142 8th Avenue North AKA 142 Rosa L. Parks Boulevard, Nashville, TN 37203 *Do not disturb the tenants, showings strictly by appointment only.* The building is NOT for sale, serious RENTAL inquiries only. Three to five year lease term, lease will not have any options to buy. Note that the building has been used as a private residence for the last 5 years thus the pictures show personal property such as furnishings and appliances that will not be included in the rental. This incredible property is located in the hottest opportunity zone in Downtown Nashville. This property is rarely up for lease, inquire quickly. Prime location with parking in downtown Nashville. Two story, 3900 square foot building with 6 parking spots. Tenant will enter a NNN lease; which will include rent, property taxes, insurance, and common maintenance. LOCATION: This corner building sits at the thriving intersection of 8th Avenue North (Rosa L. Parks Boulevard) and Commerce. Over 35,000 cars pass through this intersection daily. The building is next door to the ultra popular Red Telephone Book speakeasy lounge and sits diagonally across from the The Standard at the Smith House. Under construction directly across the street is the future home of the Nashville Yards which will be a new 17-acre downtown district with shops, restaurants, entertainment venues, apartments, offices and hotels. Further, this building is located directly across from the newly built Federal Courthouse and steps away from the Renaissance Hotel, Holston House, Public Library, Bridgestone Arena, the bars and nightlife of Broadway and Hume-Fogg High School. This building is ideal for a law firm or professional office, potentially a live/work space or an upscale restaurant / bar. Zoning and permitting will be the sole responsibility of the tenant. BUILDING DETAILS: A rare find, this small office building has been beautifully renovated and is prime for a creative, modern business. The first floor office space is 1,950 square feet. The first floor has a large lobby / entrance area that features massive picture windows with a spiral staircase to the second floor. The open concept floor plan leads into a beautiful exposed brick lounge / reception / front office space with a full bathroom. The lobby / entrance transitions into a huge meeting / conference / kitchen space with recessed lighting and exposed brick detail. There is a half bathroom in the hallway. There are three large private offices on the first floor, one has a full bathroom. The rest of the first floor features a massive open space (1,395 sq ft) that provides access to the back door and back parking area. This large open space has been used as a photo studio, event space, small warehouse and open office space. In this area there is another private office, two restrooms and two storage areas. There is a 700 square foot basement not included in square footage. The second story is 580 square feet featuring two large offices and a full bathroom. The second story is accessible from a spiral staircase in the front and a second larger stairwell accessible from the first floor hallway that features exposed brick. The back of the building can park 6 to 8 vehicles depending on size and how the cars are parked. The front of the building has signage opportunities on the second story facing 8th Avenue that measures 52 feet of frontage and a huge brick wall on the Commerce side has possibilities for something iconic on the 152 foot long side of the building. A minimum of a three year lease is required. Five year lease term is preferred. Will consider option to extend to ten year lease term. Triple net lease, $29 to $36 sf/year. 2021 property taxes were $19996.18. Tenants will carry insurance in the amount of $3M for additional insured, loss payee to owner. Tenant will be responsible for all further renovations, remodel, repairs and common maintenance.
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