property summary - foundry commercial · oaks / sidco drive commercial district. all of these areas...
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2500 CRUZEN STREET4 8 , 7 5 0 S F | 3 . 7 5 A C R E S | U R B A N I N D U S T R I A L
P R O P E R T Y S U M M A R Y | N A S H V I L L E , T N
22500 CRUZEN STREET | FOUNDRY COMMERCIAL
2500CRUZENSTREET
FUTURE MLS STADIUMFAIRGROUNDS
REDEVELOPMENT
WEDGEWOODHOUSTON
Cruze
n St
Nolensville Rd
Nolensville Rd
Melrose Ave Melrose Ave Melrose Ave
440
440
440
DOWNTOWN NASHVILLE
65
65
LOCATION OVERVIEW MAP
32500 CRUZEN STREET | FOUNDRY COMMERCIALINVESTMENT OPPORTUNIT Y
THE OPPORTUNITY
Sheet Metal Works, LLC (“Owner”) has retained Foundry Commercial as its Exclusive Agent in the sale of 2500 Cruzen Street, Nashville, TN (the “Property”). The asking price for this property is $3,800,000.
The Property is composed of 3 industrial buildings (totaling 48,750 SF) on a 3.75 acre land parcel. This site contains excess land for parking, open lot storage, or future development potential. With an allowable FAR of 80%, the entire site can accommodate a total of 130,680 SF of improvements.
The Property has an excellent, central location which is only 3 miles south of Downtown Nashville and 3.5 miles west of the Nashville International Airport. Highway access is minutes away via the nearby I-440/Nolensville Pike interchange. The property is also ideally located between the rapidly-improving WeHo neighborhood, the fairgrounds redevelopment project which will include a new $275 million MLS stadium, and the 100 Oaks / Sidco Drive commercial district. All of these areas have seen dramatic real estate appreciation recently with expectations this trend will continue for the foreseeable future.
This industrial facility is the former home of Leader Industries, a sheet metal fabrication company. Leader operated at this location for over 30 years. The company has recently been sold and the facility is now unoccupied.
For further information about the property or to arrange a property tour, please contact Rick Helton or Andrew Maxwell at 615-997-0010.
BUILDING 2
BUILDING 3
BUILDING 1
0.5 ACRE
STORAGE
YARD
0.5 ACRE
STORAGE
YARD
1 ACRE
POTENTIAL
DEVELOPMENT
SITE
NEWSOME STREET
CRU
ZEN STREET
42500 CRUZEN STREET | FOUNDRY COMMERCIALPROPERT Y INFORMATION
BUILDING 1
BUILDING 1
BUILDING 3
BUILDING 3
BUILDING 2
BUILDING 2
PROPERTY HIGHLIGHTS
• Centrally located 3 miles southeast of the Nashville CBD, 3.5 miles west of the Nashville International Airport
• Immediate access to I-440 / I-65
• Near the fairgrounds redevelopment / MLS stadium project
• Six dock doors and two drive-in doors in Buildings 1 & 2
• Ductwork in place for 100% cooling upon repair/replacement of HVAC units in buildings 1 & 2; heaters are 100% operational
• Two half-acre storage yards
• One-acre future development site with 0.8 FAR
PROPERTY DETAILS
Purchase Price $3,800,000
Address 2500 Cruzen Street, Nashville, TN 37211
Sub MarketGrandview Heights Industrial Districtat Melrose Ave, Nolensville Pike & I-440
Zoning IWD - Industrial Warehousing / Distribution
Site Size 3.75 Acres - Includes 1 AC Development Site
Max FAR 0.8 - Allows for 130,680 SF of Improvements
Existing Improvements
±48,750 SF - 3 Buildings Total
Construction TypeConcrete Slab Foundation, Steel Framing, Prefab Corrugated Metal
Year(s) Built Bldg 1: 1982 Bldg 2: 2000 Bldg 3: 1995
Eave Heights Bldg 1: ±16ft Bldg 2: ±23ft Bldg 3: ±15ft
Electric Power 1,500 Amp Service
52500 CRUZEN STREET | FOUNDRY COMMERCIALSITE PL AN DETAILS
BUILDING 119,890 SF
MIDPOINT CLEAR HEIGHT18’-0”
EAVE HEIGHT 16’-0”
153’
130’
190’
76’
60’
New
som
e St
Cruzen St
STORAGE YARD
3 DOCKDOORS
DRIVE-INDOOR
DRIVE-INDOOR
3 DOCK DOORS
BUILDING 225,260 SF
MIDPOINT CLEAR HEIGHT37’-6”
EAVE HEIGHT 23’-0”
BUILDING 33,600 SF
CLEAR HEIGHT16’
EAVE HEIGHT 15’-0”
STORAGE YARD
25’ x 60’COLUMN SPACING
62500 CRUZEN STREET | FOUNDRY COMMERCIALPARCEL SITE PL AN
2500 CRUZEN STREET
TAX MAP 118-08 PARCEL: 2453.75 ACRES
1 ACREPOTENTIAL
DEVELOPMENT SITE
2515 CRUZENSTREET
OPTIONAL PARCEL
.51 ACRES
72500 CRUZEN STREET | FOUNDRY COMMERCIALLOCATION MAP
Nashville CBD
NashvilleInternational
Airport
2500 CRUZEN
I D E A L LO CAT I O N
2500 Cruzen Street is centrally
located between the rapidly-growing
Wedgewood Houston (WeHo)
neighborhood and expanding
business district along Sidco Drive in
the 100 Oaks area. The property is very
near the Nashville MLS Stadium site, a
zone of significant development. The
property is also within close proximity
to the CBD and airport with access to
several main interstates and arteries:
I-440, I-65, I-40, I-24 and Nolensville Rd.
Fairgrounds Redevelopment
MLS Soccer StadiumProject Site
WeHo
Berry Hill
100Oaks
Woodbine
3 Miles via
2nd Ave S / N
olensville Rd
12 South
Vanderbilt
MusicRow
West End
Oak Hill
GreenHills
Sidco DriveBusiness District
100 Oaks Mall Retail Shopping
Dining Amenities
3.5 Miles via I-40
82500 CRUZEN STREET | FOUNDRY COMMERCIAL
To
Airport
From Airport
To/F
rom
Th
om
pso
n L
n
Win
ford
Ave
Euge
nia
Ave
To I-65From I-65
To/FromNashvilleCBD
I-440
I-440
Nolensville Rd
Cru
zen
St
To/From Berry HillMelrose Ave Melrose Ave
Kline A
veNewsome St
ACCESS MAP
2500 CRUZEN STREET
I M M E D I AT E ACC E S S
2500 Cruzen is less than 1 mile
from the I-440 / Nolensville Road
interchange, allowing easy access
to I-65 and the airport. There are
multiple other ways to access the
property from all directions.
92500 CRUZEN STREET | FOUNDRY COMMERCIALPROPERT Y PHOTOGR APHS
Warehouse Interior - Current Condition
Storage Yard
Warehouse Interior - Current Condition
Warehouse Interior - Previous Use
102500 CRUZEN STREET | FOUNDRY COMMERCIAL
RICK HELTONAdvisory Services
(o) 615 324 0785(c) 615 400 4092
ANDREW MAXWELLAdvisory Services
(o) 615 324 0793(c) 615 418 0520
PLEASE CONTACT
2500 CRUZEN STREET4 8 , 7 5 0 S F | 3 . 7 5 A C R E S | U R B A N I N D U S T R I A L