9,200 sf marquee retail below 126,000 sf class a office...retail at 18th & chet: the 18th &...
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AUSTIN BENEDICT+1 615 493 9221
JOHN MAXWELL+1 615 493 9230
AVAILABLE 9,200 SF MARQUEE RETAIL
BELOW 126,000 SF CLASS A OFFICE820 18TH AVENUE SOUTH, NASHVILLE, TN 37203
OVERVIEW:Nashvil le-based Spectrum | Emery and partner Hall Capital are developing “18th & Chet” , a 10-story Class-A off ice building located in the heart of Midtown Nashvil le . The project includes approximately 126,000 SF of premier off ice space with outdoor terraces on each level along with approximately 400 parking stal ls (3/1000 SF ratio) in the project ’s access-controlled parking structure. Each of the project ’s ef f icient 30,000 SF f loor plates features incredible panoramic views of Music Row, Vanderbilt and Nashvil le ’s downtown skyl ine.
RETAIL AT 18TH & CHET:The 18th & Chet project also features 9,198 SF of s ignature street-level retai l . This retai l space is comprised of 1 ,991 SF facing 18th (targeting café/amenity-type use) and a 7,198 SF marquee restaurant space on the corner of Chet Atkins Place and 18th Avenue South. Developer is targeting polished dining concepts to anchor this 7 ,198 SF space, which may be subdivided if this enhances the tenant mix. Each retai l tenant and its guests wil l have access to the project ’s parking deck on terms to-be-negotiated.
LOCATION:18th & Chet is ideally located in the Midtown area of Nashvil le just two blocks from the Vanderbilt University campus, and proximate to the Division Street entertainment distr ict , one of Nashvil le ’s most vibrant nightl i fe destinations. Major traff ic and population drivers in Midtown include: Vanderbilt University and Vanderbilt Medical Center , St . Thomas Midtown Hospital , Music Row (music industry off ices) , hotels , restaurants, retai l and an abundance of new multifamily developments. This area of Midtown represents one of the densest areas in Nashvil le for commercial development. SkyHouse (352 apartments) was completed March 2017 just 3 blocks away and The Morris (300 apartments) is scheduled for delivery December 2017 and located just ½ block away.
COMPLETION DATE:Developer anticipates delivering the 18th & Chet project late-Summer 2018. As early as possible advance of this date, Developer intends to provide retai l tenants with access to their premises to begin construction.
PARKING FOR RETAIL:The project ’ s approximately 400 parking sta l l s are des igned for use by of f ice tenants with a portion reserved for use by retail tenants and their guests . Parking arrangements for retail wil l be negotiated in the lease and may include validation options, l imited free parking, potential for valet services, etc. Free off-site street park ing i s a l so ava i lab le in the a rea . The park ing s t ructure i s 1 l eve l be low grade, 5 levels above grade. Above the structured parking are 4 levels of off ice.
RETAIL SUMMARY
PROJECT ADDRESS:
820 18th Avenue South, Nashville, TN 37203(NE corner of 18th Avenue South & Chet Atkins Place)
PROJECT COMPLETION DATE:
Planned completion date is late-Summer 2018. Retail spaces will be delivered to tenants as soon as possible prior to the final completion date
AVAILABLE RETAIL SPACES:
• 7,198 SF marquee retail at corner of 18th & Chet. Space is divisible. Developer is targeting polished full-service restaurant use and other tenants who compliment Class A office
• 1,991 SF located along 18th Ave South. Developer is targeting amenity-type uses (fitness, coffee shop, juice bar, postal, etc.)
RETAIL PARKING:
Project includes a 393-stall parking deck (1 level below grade; 5 levels above). A portion of this parking is reserved for use by retail tenants and patrons. Parking arrangements will be negotiated in the lease and may include validation options, limited free parking, potential for valet service, etc. Free off-site street parking is also available in the area
RETAIL CEILING HEIGHTS:
Approximately 20’
TRASH DISPOSAL:
Dumpster/compactor is located directly behind the 7,198 SF space and accessible through the service corridor
LOADING/DELIVERIES:
Loading dock is located on east face of building and accessible through the service corridor
DELIVERY CONDITIONS:
• Floor: Poured concrete floor
• Grease Trap: Developer will deliver a grease trap with drain line stubbed to the premises, as necessary
• Sprinkler: Developer will deliver close double space fire protection with upturned sprinkler heads
• Electric: Developer will include an electrical panel within each premises. 400 amp 120/208V-3PH-4W will be available
• Gas: 2” natural gas service will be delivered as necessary to the premises
• Water: 2” domestic water supplied to each premises
• Sewer: 4” sanitary line stubbed to each premises
CUMMINS STATION
FRIST CENTER FOR THE
VISUAL ARTS
UNION STATION HOTEL
DOWNTOWN YMCA
1.2M SF MUSIC CITY CONVENTION CENTER
“ELEVEN NORTH”302 APARTMENTS
“POLLACK SHORES”
376 APARTMENTS
“VELOCITY”265 APTS/CONDOS
“ICON”417 APARTMENTS
“TERRAZZO”117 CONDOS
BEAMAN AUTO
ROUNDABOUTPLAZA OFFICES
BROADCAST MUSIC OFFICES
DEMONBREUN HILL ENTERTAINMENT
DISTRICT
“ELEMENT MUSIC ROW”431 APARTMENTS
“1501”205 APARTMENTS
“RHYTHM”CONDOS
UNDER CONSTR:“CRESCENT
MUSIC ROW”275 APARTMENTS
BEST WESTERNHOTEL
“TWELVE TWELVE”
285 CONDOS
UNDER CONSTR:“1201” CLASS A
OFFICES
“GULCH CROSSING”
CLASS A OFFICE
“PINE STREET FLATS”
296 APARTMENTS
“SKYHOUSE”352 APARTMENTS
UNDER CONSTR:“CADENCE”
205 APARTMENTS
BRIDGESTONEARENA WESTIN
HOTELRENAISSANCE
HOTEL
SAINT THOMAS
MIDTOWN
BELL MIDTOWN170 APARTMENTS
UNDER CONSTRT“1818 CHURCH”
142 APARTMENTS
RENESANT BANK
HUTTON HOTEL
MARRIOTTSPRINGHILL
SUITES
AT&T
AMERIGO & BLACKSTONE
RESTAURANTS
HAMPTON INN
MARRIOTT GARDEN INN
FIRSTBANK
PALMER PLAZAOFFICES
HILTON GARDEN
INN
HILTONHOME2
CONDOS
UNDER CONSTR:“AERTSON MIDTOWN”
350 APTS & 180 ROOM HOTEL
“ADELICIA”186 CONDOS
& LE SEL RESTAURANT
DIVISION STREETENTERTAINMENT
DISTRICT
PROPOSED:“REGENT MIDTOWN”
25-STORY RESIDENTIAL16-STORY HOTEL
UNDER CONSTRJW MARRIOTT
HOTEL
UNDER CONSTR:
“CAMBRIA”
MARRIOTTFAIRFIELD INN &
SUITES
PLANNED:PARKING GARAGE
FOR MIDTOWNMEDICAL PLAZA
PROPOSED:25-STORY / 135
CONDOS160 BOUTIQUE
EMBASSYSUITES
PLANNED:VIRGIN HOTEL
UNDER CONSTR:NORSTAR APTS
235 UNITS
UNIVERSITYSQUARE APTS
“ARTISAN ON 18TH”
153 APTS
RYMAN AUDITORIUM
PLANNED:27-STORY, 362 APTS
& WHOLE FOODS
21ST AVE S21ST AVE S
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ALLEY #444
ALLEY #444
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MUSIC SQUARE WEST
MUSIC SQUARE EAST
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I-65/I-40I-65/I-40
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UNDER CONSTR:
“THE MORRIS”300 APTS
MIDTOWN MARKET AERIAL
MIDTOWN MARKET MAP
MUSIC SQUARE WEST
MUSIC SQUARE EAST
THE GULCH
BRIDGESTONE ARENA
I-40
BROADWAY
VIRGIN HOTEL SITE
THE MORRIS6,400 SF RETAIL
SKYHOUSE10,150 SF RETAIL
100% LEASED
ROUNDABOUT PLAZA OFFICE
ELEMENT MUSIC ROW
THE BRISTOL ON BROADWAY
CHET ATKINS
1,991 SF RETAIL
7,198 SF RETAIL
18TH & CHET STREET-LEVEL RETAIL PLAN
RETAIL FOR LEASE7,198 SF
RETAIL FOR LEASE1,991 SF
18TH AVENUE SOUTH
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RETAIL AT “18th & CHET”812 18th AVENUE SOUTHNASHVILLE, TN 37203
18TH & CHET EXAMPLE RETAIL SCHEMES
EXAMPLE RETAIL SCHEMES: 7,198 SF MARQUEE RETAIL
EXAMPLE RETAIL SCHEME: 1,991 SF (AMENITY RETAIL: CAFÉ, FITNESS, POSTAL, ETC.)
EXTERIOR RENDERINGS
EXTERIOR & RETAIL RENDERING
EXTERIOR & RETAIL RENDERING EXTERIOR & RETAIL RENDERING
EXTERIOR & RETAIL RENDERING
22 T O W E R C R A N E S
I N N A S H V I L L E ’ S U R B A N C O R E
$ 3 . 7 B I N B U I L D I N G P E R M I T S A P P R O V E D B Y M E T R O N A S H V I L L E
3.1%O F F I C E V A C A N C Y
I N M I D T O W N N A S H V I L L E
MIDTOWN NASHVILLE STATISTICS
FOR LEASING INFORMATION:
AUSTIN BENEDICT+1 615 493 [email protected]
JOHN MAXWELL+1 615 493 [email protected]
© 2017 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projec-tions, opinions, or estimates are subject to uncertainty. The information may not rep-resent the current or future performance of the property. You and your advisors 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. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.
