0.64 acres in the heart of Green Hills available for ground lease
3827 & 3829 Cleghorn Avenue
Executive summary
- Limited available sites in the Green Hills neighborhood
- Increasing demand for quality investment and development in Nashville
- Significant hospitality, retail, office and multifamily developments surrounding this site
- Strong market fundamentals
- Site zoned OR20, which allows for medical or financial institutions
Big Tent Commercial Real Estate and Avison Young, as exclusive advisors for ownership, are pleased to present a rare ground lease opportunity for 0.64 acres at 3827 & 3829 Cleghorn Avenue (the “Property”), located in the affluent Green Hills area of Nashville, Tennessee. Green Hills is one of the most coveted areas of Nashville to live, work and vacation. The area is best known for its variety of luxury shopping and dining all within walking distance to the surrounding neighborhoods. The area is one of the most sought after for redevelopment opportunities. This prominent location puts the Property at the center of a vibrant growing urban amenity base and creates easy access to the city’s most coveted area for both residents and visitors. Nashville remains one of the top tourist locations in the country and was slated as the top 5 MSA economic strength rankings according to Policom (2022). Additionally, Wallethub named Nashville as the 4th Best Real Estate Market in the US (2021). With easy access to the interstate system and strong market demand, this site offers developers/users a distinct location within one of the most sought-after areas in the Nashville market.