to reflect building quality, scale, and utility. Wholesale portfolio offers are preferred.

The property benefits from exceptional connectivity, with immediate access to Nolensville Road, I-65, I-440, downtown Nashville, the CSX rail terminal, and Nashville International Airport, placing it within one of the most established and supply-constrained industrial corridors in the region.

This offering is well suited for investors, owner-users, or groups seeking a flexible industrial platform with multiple exit strategies, including portfolio hold, phased disposition, selective parcel sales, or long-term campus control.

Due to the unique multi-parcel structure of this offering, prospective buyers should be prepared to demonstrate pricing rationale consistent with current market PPSF metrics.

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