Listed by Stream Realty Partners
Unpriced
NNN Lease - Pin's Mechanical in The Gulch - Nashville
Details
Property Type Hospitality, Land
Sub Type Commercial
Square Footage 24,080
Net Rentable (SqFt) 24,080
Cap Rate 6.45%
Tenancy Single
Lease Type NNN
Lease Term 21
Lease Expiration 07/01/2039
Remaining Term 12.9
Lease Options 0
Broker Co-Op Yes
Year Renovated 2018
Buildings 1
Stories 1
Acreage 0.570
Zoning DTC
Investment Type Net Lease
Lease Commencement 07/01/2018
Occupancy Date 07/01/2018
Ground Lease No
Sale Condition For sale by owner
Single Tenant NNN Leased Covered Land Play | 6.4% CAP
Marketing description
1102 Grundy Street presents a rare opportunity to acquire a 100% leased, single-tenant
NNN retail asset in one of Nashville’s most dynamic and supply-constrained submarkets,
North Gulch. The property is fully leased by Pins Mechanical Company, a nationally
recognized experiential retail operator, and benefits from a long-term lease through July
31, 2039, providing durable cash flow and long-term downside protection.
Situated on 0.57 acres with DTC zoning, the asset offers current income stability
with potential for future redevelopment, positioning investors to benefit from both
immediate yield and long-term value appreciation in the Gulch.
Listing Contacts
Listed by Stream Realty Partners
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