Northside Festival
 

ross
BOV 2
BOV 5

2201-2218 Gallatin Pike N. | Madison, TN 37115

  • Anchored by Destination Anchors: Ross Dress for Less, Ollie’s Bargain Outlet and PetSmart occupy 79% of GLA.

  • Many National Shadow-Anchor Tenants Nearby: Best Buy, Walmart Supercenter, DSW, Bed Bath & Beyond, Dillard’s, JCPenney, Hobby Lobby, CVS, and TJ Maxx surround the property.

  • Strong Anchor Tenants: National anchor tenants dominate the subject property rent roll with 76% of the center occupied by strong brands with credit.

  • Excellent Location: Strong visibility on a high traffic US Highway - Northside Festival is strategically located at a signalized intersection for easy access, with over 38,000 vehicles/day driving on Gallatin Pike. The center is located in close proximity to other national retailers including Walmart, Target, Best Buy, Bed Bath & Beyond, Dillard’s, Ashley Home Furniture, and Haverty’s.

  • Hot Market: Nashville is HOT! The Nashville market is in peak demand and heavily favored by more investors than any other market in Tennessee. Nashville is the third fastest growing metropolitan economy in the nation.

  • Investor Opportunity: Conservative rents averaging $9.97 per square foot and pricing well below replacement cost.

  • Attractive Lease Terms: Good lease terms - Anchors Ross, PetSmart and Ollie’s all have adequate remaining lease term to facilitate attractive new financing for the buyer.