0.47 acres in the vibrant Gulch neighborhood available for sale or long-term ground lease
Executive summary
- Significant hospitality and multifamily development surrounding the site including the Ritz Carlton Hotel and Residence
- Numerous public and private sector initiatives continue to transform this dynamic neighborhood
- Limited available landmark sites in the Gulch neighborhood
- Increasing demand for quality investment and development in Nashville
- Strong market fundamentals
- As the first LEED ND certified neighborhood in the Southeast, the Gulch continues to be a model for sustainable community design in the region
Avison Young, as exclusive advisor, is pleased to present a unique opportunity for a long-term ground lease or to acquire three parcels. The site totals ± 0.47 acres of prime development land at 605 8th Avenue South (the “Property”), located in the Gulch South neighborhood with direct access to the SoBro neighborhood and the 8th Avenue corridor in Nashville, Tennessee.
Prominently situated among an elite set of developments in a mixed-use LEED ND certified neighborhood, the Property offers favorable zoning for a multitude of uses including a bonus height program to maximize density. The Gulch neighborhood was designed with a strong focus on connectivity, walkability and public transportation.
This prominent location puts the Property at the center of a vibrant growing urban amenity base offering urban living at its best. With superior access to the interstate system, the Division Street connector and the 8th Avenue corridor, the site offers developers a distinct location within the most active path of progress in the Nashville market.
