5,150 sf restaurant condo 20 rutledge street · unit residential tower with retail (delivery 2021)...
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AVAILABLE FOR SALE5,150 SF RESTAURANT CONDO
20 RUTLEDGE
STREET
• OPPORTUNITY TO OWN 5,150 SF RESTAURANT CONDO
• JUST DELIVERED Q3 2019
• MARQUEE SPACE IN 71-UNT CITY LIGHTS LUXURY CONDO
DEVELOPMENT
• LOCATED IN BOOMING SOBRO/RUTLEDGE HILL
NEIGHBORHOOD
• CONDO DESIGNED FOR FUTURE RESTAURANT AND INCLUDES
FREE ON-SITE PARKING
HER
MIT
AGE
AVE
HER
MIT
AGE
AVE
5,150 SFRESTAURANT
LEA AVELEA AVE
PEABODY STPEABODY ST
KOREAN VETERANS BLVD
KOREAN VETERANS BLVD
PROJECT OVERVIEW
NEIGHBORHOOD INCLUDES:
• Award-winning Husk restaurant
• Construction of Peabody Plaza, a 280,000 Sq Ft office building (delivery Q3 2020)
• Future Hensler development of 26-story 225-unit residential tower with retail (delivery 2021)
• Just blocks from Ascend Amphitheater with capacity for 6,800 performance attendees
PURCHASE OPPORTUNITY: 5,150 SF street-level space with 600 SF outdoor patio featuring 270 degree views of Downtown Nashville. Condo is located within City Lights, a 71-unit luxury condo development completed in 2019
TARGET RESTAURATEUR: The restaurant condo opportunity is reserved for a food & beverage operation which matches the neighborhood and City Lights clientele. Example operations range from a polished casual to full-service white tablecloth restaurant
RENT, OPERATING EXPENSES & UTILITIES:
Developer will charge minimal NNNs estimated to be sub $4 PSF. All utilities will be separately metered. Tenant will pay utilities directly
PARKING & VALET: Restaurant condo purchase includes 5 stalls in the City Light’s parking garage. Restaurant may access an additional 15 stalls in the garage (monthly rental or purchase). Restaurant may also reserve multiple sidewalk space located directly in front of the 5,150 SF space. Free off-site street parking is also available in the area. Developer has designed area(s) for a future valet program
CEILING HEIGHTS: Ceiling heights up to 20’-11” TRASH: A dumpster/compactor is located proximate to the restaurant premisesDELIVERY CONDITIONS: Cold dark shell condition. Condo is designed for future restaurant use and
already includes a hood vent shaft to the roof, area for future HVAC units and a 2,000-gallon grease trap
HERM
ITAG
E AV
E
HERM
ITAG
E AV
E
2ND AVENUE S
2ND AVENUE S
MIDDLETON ST
MIDDLETON ST
PEABODY ST
PEABODY ST
KOREAN VETERANS BLVD
KOREAN VETERANS BLVD
Peabody Plaza280K SF Office(Under Constr.)
Future Hensler Project
25-Story Residential Tower
615 Third121K SF Office
Space
LC SoBro 432 Apartments (Under Constr.)
Proposed +300 Multi-FamilyHoward Office Building
Government Offices
Ascend Ampitheater
Hyatt House217 Rooms
(Under Constr.)
5,150 SFRESTAURANT
Bode Boutique Hotel
40 Rooms
HiltonGarden Inn214 Rooms
Ascend Ampitheater
600 SFOutdoor
Patio
5,150 SFRESTAURANT
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ANSUL CABINET
6" TRAY IS
OPTIONAL
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R U T L E D G E S T R E E T
AL L E Y # 1 0 2
WAITING
HOST STAND
ENTRY
SERVER'S ALLEY
WALK-IN COOLER
WAITSTATION
71 SEATS
20 SEATS
20 SEATS
16 SEATS
OPEN SEATING12 SEATS
OPEN SEATING14 SEATS
SEE KITCHENCONSULTANT
EDGE OFCEILING ABOVE
1
A102
100DINING
101OUTDOOR DINING
103PRIVATE DINING
104STORAGE
102BAR
110KITCHEN
111OFFICE112
MECH RM
107MEN'S RESTROOM
109WOMEN'S RESTROOM
105 HALL
106JANITOR
108CLOSET
5,150 SF EXAMPLE TEST FIT
600 SFOutdoor
Patio
RUTLEDGE ST
ALLEY #102
RUTLEDGE ST
RUTLEDGE ST
5,150 SFRESTAURANT
AREA AMENITIES
Husk Restaurant
CREMA
Pinewood Social
Ascend Ampitheater
Terra House | 194 Apartments
Nance Place | 107 Apartments
Ryman Lofts | 61 Apartments
ROOTED
City View | 174 Apartments
Cork and Barrel Wine and Spirits
Hermitage Cafe
615 Third | 121K SF Office Space
LC SoBro | 432 Apartments (Under Constr.)
Howard Office Building | Government Offices
Future 25-Story Residential | Hensler Project
Peabody Plaza | 280K SF Office (Under Constr.)
Martin’s BBQ
Proposed 300-unit Apartment Complex
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HERMITAGE AVE
HERMITAGE AVE
2ND AVEN
UE S
2ND AVEN
UE S
MIDDLETON ST
MIDDLETON ST
LAFAYETTE ST
LAFAYETTE ST
4TH AVENUE S
4TH AVENUE S
PEABODY ST
PEABODY ST
KOREAN VETERANS BLVD
KOREAN VETERANS BLVD
INTERSTATE 40
INTERSTATE 40
LEA AVELEA AVE
5,150 SFRESTAURANT WESTINWESTIN
HOTELHOTEL452 ROOMS452 ROOMS
CAPITOL VIEW1M SF OFFICE
649 APARTMENTSHAMPTON INN & SUITES 169 ROOMS
HCA HQ, PUBLIX GROCERY(UNDER CONSTR.)
PROPOSED HENSLER PROJECT
25-STORY RESIDENTIAL
615 THIRD121K SF OFFICE SPACE
LC SOBRO 432 APARTMENTS (UNDER CONSTR.)
PROPOSED 300 APARTMENTS
HOWARD OFFICE BUILDING GOVERNMENT OFFICES
ASCEND AMPITHEATER
HYATT HOUSE217 ROOMS
(UNDER CONSTR.)
PEABODY PLAZA280K SF OFFICE
(UNDER CONSTR.)
HERMITAGE AVE
HERMITAGE AVE
MIDDLETON STMIDDLETON ST
2ND
AVENUE S
2ND
AVENUE S
5TH
AVE
NU
E S
5TH
AVE
NU
E S
LAFAYETTE ST
LAFAYETTE ST
4TH AVEN
UE S
4TH AVEN
UE S
PEABODY STPEABODY ST
KOREAN VETERANS BLVDKOREAN VETERANS BLVD
6TH
AVE
NUE
S
6TH
AVE
NUE
S
ASH STASH ST
1.2M SF1.2M SFMUSIC CITY CONVENTION CENTERMUSIC CITY CONVENTION CENTER
685,000 ANNUAL ATTENDEES685,000 ANNUAL ATTENDEESOMNI HOTELOMNI HOTEL800 ROOMS800 ROOMS
CONVENTION SPACECONVENTION SPACE
3-FLAG3-FLAGMARRIOTTMARRIOTT
468 ROOMS468 ROOMS
THE JOSEPHTHE JOSEPHHOTELHOTEL
297 ROOMS297 ROOMS
HOLIDAY HOLIDAY INNINN
230 ROOMS230 ROOMS
TRU BY HILTONHOME2 SUITES
233 ROOMS(UNDER CONSTR.)
OLMSTEADOLMSTEADSOBROSOBRO
328 APARTMENTS328 APARTMENTS
ONE KVB425K SF OFFICE
25K SF RETAIL30-STORY
(PLANNED)
HAMPTONHAMPTONINNINN
207 ROOMS207 ROOMS
DRURYPLAZAHOTEL
390 ROOMS(UNDER
CONSTR.)
222 2ND AVE S222 2ND AVE S362K SF362K SFOFFICEOFFICE
30K SF RETAIL30K SF RETAIL
MARGARITAVILLEHOTEL
238 ROOMS(UNDER
CONSTR.)
HILTONHILTONGARDENGARDEN
INNINN214 ROOMS214 ROOMS
BODEBODEBOUTIQUEBOUTIQUE
HOTELHOTEL40 ROOMS40 ROOMS
SOBROSOBRO313 APARTMENTS313 APARTMENTS
10K SF RETAIL10K SF RETAIL
PINNACLEPINNACLEOFFICEOFFICETOWERTOWER520K SF520K SF
BRIDGESTONEBRIDGESTONEHQ TOWERHQ TOWER
500K SF500K SF
ENCOREENCORE333 CONDOS333 CONDOS
20K SF RETAIL20K SF RETAIL
HILTON HOTELHILTON HOTEL330 ROOMS330 ROOMS
BRIDGESTONE BRIDGESTONE ARENAARENA
CAMBRIACAMBRIASUITESSUITES
255 ROOMS255 ROOMS
JW MARRIOTTJW MARRIOTT468 ROOMS468 ROOMS
WESTINWESTINHOTELHOTEL
452 ROOMS452 ROOMS
HUME-FOGGHUME-FOGGMAGNET SCHOOLMAGNET SCHOOL
RENAISSANCERENAISSANCEHOTELHOTEL
649 ROOMS649 ROOMS
505505NASHVILLENASHVILLE
550 CONDOS550 CONDOS
ONEONENASHVILLENASHVILLE
PLACEPLACE411K SF411K SFOFFICEOFFICE
AT&TAT&TBLDGBLDG
690K SF690K SFOFFICEOFFICESUNTRUSTSUNTRUST
PLAZAPLAZA340K SF340K SFOFFICEOFFICE
RYMANRYMANAUDITORIUMAUDITORIUM
5TH & BROADWAY400K SF OFFICE, 230K SF RETAIL
350 APARTMENTS(UNDER CONSTR.)
5/3 BANK5/3 BANK489K SF489K SFOFFICEOFFICE
FIRSTFIRSTTENNTENN
480K SF480K SFOFFICEOFFICE
TNTNSTATESTATE
CAPITOLCAPITOLSHERATONSHERATONHOTELHOTEL
474 ROOMS474 ROOMS
UBS TOWERUBS TOWER600K SF600K SFOFFICEOFFICE
CIRCUITCIRCUITCOURT CLERKCOURT CLERK
JUSTICEJUSTICEDEPARTMENTDEPARTMENT
NISSANNISSANSTADIUMSTADIUM
NASHVILLE YARDS2M SF OFFICE
1K HOTEL ROOMS(UNDER CONSTR.)
CAPITOL VIEW1M SF OFFICE
649 APARTMENTSHAMPTON INN & SUITES 169 ROOMS
HCA HQ, PUBLIX GROCERY(UNDER CONSTR.)
RIVER NORTH DISTRICT13 ACRES
3M SF OFFICE, 1,735 APARTMENTS285K RETAIL, 550 HOTEL ROOMS
186K SF CIVIC SPACETHE LANDINGS 600 APARTMENTS
PEDESTRIAN BRIDGE TO GERMANTOWNWATERFRONT PARK/MARINA
TOP GOLF NASHVILLE
DOWNTOWNNASHVILLE
DOWNTOWN NASHVILLE HAS 75,000 OFFICE DAYTIME WORKERS
DOWNTOWN NASHVILLE WILL HAVE 13,000 RESIDENTS BY THE END OF 2019
2.7M SF OFFICE SPACE UNDER CONSTRUCTION DOWNTOWN
27 TOWER CRANES IN NASHVILLE’S URBAN CORE
OVER 1,000 DOWNTOWN EVENTS PER MONTH
$1.43B IN BUILDING PERMITS APPROVED BY METRO NASHVILLE IN Q1 2019
DOWNTOWN NASHVILLE IS HOME TO OVER 8,300 HOTEL ROOMS WITH 3,640 MORE UNDER CONSTRUCTION AND 3,130 PLANNED
HER
MIT
AGE
AVE
HER
MIT
AGE
AVE
LEA AVELEA AVE
PEABODY STPEABODY ST
KOREAN VETERANS BLVD
KOREAN VETERANS BLVD
5,150 SFRESTAURANT
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 #1800Nashville, TN 37201www.cbre.com/nashville
ROCHFORD BELL REAL ESTATE2200 Abbott Martin Rd #200Nashville, TN 37215www.rochfordbell.com
© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.
AVAILABLE FOR SALE5,150 SF RESTAURANT CONDO
20 RUTLEDGE
STREET